SOLD
Sold on 18 Oct 2023 for $530,000

1407/50 Lorimer Street
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 3323m2
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Property Details for 1407/50 Lorimer St, Docklands

1407/50 Lorimer St, Docklands is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 3323m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
66m2
Land Size
3323m2
Local Government
Melbourne
Lot/Plan
61/PS428541

Last Listing description (January 2022)

This property is open for inspection. In accordance with Victorian Government requirements, only fully vaccinated people will be able to attend the open for inspection and will be required to sign in via the Service VIC QR code.
We advise our team are fully vaccinated in accordance with Victorian Government requirements
Should you be unvaccinated, please contact us to organise your private inspection.

We appreciate your co-operation and thank you for your assistance.

Experience a lifestyle like no other with this stunning light filled apartment at the head of the Yarra's Edge precinct.

Apartment features;
Full length entertainers balcony
Light-filled living/meals with timber flooring
Integrated fridge/ freezer
Stone kitchen with s/steel appliances
Corner bedroom with further spectacular views and balcony access
Stylish bathroom
Separate laundry
Ducted heating and cooling
Security/ intercom entrance
Secure parking space

Residents may also enjoy access to Mirvac's state-of-the-art 'RekDek' sporting facilities comprising of an indoor pool, sauna, spa, steam room and gym.

Perfectly positioned with an elite waterfront address, Tower 1 offers easy access to fantastic shopping, restaurants, bars and cafes at South Wharf DFO whilst providing easy access to Melbourne's CBD and major FWY's.

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 1407/50 Lorimer St, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$530,000
18 Oct 2023
Listed for Rent
$450/w
16 Nov 2021
  • 18 Oct 2023
    Sold for $530,000
  • 16 Nov 2021
    Listed for Rent $450 / week
  • 16 Nov 2020
    Listed for Rent $430 / 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 15,820 properties. Over the last 5 years, Houses in Docklands have seen a 22.66% increase in median value, while Units have seen a -4.00% decrease. As at 31 July 2024:

  • The median value for Houses in Docklands is $2,406,077 while the median value for Units is $604,251.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 78 properties listed for sale, and 53 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 705 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.