1208/22 Dorcas St

Off Market

1208/22 Dorcas St

Southbank VIC 3006

Apartment

Yannie Hou, last sold this property on 23 February 2026 after 24 days on market.

Overview

Smart Southbank Living or Set-and-Forget Investment $2,390/Month Rental Return

Perfectly positioned in the heart of vibrant Southbank, this well-designed one-bedroom apartment offers the ideal balance of lifestyle, location, and immediate investment return - making it equally attractive for owner-occupiers planning ahead and savvy investors seeking secure income. Currently leased at $2,390 per month, this property provides instant cash flow from day one, while still offering future flexibility to move in and enjoy an unbeatable inner-city lifestyle. Step inside to a generous open-plan living and meals area filled with natural light, flowing effortlessly onto a private balcony - a valuable extension of the living space and a major drawcard for both residents and tenants alike. The kitchen is smartly configured with good bench space and storage, ideal for everyday living. The bedroom is comfortably sized and fitted with built-in robes, while the central bathroom is well-appointed and complemented by a convenient European laundry near the entry. Property Features ï¿½ Currently returning $2,390 per month rental income ï¿½ Spacious open-plan living & dining area ï¿½ Private balcony for indoorï¿½outdoor enjoyment ï¿½ Well-proportioned bedroom with built-in robe ï¿½ Functional kitchen with ample storage ï¿½ Central bathroom plus European laundry ï¿½ Low-maintenance inner-city apartment Location That Drives Lifestyle & Demand Set in one of Melbourne's most dynamic precincts, this address places you moments from: ï¿½ Crown Entertainment Complex ï¿½ Southbank Promenade cafï¿½s & restaurants ï¿½ Yarra River walking and cycling trails ï¿½ Arts Centre Melbourne & NGV ï¿½ Trams, Flinders Street Station & CBD access ï¿½ Easy freeway connections For investors, this is a proven high-demand rental pocket with immediate income and strong tenant appeal. For future owner-occupiers, it's an opportunity to secure a prime Southbank address now and move in later. A versatile city-fringe opportunity where lifestyle meets reliable return. Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. The fixtures, fittings, appliances and services have not been tested and no guarantee as to their functionality or efficiency can be provided. Distances and timings are approximate. Prospect purchasers should independently verify the information contained in this document and refer to the due diligence check-list provided by consumer affairs. Click on the link for a copy of the due diligence check-list: http://www.consumer.vic.gov.au/duediligencechecklist

Features

1 bedroom

1 bathroom

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 1208/22 Dorcas St is $388.89k.

Median value

$388.89k

Estimated value range

$250k - $730k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Southbank. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1208/22 Dorcas St

2026

Rented

Undisclosed

Leased on 29 Apr 2026 by LJ Hooker City Residential

2026

Sold

Undisclosed

Private Sale/Treaty on 23 Feb 2026 by Yannie Hou, of LJ Hooker City Residential

2024

Rented

Undisclosed

Leased on 14 Aug 2024 by LJ Hooker City Residential

Happy sellers in Southbank

84%

84% of sellers in Southbank reported that their sale price either exceeded or met their price expectations.

Southbank stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 93 reviews in Southbank over the last 12 months.

Local market activity for 1 bedroom apartments in Southbank

In the last 12 months, 233 one-bedroom apartments similar to 1208/22 Dorcas St, have been sold.

This represents a 6% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Southbank for a free market appraisal.

Natalia Susanti

at MICM

4.9

(366 reviews)

Get a free market appraisal

Michael Pastrikos

at Ray White Southbank | Melbourne City

4.9

(300 reviews)

Get a free market appraisal

Faith Chang

at MICM

4.9

(277 reviews)

Get a free market appraisal

David Umana

at Ray White Southbank | Melbourne City

4.9

(45 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Southbank

Natalia Susanti

Natalia Susanti is a recommended agent for Southbank. They have 24 local sales and collected 22 local reviews across the last 12 months.

4.9 (366 reviews)
22 Reviews in Southbank
24 Sales in Southbank

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Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank. They have 79 local sales and collected 21 local reviews across the last 12 months.