OFF MARKET

1507/5 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
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Property Details for 1507/5 Caravel Lane, Docklands

1507/5 Caravel Lane, Docklands is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2002. The property has a floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in April 2002.

Building Type
House
Year Built
2002
Floor Size
73m2
Local Government
Melbourne
Lot/Plan
E1507/PS438893

Last Listing description (July 2024)

NEWLY RENOVATED

This apartment Features:

- Open Plan living & dining room with floor to ceiling windows and floorboards, offering plenty of natural light and incredible beautiful views of the harbour

- Private balcony off living with ample space for entertaining.
- Spacious kitchen with space for concealed fridge, gas stovetop, oven & dishwasher; Caesarstone benchtops with additional island bench and plenty of functional storage including the space for microwave.
- Two bedrooms both with built in robes, one with access to balcony where the other opens to dining area, perfect for a spare room or study. - Central bathroom with walk in shower, featuring rain showerhead as an added luxury along with bathtub.
Additional Features include:
- Glazed windows with mirror exterior for added privacy
- 1 Secure Carpark
- Tiled kitchen and wooden flooring brand new in living area, in bedrooms
- Split System Heating and cooling
- Secure swipe entry and intercom access for added security.

*Please note this building has an embedded network for one or more utility supplies.
For further information please speak to your Property Consultant.

Property History for 1507/5 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$390,000
12 Apr 2002
Listed for Rent
$650/w
04 Mar 2023
  • 03 Apr 2024
    Listed for Rent $720 / week
  • 15 Feb 2023
    Listed for Rent $650 / week
  • 09 Nov 2021
    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 15,621 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 86 properties listed for sale, and 51 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 683 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.