SOLD
Sold on 25 Jul 2024 for $919,000

2005/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 108m2
Land area: 3444m2
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Property Details for 2005/20 Rakaia Way, Docklands

2005/20 Rakaia Way, Docklands is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 3444m2 and floor size of 108m2. 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
2001
Floor Size
108m2
Land Size
3444m2
Local Government
Melbourne
Lot/Plan
2005/PS434030

Last Listing description (August 2024)

Opening out to a balcony that soaks in sweeping harbour views and glorious afternoon sun, this gleaming three-bedroom, two-bathroom apartment is situated in the Arkley Complex, whose prime waterside position delivers exceptional Docklands living.

Open living space fills with natural light
Private covered balcony offers panoramic views of Victoria Harbour

Pristine kitchen features ample cupboards, stainless steel appliances, central island bench with breakfast bar
Primary bedroom adjoins a WIR and immaculate ensuite
Two subsequent bedrooms offer BIR and home office potential
Beautifully-tiled bathroom offers bath, unique rounded shower
Separate powder room
Separate laundry room
Secure intercom entry
Two secure carspaces
Storage cage

PROPERTY SIZE
Internal 108sqm
External 6sqm
Total Size 114sqm

AMENITIES
Arkley Complex residents receive exclusive access to a host of incredible amenities, including a heated outdoor swimming pool and spa, a fully equipped gymnasium, an outdoor entertaining area, and a golf practice net.

LOCATION
Near The District Docklands which features Hoyts Cinemas, Woolworths supermarket, Dan Murphys, Chemist Warehouse, and a wide range of specialty shops & restaurants. Youre also close to Capital City Trail, Docklands Primary School and kindergarten, Marvel Stadium, leading universities, trams including the free City Circle line, Southern Cross Station, and a short walk to the Port Phillip Ferries.

Please contact Lynn Lum on 0474 044 293 or Mia Chen on 0413 096 455 to discuss this property further.

Property History for 2005/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$919,000
25 Jul 2024
Listed for Rent
$700/w
26 Jun 2014
  • 25 Jul 2024
    Sold for $919,000
  • 24 Apr 2024
    Listed for Sale $900,000
  • 08 Jan 2014
    Listed for Rent $700 / 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 15,616 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 52 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 678 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.