405/56 Dorcas Street

Off Market

405/56 Dorcas Street

Southbank VIC 3006

740 m²

Apartment

Last sold for $550,000

Taylor Sims, last sold this property on 24 February 2026 after 22 days on market.

Overview

Unmatched Outdoor Living in a Class of Its Own

• Expansive one-bedroom residence with a large dedicated study • Huge private terrace ideal for entertaining, relaxing and alfresco dining • Sweeping views across the Melbourne CBD skyline and Shrine of Remembrance • Open-plan living and dining framed by floor-to-ceiling windows • Premium stone kitchen with Miele appliances and island bench • Spacious bedroom with built-in robes • Stylish central bathroom, European laundry • Reverse-cycle heating/cooling, double-glazed windows • Secure drive-in car space plus storage cage • Resort-style resident amenities Positioned in the heart of Southbank, just moments from Melbourne's renowned Arts Precinct and the Royal Botanic Gardens, this exceptional residence delivers a rare combination of space, lifestyle and location. Whether strolling to the NGV, enjoying riverside dining or hopping on a city-bound tram, everything you love about inner-city living is right at your doorstep. Inside, the apartment is beautifully finished with warm timber flooring and an open-plan layout that flows seamlessly to the show-stopping terrace, an outdoor space of truly impressive proportions rarely found in apartment living. Perfect for entertaining or unwinding, the terrace captures breathtaking views across the CBD skyline and the Shrine of Remembrance, creating a spectacular backdrop day and night. The designer kitchen features sleek stone benchtops, quality Miele appliances and an island bench, completed all in the highest finishes and perfect for the culinary enthusiasts. Whilst the generously sized bedroom and large study provide flexibility for working from home or guest accommodation. Residents enjoy access to an outstanding suite of building amenities, including an outdoor heated pool, fully equipped gym, gold-class cinema, residents' lounge and dining spaces, central garden, library/meeting rooms and saunas. With South Melbourne Market, Clarendon Street shopping, world-class dining and the recently opened ANZAC Station all within easy reach, this is refined inner-city living at its best. For all enquiries call Taylor Sims on 0403 485 210.

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

740 m² lot size

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 405/56 Dorcas Street is $387.75k.

Median value

$387.75k

Estimated value range

$240k - $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 405/56 Dorcas Street

2026

Sold

$550,000

24 Feb 2026 by Taylor Sims, of Ray White Southbank | Melbourne City

2024

Rented

Undisclosed

Leased on 05 Mar 2024 by Ray White Southbank | Melbourne City

2021

Sold

Undisclosed

Private Sale/Treaty on 11 Oct 2021 by Jack Richardson, of Abercromby's Real Estate Pty Ltd

Happy sellers in Southbank

85%

85% 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, 240 one-bedroom apartments similar to 405/56 Dorcas Street, have been sold.

This represents a 14% 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.

Michael Pastrikos

at Ray White Southbank | Melbourne City

4.9

(304 reviews)

Get a free market appraisal

Natalia Susanti

at MICM

4.9

(371 reviews)

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Faith Chang

at MICM

4.9

(277 reviews)

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David Umana

at Ray White Southbank | Melbourne City

4.9

(48 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

Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank. They have 72 local sales and collected 23 local reviews across the last 12 months.