1201/56 Dorcas St, Southbank is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 3492m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom Unit sold in Southbank in the last 12 months.
Positioned high on the 12th floor, this impressive South Melbourne residence delivers the perfect blend of style, comfort and inner-city convenience. With captivating views across the skyline, this is an outstanding opportunity for owner-occupiers and investors seeking a vibrant lifestyle in one of Melbournes most sought-after precincts.Designed for easy modern living, the apartment offers a well-considered layout with light-filled interiors and an inviting sense of space. Whether you are relaxing at home or entertaining friends, the elevated setting and urban outlook create a striking backdrop to everyday life.Located moments from the Royal Botanic Gardens, Albert Park Lake, South Melbourne Market and the CBD, this address places the very best of Melbourne at your doorstep. Enjoy cafs, restaurants, transport and parklands all within easy reach, making this a smart and sophisticated choice in an unbeatable location.
The size of Southbank is approximately 1.6 square kilometres. There are 7 parks, covering nearly 1.5% of the total area. The population of Southbank in 2016 was 18709 people. By 2021 the population was 22631 showing a population growth of 21.0% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation.In 2021, 30.30% of the homes in Southbank were owner-occupied compared with 33.80% in 2016.
Southbank has 30,683 properties. Over the last 5 years, Houses in Southbank have seen a -66.28% decrease in median value, while Units have seen a 2.46% increase. As at 31 August 2026:
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