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Sold on 24 Oct 2024 for $511,500

1112/55 Merchant Street
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
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Property Details for 1112/55 Merchant St, Docklands

1112/55 Merchant St, Docklands is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
78m2
Local Government
Melbourne
Lot/Plan
1112A/PS631834

Last Listing description (November 2024)

Part of the architecturally designed 'exo' building in the designer destination that is Melbourne's Docklands precinct, this top floor apartment is the epitome of low-maintenance modern living.

Ideally suited to first home buyers or those looking to add a quality asset to their investment portfolio, this impressive abode features a large open plan living, dining and classy contemporary kitchen precinct flooded with natural light.

Quality bench tops and stainless-steel appliances are hallmarks of a conducive kitchen that also incorporates subway style tiling and an abundance of built-in storage.

Bedroom accommodation includes two with built-in robes, both have access to the matching modern bathroom with semi-frameless shower, floor-to-ceiling tiles and convenient laundry facilities.

A beautiful private balcony has a warming north-east aspect and city views, split-system reverse-cycle heating/air-conditioning and a secure car space are valued additions.

Beautifully presented modern apartment with a large open layout
Modern kitchen with stainless steel appliances, built-in storage
Bedrooms with robes, bathroom with stylish finishes, laundry facilities
Private balcony with city views, split-system heating/air-conditioning
Secure entrance, car space, proximity to transport and shopping

Conveniently located next door to Woolworths, within walking distance to Marvel Stadium, Southern Cross Station and the plethora of shopping, cafes, restaurants and public transport options associated with the incredible Docklands precinct, close to Melbourne City and all associated major roads.

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Property History for 1112/55 Merchant St, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$511,500
24 Oct 2024
Listed for Rent
$390/w
17 Sep 2020
  • 24 Oct 2024
    Sold for $511,500
  • 03 Sep 2024
    Listed for Sale $520,000 - $570,000
  • 31 Jul 2020
    Listed for Rent $390 / 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 15,626 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 83 properties listed for sale, and 48 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 686 properties were sold in the past 12 months in Docklands.

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