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Sold on 15 Jul 2024 for $1,285,000

1601/39 Caravel Lane
Docklands VIC 3008

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 139m2
Land area: 155m2
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Lucas - Melbourne & Docklands
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Property Details for 1601/39 Caravel Lane, Docklands

1601/39 Caravel Lane, Docklands is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 155m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
139m2
Land Size
155m2
Local Government
Melbourne
Lot/Plan
1601/PS449343

Last Listing description (October 2021)

Boasting 143 sqm (approx.) of amazing space, uninterrupted views of picturesque Victoria Harbour and iconic CBD, located in one of NewQuay precinct's most exclusive buildings, this three-bedroom, two-bathroom, two-car space apartment is a standout and will more than satisfy your modern living needs.

Nolan Tower is highly sought-after building sleek and spacious living
Balcony is where you experience unforgettable views of the water, CBD, Port Phillip Bay, Marvel Stadium, and Southbank. You also enjoy brilliant sunsets to the west!

Generous living space boasts floor-to-ceiling windows which frame the magnificent views
Central living accommodates lounge and dining areas, with additional glassed-in corner retreat beside the balcony
Elegant stone kitchen delivers an island bench, integrated fridge space, and stainless steel Smeg appliances
Master bedroom provides balcony access, generous walk-in robe, and designer ensuite
Other bedrooms with BIRs both access a second balcony with eastern city views
Stylish central bathroom
Separate laundry room
Ducted heating and cooling
Secure intercom entry
Storage cage
Two secure undercover car space

AMENITIES
The Nolan complex offers residents access to a pool, gym, and entertaining area.

LOCATION
In the NewQuay precinct near The District Docklands which features Hoyts Cinemas, 8 Street hawker food outlets, Woolworths supermarket, Dan Murphy's, and the 'Market Lane' fresh food precinct with butchers, delis, bakeries, and coffee roasters, Capital City Trail, harbourside restaurants, Docklands Primary School and kindergarten, Marvel Stadium, nearby trams including the free City Circle line, Southern Cross Station, and the airport Skybus. The Victoria Harbour precinct is also close by and easily accessed by foot.

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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.*

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Property History for 1601/39 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$1,285,000
15 Jul 2024
Listed for Rent
$800/w
14 Oct 2021
  • 15 Jul 2024
    Sold for $1,285,000
  • 01 Oct 2021
    Listed for Rent $800 / week
  • 10 Jul 2021
    Sold for $1,210,000
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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.

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