OFF MARKET

1903/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 3
Floor area: 93m2
Land area: 3444m2
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Property Details for 1903/20 Rakaia Way, Docklands

1903/20 Rakaia Way, Docklands is a 2 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2001. The property has a land size of 3444m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2001
Floor Size
93m2
Land Size
3444m2
Local Government
Melbourne
Lot/Plan
1903/PS434030

Last Listing description (September 2021)

With 103 sqm (approx.) of space and uninterrupted views of Victoria Harbour, Marvel Stadium and the city skyline, this 2 bedroom, 2 bathroom apartment in The Arkley is a NewQuay precinct superstar. Enjoy excellent natural light throughout the sizeable living and dining zone which has direct access to the covered balcony with stunning views. The gourmet kitchen is fit with breakfast bar, stainless steel appliances and ample storage. The spacious master bedroom has the benefit of a walk-in robe, study area, stylish ensuite, and access to a second balcony with views. The central bathroom including bath is positioned adjacent to the second bedroom which include built in robes. Added features of this brilliant home include European laundry, ducted heating and cooling, secure intercom access and two car spaces (tandem).

Arkley residents can enjoy access to a swimming pool, spa, golf practice net, and gym.

Situated right in the heart of the NewQuay precinct where there is so much to enjoy - with its brilliant access to the vibrant food and entertainment hub that is The District Docklands. Including the Hoyts Cinema, Woolworths supermarket, Dan Murphy's plus a wonderful array of waterside restaurants to dine in at night or the weekend, Marvel Stadium for footy fans or the Capital City Bike Trail. Accessibility to the rest of Melbourne's inner-city amenities and transport hub is taken care of thanks to nearby trams and Southern Cross Station.

*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 1903/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$694,000
19 Oct 2023
Listed for Rent
$580/w
16 Sep 2021
  • 19 Oct 2023
    Sold for $694,000
  • 16 Sep 2021
    Listed for Rent $580 / week
  • 17 Apr 2021
    Sold for $650,000
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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 15,630 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, 691 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.