OFF MARKET

1104/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
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Property Details for 1104/20 Rakaia Way, Docklands

1104/20 Rakaia Way, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
Unit
Year Built
2002
Floor Size
82m2
Local Government
Melbourne
Lot/Plan
1104/PS434030

Last Listing description (August 2024)

On offer is this 11th floor two bedroom apartment, located in New Quay's much sought after "Arkley" complex. From the floor to ceiling windows, the apartment offers spectacular water views of the marina below and over to the bay and beyond.

The stylish kitchen with ample storage space includes integrated stainless steel appliances and adjoins the open plan living and dining area which opens on to the large balcony which is perfect for entertaining or just relaxing.

Other features include:

- The main bedroom with a stylish ensuite and study nook
- Contemporary bathroom
- Separate laundry facilities.
- Built in robes in both bedrooms.
- Secure car space,
- Reverse cycle air conditioner,
- Security entrance, onsite caretaker,
- recreational facilities include swimming pool, spa,

gymnasium, golf net and putting green, function room.

Currently achieving great returns with the Grand Mecure Service apartments.

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Property History for 1104/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$593,000
30 Mar 2015
Listed for Rent
$700/w
16 Aug 2024
  • 23 Jul 2024
    Listed for Rent $650 / week
  • 02 Oct 2020
    Listed for Rent $450 / week
  • 04 Sep 2020
    Listed for Rent $450 / week
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About Docklands 3008

The size of Docklands is approximately 2.8 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Docklands in 2011 was 5,790 people. By 2016 the population was 10,974 showing a population growth of 89.5% in the area during that time. The predominant age group in Docklands is 20-29 years. Households in Docklands are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Docklands work in a professional occupation. In 2011, 36.4% of the homes in Docklands were owner-occupied compared with 34.5% in 2016.

Docklands has 15,820 properties. Over the last 5 years, Houses in Docklands have seen a 22.66% increase in median value, while Units have seen a -4.00% decrease. As at 31 July 2024:

  • The median value for Houses in Docklands is $2,406,077 while the median value for Units is $604,251.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 78 properties listed for sale, and 53 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 705 properties were sold in the past 12 months in Docklands.

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