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.
• 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
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.
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:
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