OFF MARKET

1902/5 Caravel Lane
Docklands VIC 3008

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 114m2
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Property Details for 1902/5 Caravel Lane, Docklands

1902/5 Caravel Lane, Docklands is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2002
Floor Size
114m2
Local Government
Melbourne
Lot/Plan
E1902/PS438893

Last Listing description (September 2023)

Be in awe of the magnificent harbour and bay views from this apartment.
A superb opportunity to secure a 3 bedroom bay facing apartment in the complex.

This three bedroom apartment, located in the fantastic 'Boyd' tower, provides an ideal residence for a family looking for a City Fringe abode. The spacious lounge and dining area adjoin the full length glass balustrade balcony showcasing a Panaromic view of the city, skyline the marina and the Docklands surrounds.

Large kitchen with stone bench top and integrated stainless steel appliances incorporating a gas stovetop is perfect for the budding chef. Large main bedroom features a walk in robe and an ensuite. The second bedroom with built in robes and the 3rd bedroom share the stylish central bathroom and powder room. Ducted heating and cooling system unit makes the temperature control a breeze.

Recreational facilities include pool, spa, gymnasium, communal BBQ area and function room.

Security entrance and onsite manager. Two side by secure car spaces and one internal storage cage on a separate title.

Free Tram zoned and near Southern Cross station. Great freeway access in and out. Superb shopping, Hoyts cinemas and eateries in close proximity. Woolworths, Dan Murphy's and the Market Lane Food Hall adds to the sheer convenience. The newly established Docklands Primary School is a big plus

Newquay, the Place of Two Worlds, where one can enjoy the benefits of inner city and waterfront living.

Easy travel to the CBD and the surrounding suburbs

Property History for 1902/5 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$1,005,000
02 Mar 2023
Listed for Rent
$850/w
09 Mar 2011
  • 03 Aug 2023
    Listed for Sale $1,050,000 to $1,090,000
  • 09 Jun 2023
    Listed for Sale Not Disclosed
  • 02 Mar 2023
    Sold for $1,005,000
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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 15,613 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 90 properties listed for sale, and 53 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 676 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.