OFF MARKET

1119/55 Merchant Street
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
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Property Details for 1119/55 Merchant St, Docklands

1119/55 Merchant St, Docklands is a 1 bedroom, 1 bathroom Unit and was built in 2013. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
2013
Floor Size
51m2
Local Government
Melbourne
Lot/Plan
1119/PS631834

Last Listing description (May 2023)

On offer is this spacious ONE bedroom EXO apartment, bathed in natural light and offers breathing space from the hustle and bustle below. The apartment interiors offer a welcoming counterpoint to the building's facade, with the interior palettes giving a subtle flair to enrich the clean modern lines. In the kitchen, the textured touch of stone benchtops combined with tiled splashbacks, sleek cabinetry and stainless steel appliances, add to the sense of style and design at Exo. The building itself is infused with thoughtful design details that will delight and surprise. You will access your home from a private lobby off Merchant Street. Dedicated lifts carry you to the residential hub where the apartments surround an atmospheric open atrium and landscaped garden of evergreen plants and vines. Open to the sky, Exo's unique green heart provides dappled natural light and fresh air in a tranquil, relaxing space.

Location wise, it could not be better; with trams, banks, shopping & cafes within a few steps away, you will have everything you need right at your door step.

Property History for 1119/55 Merchant St, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$348,500
26 Oct 2019
Listed for Rent
$450/w
04 May 2023
  • 12 Apr 2023
    Listed for Rent $450 / week
  • 25 Nov 2019
    Listed for Rent $450 / week
  • 26 Oct 2019
    Sold for $348,500
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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 15,613 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 90 properties listed for sale, and 53 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 676 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.