SOLD
Sold on 07 Jun 2024 for $555,000

1107/50 Lorimer Street
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 3323m2
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Property Details for 1107/50 Lorimer St, Docklands

1107/50 Lorimer St, Docklands is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 3323m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
66m2
Land Size
3323m2
Local Government
Melbourne
Lot/Plan
40/PS428541

Last Listing description (August 2022)

With a large balcony that is approximately 25 sqm offers panoramic views overlooking the Yarra River, Port Phillip Bay and the CBD, how could you resist this stunning one bedroom apartment at Yarra's Edge.

During the day this wonderful apartment is bathed in natural sunlight and by night you will be mesmerized by the magnificent CBD backdrop.

The full sized open living area will suit the entertainer in you and if you love to cook, the gourmet kitchen includes a symphony of quality appliances with stone bench tops.

The main bedroom overlooks the CBD backdrop and offers built in robes and balcony access.

The facilities include access to Mirvacs Rekdek which includes indoor heated lap pool, spa, steam and sauna room, and fully equipped gymnasium.

For inspection please call Glenn Donnelly on 0419 998 235 or email me at glennd@cityresidential.com.au

Property History for 1107/50 Lorimer St, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$555,000
07 Jun 2024
  • 07 Jun 2024
    Sold for $555,000
  • 27 Jul 2022
    Sold for $525,000
  • 04 Apr 2022
    Listed for Sale $540,000
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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 15,618 properties. Over the last 5 years, Houses in Docklands have seen a -51.20% decrease in median value, while Units have seen a -9.46% decrease. As at 31 October 2024:

  • The median value for Houses in Docklands is $1,032,525 while the median value for Units is $590,125.
  • Houses have a median rent of $660 while Units have a median rent of $650.
There are currently 88 properties listed for sale, and 50 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 684 properties were sold in the past 12 months in Docklands.

Suburb Insights for Docklands 3008

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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.