OFF MARKET

1409/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
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Property Details for 1409/20 Rakaia Way, Docklands

1409/20 Rakaia Way, Docklands is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2001
Floor Size
51m2
Local Government
Melbourne
Lot/Plan
1409/PS434030

Last Listing description (February 2022)

Located in the sophisticated and highly sought after Arkley Building, perched on the 14th level this apartment is perfect for those seeking style and space in Docklands. With the Harbour and Marina as a focal point. Adding to its appeal, at your doorstep you'll find variety of shops, cafes and restaurants, tram stop, Southern Cross Station and Marvel Stadium. With the open-plan living and dining room flowing to a full-length balcony, the apartment offers spacious bedroom with BIR and walk through to central spacious bathroom with bathtub. The kitchen is offset with sleek cabinetry and stainless-steel appliances including dishwasher. Added features of this wonderful home include secure car space, european laundry, reverse-cycle heating and cooling as well as a selection of amenities for Arkley residents exclusive use, including pool, spa, gym, communal courtyard and meeting room.

In the NewQuay precinct near The District Docklands which features Hoyts Cinemas, food outlets, Woolworths supermarket, Dan Murphy's, and the Market Lane fresh food precinct with butchers, delis, bakeries, coffee roasters and waterside restaurants, harbourside restaurants, Marvel Stadium, free tram zone and Southern Cross Station.

Property History for 1409/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$430,000
30 Aug 2023
Listed for Rent
$400/w
03 Feb 2022
  • 30 Aug 2023
    Sold for $430,000
  • 20 Jan 2022
    Listed for Rent $400 / week
  • 20 Nov 2020
    Listed for Rent $360 / 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 15,630 properties. Over the last 5 years, Houses in Docklands have seen a -26.83% decrease in median value, while Units have seen a -4.78% decrease. As at 30 September 2024:

  • The median value for Houses in Docklands is $1,750,400 while the median value for Units is $604,426.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 687 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.