SOLD
Sold on 20 Mar 2024 for $335,000

1120/55 Merchant Street
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Sold By
Barry Plant Docklands & Yarra's Edge
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Property Details for 1120/55 Merchant St, Docklands

1120/55 Merchant St, Docklands is a 1 bedroom, 1 bathroom Unit and was built in 2013. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
2013
Local Government
Melbourne
Lot/Plan
1120/PS631834

Last Listing description (May 2024)

Nestled in arguably one of Docklands' most fantastic and convenient locales, this contemporary apartment boasts a sought-after address, just a stone's throw away from supermarkets, cafes, and restaurants in the Victoria Harbour precinct, with the CBD right at your doorstep.

This stylish 1-bedroom apartment located on the top floor in the EXO complex exudes a relaxed ambiance, featuring a spacious open-plan living and dining area. Sliding doors seamlessly connect to your private undercover balcony, ideal for alfresco dining. The modern kitchen showcases a stone benchtop, stainless steel appliances, dishwasher, gas cooktop, and electric oven. A gleaming central bathroom and laundry facilities add to the appeal. Residents can also enjoy the comfort of a spacious lounge area for relaxation.

With a balcony offering fantastic views, this spacious 1-bedroom apartment presents an ideal opportunity for first-time homebuyers or savvy investors seeking high yields!

Call Alice or Tamara for an inspection today!

Property History for 1120/55 Merchant St, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$335,000
20 Mar 2024
  • 20 Mar 2024
    Sold for $335,000
  • 26 Feb 2024
    Listed for Sale Not Disclosed
  • 12 Apr 2013
    Sold for $420,000

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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.