602/240-242 Dorcas Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

602/240-242 Dorcas Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Last updated 17 Aug 2026
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Property Details for 602/240-242 Dorcas St, South Melbourne

602/240-242 Dorcas St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2019. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
Unit
Year Built
2019
Local Government
Port Phillip
Lot/Plan
602/PS738339

Last Listing description (January 2022)

Urban Luxury with Two Bedrooms plus Study

*** Marshall White still operates under a Covid Safe plan. You must register prior to attending an inspection, complete a QR code check-in and wear a face mask. ***

This stunning, spacious as new, sixth floor apartment offers luxurious, low maintenance living in a sort after inner city locale. The security entrance foyer will entice with its lush vertical garden, blue velvet couch and eye catching artwork. The apartment itself will impress with its large open plan living and dining zones, a striking entertainer's kitchen with stainless steel Miele appliances, stone bench tops, dishwasher and integrated French door fridge/freezer whilst the large terrace beyond the full width floor to ceiling sliding doors offers incredible city views and plenty of space for alfresco dining. The generous master bedroom has direct access to the terrace, extensive built in robes and fabulous ensuite. The second double sized bedroom also has built in robes and access to its own balcony. There is a second central bathroom and handy European Laundry. The additional dedicated study with warm sun streaming in and those views over South Melbourne's roof tops & street art is perfect for that sort after "work from home" space. All complimented by ducted heating/cooling, light Oak timber floors throughout, electrically operated dual blinds, sliding balcony screens, two allocated car spaces (Klaus stacker) and two generous storage cages one on the sixth floor opposite the apartment and one in the basement. The location really is fantastic close to food, art and fashion cultures providing the ultimate lifestyle. Locals boast an enviable proximity to South Melbourne Market, Clarendon Street shopping precinct, Albert Park Lake, Melbourne CBD, public transport and even the beach.

Property History for 602/240-242 Dorcas St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,215,000
26 Oct 2016
  • 30 Nov 2021
    Listed for Rent $900.00
  • 01 Jul 2021
    Listed for Rent $900.00
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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 12,937 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 30 properties listed for sale, and 51 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 481 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.