OFF MARKET

1405/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 89m2
Land area: 3446m2
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Property Details for 1405/20 Rakaia Way, Docklands

1405/20 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 3446m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2001
Floor Size
89m2
Land Size
3446m2
Local Government
Melbourne
Lot/Plan
1405/PS434030

Last Listing description (January 2021)

If youre considering a move to the waterfront and are searching for an urban residence rich in sleek contemporary style while also offering spectacular marina and city views, then this superior two bedroom, two bathroom harbourside FULLY FURNISHED apartment is the one for you. An entry hall makes way for the open and spacious lounge and dining hub, which steps out to the undercover balcony where breathtaking views of the marina and city can be enjoyed through all seasons. There is a second private balcony adjoining the generous master suite which also comes with a walk-in robe and dazzling ensuite. Back in the main living zone you can appreciate the tasteful kitchen boasting a breakfast bar and stainless steel appliances, while a second bedroom with built in robes sits not far from the central bathroom and separate European laundry. Additional features include reverse cycle heating and cooling, secure intercom, secure car space and access to a pool, spa, sauna, and gym. Positioned right near NewQuay Promenade restaurants, District Docklands Shopping Precinct, CBD attractions, trams, and Southern Cross Station

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Please note, resident access to any common facilities is at the discretion of the Owners Corporation or facility company managing these amenities. If building facilities are not available to residents (ex: due to COVID or capital improvements) this has no correlation to the rent paid or tenancy agreement.

Property History for 1405/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$632,000
18 Nov 2021
Listed for Rent
$500/w
06 Jan 2021
  • 18 Nov 2021
    Sold for $632,000
  • 11 Dec 2020
    Listed for Rent $500 / week
  • 21 Jun 2019
    Listed for Rent - Price not available
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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.