SOLD
Sold on 12 Feb 2024 for $630,000

1107/5 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 90m2
Sold By
Lucas - Melbourne & Docklands
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Property Details for 1107/5 Caravel Lane, Docklands

1107/5 Caravel Lane, Docklands is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 90m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
80m2
Land Size
90m2
Local Government
Melbourne
Lot/Plan
E1107/PS438893

Last Listing description (April 2024)

Airy, light-filled, and with exceptional views of the harbour and city, this ultra-sleek two-bedroom apartment in Boyd Tower is a celebration of Docklands living. Located on the 11th floor and destined to impress the most discerning of buyers with renovated touches, this corner superstar will certainly turn heads.

Striking designer floors add a level of modern pizzaz to the property
Spacious lounge and meals zone is your first introduction to the standout vistas

Sliding doors open out from the living area to the balcony, where views of the harbour, city, and Marvel Stadium are right in front of you!
Make the most of the smart and functional kitchen which impresses with a breakfast bar and stainless steel appliances
Main bedroom has access to its own private balcony
Both bedrooms come with BIRs
Elegant central bathroom with a separate powder room
Added mirrors throughout contribute to the spacious feel of the apartment
European laundry
Split system heating and cooling
Secure intercom
Secure car space

PROPERTY SIZE
Internal 80sqm
External 8sqm
Total Size 88sqm

AMENITIES
Residents of Boyd Tower have access to a BBQ area, pool, gym, residents garden, and function room.

LOCATION
Near The District Docklands which features Hoyts Cinemas, Woolworths supermarket, Dan Murphys, Chemist Warehouse, and a wide range of specialty shops & restaurants. Youre also close to Capital City Trail, Docklands Primary School and kindergarten, Marvel Stadium, leading universities, trams including the free City Circle line, Southern Cross Station, and a short walk to the Port Phillip Ferries.

All information including the internal and external property area (floor size, address, and general property description) on the website has been provided to Lucas Real Estate by third parties.
Information contained on the Website should not be relied upon and homebuyers are encouraged to undertake due diligence before a property purchase.

Please contact Matthew Cahill on 0493 683 081 or Thomas Tregonning on 0413 317 304 to discuss this property further.

Property History for 1107/5 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$630,000
12 Feb 2024
Listed for Rent
$570/w
23 Nov 2021
  • 12 Feb 2024
    Sold for $630,000
  • 31 Oct 2023
    Listed for Sale Not Disclosed
  • 05 Nov 2021
    Listed for Rent $570 / 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 15,630 properties. Over the last 5 years, Houses in Docklands have seen a -26.83% decrease in median value, while Units have seen a -4.78% decrease. As at 30 September 2024:

  • The median value for Houses in Docklands is $1,750,400 while the median value for Units is $604,426.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 687 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.