1013/8 Dorcas Street, Southbank VIC 3006

1 beds 1 baths 1 cars

Spachus Insights

View Southbank market
Price position Below suburb median

35.4% below the current suburb median listing price.

Buyer negotiation signal Buyer negotiation

The suburb median sold price is $45,000 below the median listing price.

Selling pace Slower than typical

48 days typical · Property listed 106 days (121% longer).

Property details

Southbank - 380K with Basement carpark 499 per week rent with increases

A spacious one bedroom apartment with balcony, underground car park on title, modern kitchen, internal laundry, split system air conditioning and onsite gym access.
1Bedrooms 1Bathrooms 1Car spaces ApartmentProperty type

Southbank market

Full suburb report
Median listing$580,000
Median sold$535,000
Typical selling time48 days
Tracked sold properties332
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Spachus Property Estimate $400,000 Automated estimate based on available property and market data. Not a formal valuation.
Asking vs estimate -$25,500 6.4% below the Spachus estimate

Property Overview

1013/8 Dorcas Street, Southbank VIC 3006 is an apartment. It has 1 bedroom, 1 bathroom and 1 car space. It is currently listed at $374,500. It has been on the market for 106 days. In Southbank, the median listing price is $580,000 and the median sold price is $535,000. Its current asking price is $205,500 (35.4%) below the Southbank median listing price. Properties in Southbank typically sell in around 48 days based on Spachus tracked sales data. It has currently been on the market 58 days longer than the Southbank typical selling time.

Explore the Southbank Property Market
Property history

Previous sales

JUL 2019
$358k PRIVATE TREATY
FEB 2006
$340k PRIVATE TREATY
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