SOLD
Sold on 18 Dec 2023 for $430,000

115/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
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LUCAS REAL ESTATE
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Property Details for 115/20 Rakaia Way, Docklands

115/20 Rakaia Way, Docklands is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
57m2
Local Government
Melbourne
Lot/Plan
115/PS434030

Last Listing description (January 2024)

Covering all the bases you could possibly need for modern and spacious living in the NewQuay precinct, this 1 bedroom residence will be a coveted prize for first-home buyers and smart investors alike.

Striking contemporary floors are a newer addition and very eye-catching
Entry steps directly into the spacious lounge and meals zone

Charming balcony has serene tree views you will never get tired of
Pristine stone kitchen delivers a breakfast bar, timber detail, and stainless steel appliances
Large bedroom has a bright windowed study nook along with built-in robe storage
Perfect bathroom with bath/shower combo
European laundry
Reverse cycle heating and cooling
Secure intercom
Secure car space
Secure storage cage

PROPERTY SIZE
Internal 57sqm
External 5sqm
Total Size 62sqm

AMENITIES
Residents of the Arkley complex enjoy access to an outdoor swimming pool and spa plus a fully-equipped gymnasium, outdoor entertaining area, and golf practice net.

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 Serena Su on 0499 083 362 or Ricky Li on 0487 888 873 to discuss this property further.

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Property History for 115/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$430,000
18 Dec 2023
Listed for Rent
$470/w
18 Nov 2022
  • 18 Dec 2023
    Sold for $430,000
  • 28 Nov 2023
    Listed for Sale $425,000
  • 04 Nov 2022
    Listed for Rent $470 / 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 15,616 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 52 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 678 properties were sold in the past 12 months in Docklands.

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