OFF MARKET

108/29 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 81m2
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Property Details for 108/29 Rakaia Way, Docklands

108/29 Rakaia Way, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
2003
Floor Size
81m2
Local Government
Melbourne
Lot/Plan
108/PS449343

Last Listing description (July 2024)

In the tightly held podium section of the esteemed Nolan Tower residential complex, this UNFURNISHED 2-bedroom, 2-bathroom, 1 car space 1st-floor apartment is as good as it gets when it comes to modern riverside living.
Floor to ceiling windows offering a generous kitchen/dining area.

Nolan Tower is highly sought-after by Docklands dwellers who appreciate the sleek and spacious living
Quality carpet throughout
Adore the expanses of the central lounge and dining zone

Stylish kitchen offers quality Smeg stainless steel appliances with breakfast bar

Spacious master bedroom has access to a stylish ensuite plus a large walk-in robe
Second bedroom with built in robes

Dazzling central bathroom

Euro laundry room
Ducted heating and cooling
Secure intercom entry
Secure undercover car space situated on the same level as the apartment

AMENITIES
The Nolan complex offers residents access to a pool, gym, and entertaining area.

LOCATION
In the NewQuay precinct near The District Docklands which features Hoyts Cinemas, 8 Street hawker food outlets, Woolworths supermarket, Dan Murphys, and the Market Lane fresh food precinct with butchers, delis, bakeries, and coffee roasters, Capital City Trail, Harbour side restaurants, Docklands Primary School and kindergarten, Marvel Stadium, nearby trams including the free City Circle.

Property History for 108/29 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$615,000
03 Oct 2019
Listed for Rent
$600/w
20 Dec 2022
  • 02 Jul 2024
    Listed for Rent $680 / week
  • 24 Nov 2022
    Listed for Rent $600 / week
  • 03 Oct 2019
    Sold for $615,000
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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 15,824 properties. Over the last 5 years, Houses in Docklands have seen a 11.50% increase in median value, while Units have seen a -1.93% decrease. As at 31 August 2024:

  • The median value for Houses in Docklands is $2,223,622 while the median value for Units is $610,854.
  • Houses have a median rent of $680 while Units have a median rent of $650.
There are currently 72 properties listed for sale, and 51 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 715 properties were sold in the past 12 months in Docklands.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.