OFF MARKET

1204/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 3444m2
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Last updated 30 Sep 2024
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Property Details for 1204/20 Rakaia Way, Docklands

1204/20 Rakaia Way, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 3444m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
Unit
Year Built
2001
Floor Size
82m2
Land Size
3444m2
Local Government
Melbourne
Lot/Plan
1204/PS434030

Last Listing description (October 2024)

Fully Furnished. This immaculate apartment in the Arkley with exceptional views. This residence offers two generous bedrooms with built in robes, the main with ensuite, private balcony and central second bathroom. Large open plan living area which overlooks the waterfront. Modern kitchen with breakfast bar and stainless-steel appliances, reverse cycle heating and cooling, secure intercom, secure car space and access to a pool, spa and gym.

Enjoy the life by the water in NewQuay and enjoy The Districts rejuvenation featuring shopping and amenities including Hoyts Cinemas, Woolworth supermarket, Dan Murphys and restaurants. Being perfectly located in Melbournes free tram line, Marvel Stadium and the CBD making this apartment the perfect home for the most discerning of residents.

Property History for 1204/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$598,000
16 Apr 2015
Listed for Rent
$530/w
03 Aug 2021
  • 23 Sep 2024
    Listed for Rent $780 / week
  • 06 Dec 2023
    Listed for Rent $720 / week
  • 21 Jun 2021
    Listed for Rent $530 / 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 15,824 properties. Over the last 5 years, Houses in Docklands have seen a 11.50% increase in median value, while Units have seen a -1.93% decrease. As at 31 August 2024:

  • The median value for Houses in Docklands is $2,223,622 while the median value for Units is $610,854.
  • Houses have a median rent of $680 while Units have a median rent of $650.
There are currently 72 properties listed for sale, and 51 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 715 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.