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Back 514/22 Dorcas St
Off Market

514/22 Dorcas St

Southbank VIC 3006

1
1
1
1829 m²
Apartment
Last sold for $395,000
Taylor SimsTaylor Sims, last sold this property on 28 January 2026 after 40 days on market.

Overview

Stylish Southbank Apartment with Oversized Courtyard

• 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.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
1829 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 514/22 Dorcas St is $388.89k.

Median value
$388.89k
Estimated value range
$250k - $730k
Median days on market
44
Estimated value trend
3%
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 514/22 Dorcas St

2026
Sold
$395,000
28 Jan 2026 by Taylor Sims, of Ray White Southbank | Melbourne City
2024
Rented
Undisclosed
Leased on 17 Nov 2024 by Hodges South Melbourne
2023
Rented
Undisclosed
Leased on 31 Jan 2023 by Hodges South Melbourne

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, 232 one-bedroom apartments similar to 514/22 Dorcas St, have been sold.

This represents a 7% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

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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 77 local sales and collected 21 local reviews across the last 12 months.

  •   4.9   (300 reviews)
  •  21 Reviews in Southbank
  •  77 Sales in Southbank
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Faith Chang

Faith Chang is a recommended agent for Southbank.  They have 34 local sales and collected 16 local reviews across the last 12 months.

  •   4.9   (277 reviews)
  •  16 Reviews in Southbank
  •  34 Sales in Southbank
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David Umana

David Umana is a recommended agent for Southbank.  They have 25 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (45 reviews)
  •  11 Reviews in Southbank
  •  25 Sales in Southbank
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