284 Dorcas Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

284 Dorcas Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 2350m2
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Property Details for 284 Dorcas St, South Melbourne

284 Dorcas St, South Melbourne is a 3 bedroom, 2 bathroom House. The property has a land size of 2350m2.

Building Type
House
Land Size
2350m2
Local Government
Port Phillip
Lot/Plan
1/PS407621

Last Listing description (August 2026)

Expressions of Interest Close Tuesday 8 September at 5pm.

Long admired for its extraordinary architecture and its history as the former South Melbourne Primary School, this landmark building provides a spectacular setting for this exclusive New York-style three-bedroom, three-bathroom residence including a powder room with a sauna. With its own private entrance, the dual-level interior is distinguished by immense warehouse-inspired proportions, original schoolhouse features and a sun-drenched corner aspect, with secure parking for two, a prized inclusion.

Beautifully restored hardwood floors extend through the expansive ground-floor living and dining domain, where a soaring double-height void enhances the impressive dimensions and accentuates the natural light. The contemporary kitchen pairs warm timber benches with contrasting dark cabinetry, premium European appliances and an integrated fridge/freezer, while a substantial island bench overlooks the living area and its gas fireplace set within Italian marble.

Also on the ground level are a powder room and laundry lined with extensive storage and a Helo Finnish sauna, while an exceptionally large cellar provides additional storage. Timber and steel bridge walkways connect the accommodation on the upper level, comprising a generous bedroom with built-in robes and fitted joinery suitable for a home office, and two further robed bedrooms, each with an ensuite.

Original exposed steel beams and oversized windows remain integral to the interior, complemented by internal louvre shutters that allow natural light and airflow throughout the upper level. Split-system heating and cooling, intercom entry, and gated parking for two complement an enviable lifestyle address, just a short stroll from South Melbourne Market, Clarendon Street cafs and restaurants, and city-bound trams, with Albert Park Village, Albert Park Lake, St Vincent Gardens, and light rail transport all within easy reach.

Property History for 284 Dorcas St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
  • 12 Aug 2026
    Listed for Sale $1,400,000 - $1,500,000
  • 18 May 2016
    Listed for Sale CONTACT AGENT
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.

South Melbourne has 12,940 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:

  • The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
  • Houses have a median rent of $850 while Units have a median rent of $675.
There are currently 28 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 490 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.