514/22 Dorcas Street, Southbank, VIC 3006 sold on 29 January 2026 | OnTheHouse
SOLD
Sold on 29 Jan 2026 - Price Unavailable

514/22 Dorcas Street
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 514/22 Dorcas St, Southbank

514/22 Dorcas St, Southbank is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 1 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment

Last Listing description (January 2026)

• Stylish one-bedroom apartment in the iconic Elm building
• Level 5 position with an expansive private courtyard
• Oversized kitchen with stainless steel appliances and stone benchtops

• Spacious bedroom with built-in robes and clever storage
• Modern bathroom with rainfall shower and ample vanity storage
• European laundry, secure entry, car space, and heating/cooling
• Resort-style amenities including gym, pool, spa, and BBQ terrace
• Prime Southbank location near CBD, Botanic Gardens, Crown, and transport
• Rental Appraisal of $525 - $575 per week
• Available with vacant possession

Nestled in the heart of Southbank, this beautifully designed one-bedroom residence within the acclaimed Elm building delivers a refined urban lifestyle complemented by premium finishes and exceptional resident amenities.

Positioned on Level 5, the apartment is highlighted by a generous private courtyard, creating an outstanding indoor-outdoor connection rarely found in one-bedroom living. The open-plan living and dining zone flows seamlessly outdoors, providing the perfect setting for entertaining, relaxing, or enjoying everyday living in the open air. The sleek, well-appointed kitchen features stone benchtops, stainless steel appliances, mirrored splashbacks, and ample storage, balancing style with practicality.

The spacious bedroom is fitted with built-in robes and thoughtful storage solutions, while the contemporary bathroom showcases floor-to-ceiling tiles, a distinctive circular rainfall shower, and substantial vanity storage. Additional features include a European laundry, excellent internal storage, secure swipe and intercom entry, a dedicated car space, and split-system heating and cooling.
Residents of the Elm building enjoy access to resort-style amenities including a fully equipped gym, plunge pool, spa, and rooftop BBQ terrace, all set within beautifully landscaped surroundings designed by Jack Merlo.

Perfectly positioned, this apartment offers immediate access to public transport, the Royal Botanic Gardens, Albert Park, South Melbourne Market, Crown Casino, the Arts Precinct, and an abundance of renowned dining, shopping, and entertainment options. Just minutes from the CBD, this is an exceptional opportunity for owner-occupiers and investors alike.

Property History for 514/22 Dorcas St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
29 Jan 2026
Listed for Rent
$460/w
01 Feb 2023
  • 19 Jan 2026
    Sold for $395,000
  • 19 Dec 2025
    Listed for Sale $370,000 - $395,000
  • 23 Jan 2023
    Listed for Rent $460 / week
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About Southbank 3006

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 30,699 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:

  • The median value for Houses in Southbank is $436,701 while the median value for Units is $559,330.
  • Houses have a median rent of $730 while Units have a median rent of $700.
There are currently 165 properties listed for sale, and 219 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1409 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Zekria Tawafi
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Taylor Sims
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Ray White Southbank | Port Phillip
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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.