4. Property Auction Result

1406/8 Dorcas St, Southbank VIC 3006

1406/8 Dorcas St, Southbank VIC 3006

unit 2 2 1

Sold $501,000 on 18 Feb 2017

Distance To CBD: 1.9 km

List: $440,000 - $480,000

Agency: Greg Hocking Real Estate - Albert Park

Floorplan Nearby Sold Price

Map And Street View
Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

High ConfidencePrice Estimate*

$440,000 - $549,000

*based on similar properties sold prices

Stamp Duty Calculator

Total

$ 26,600

Mortgage registration fee $108

Transfer fee $1,362

Stamp duty on property $25,130
*based on property value $501,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 2,152

Total interest payable $373,769

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $400,800 for principal and interest
Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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Comparable Sold Properties

Address Sold Price
1105/105 Clarendon Street 2 $455,000
2705/151 City Road 2 $630,000
1004/45 Clarke Street 2 $575,000
1101/180 City Road 2 $780,000
1403/283 City Road 2 $520,000
3405/45 Clarke Street 2 $508,000
2510/63 Whiteman Street 2 $850,000
7/108 Southbank Boulevard 2 $715,000

Comparable Rent Properties

Address Rent Price
3401/283 City Road 2 $750 p/w
3607/241 City Rd 2 $700 p/w
1302/39 Coventry St 2 $630 p/w
3004w/93-119 Kavanagh Street 2 $740 p/w
121/285 City Road 2 $610 p/w
3510/45 Clarke Street 2 $700 p/w
1401/283 City Road 2 $700 p/w
3912/81 City Road 2 $850 p/w
Auction History - Southbank, VIC 3006
2024 April
Address Price Result*
8/1 Riverside Qy N/A PI 2
2/104 Coventry St N/A W 2
805/14 Kavanagh St N/A W 2
154/173 City Rd N/A PI 2
7/108 Southbank Blvd $715,000 S 2
91/1 Riverside Qy N/A W 2
2024 March
Address Price Result*
7408/70 Southbank Blvd N/A W 3
111/102 Wells St $622,000 S 1

Southbank, VIC 3006
(1.04 km to CBD)

Median House Price

$718,000

Median Unit Price

$599,444

Surrounding Suburbs

Nearby Train Stations

1.37 km Flinders Street Station
1.86 km Parliament Station
1.91 km Jolimont Station

Nearby Schools

0.49 km Victorian College Of The Arts Secondary School
0.71 km MacRobertson Girls High School
0.74 km Melbourne Grammar School
1.5 km Stott's College
1.4 km Melbourne Girls' Grammar School - an Anglican School
1.78 km New Generation College
1.68 km Albert Park Primary School
1.68 km Albert Park College
1.57 km Galilee Regional Catholic Primary School
1.74 km Christ Church Grammar School