503/240-242 Dorcas Street, South Melbourne, VIC 3205 sold on 06 October 2025 | OnTheHouse
SOLD
Sold on 06 Oct 2025 for $810,000

503/240-242 Dorcas Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 69m2
Land area: 668m2
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Property Details for 503/240-242 Dorcas St, South Melbourne

503/240-242 Dorcas St, South Melbourne is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2019. The property has a land size of 668m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom House sold in South Melbourne in the last 12 months.

Building Type
House
Year Built
2019
Floor Size
69m2
Land Size
668m2
Local Government
Port Phillip
Lot/Plan
503/PS738339

Last Listing description (July 2019)

This new luxury apartment commands prime position in
the heart of South Melbourne.
Perfectly sitting between Clarendon and Cecil Street, you will

be greeted by the buildings alluring garden wall and secure lobby.
Impress when you entertain, capturing the bright lights of Melbourne.
The architecturally designed apartment features
high-end fixtures and fittings, complimented by interiors flooded
with natural light. Exposed concrete ceilings, oak floorboards, Miele appliances, ample storage and ducted heating/cooling.
Included is secure basement car park and large storage cage.
All this in an internationally acclaimed location that
draws Melbourne s finest purveyors of food, art and
fashion providing the ultimate lifestyle.
Move in now!

Property History for 503/240-242 Dorcas St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$810,000
06 Oct 2025
Listed for Rent
$685/w
16 Jul 2019
  • 06 Oct 2025
    Sold for $810,000
  • 21 Jun 2019
    Listed for Rent - Price not available
  • 24 Jan 2018
    Sold for $750,000
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,873 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:

  • The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 38 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 499 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Cotality Copyright and Legal Disclaimers about Property Data
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.