OFF MARKET

206/29 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 206/29 Rakaia Way, Docklands

206/29 Rakaia Way, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2004
Floor Size
90m2
Local Government
Melbourne
Lot/Plan
206/PS449343

Last Listing description (October 2023)

From its humble beginnings as one of Victorias first ports, Docklands today has been transformed into a buzzing modern residential & commercial metropolis in Melbourne's heart on the CBD's fringe.

On the mezzanine level of the Nolan building is this bright, spacious executive apartment with 2 bedrooms 2 bathrooms & 2 Balconies. It boasts great views and a spacious open-plan living area, and a generous master bedroom, including a study nook, walking robe and ensuite. There is also a good-sized 2nd bedroom with BIR, separate laundry, tiled bathroom and basement car park. The property has neutral decor and is in great condition. This property would be an excellent addition to your portfolio for personal use or investment.

To inspect by appointment, contact: Scott Banks.

Property History for 206/29 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$725,000
02 Aug 2023
  • 02 Aug 2023
    Sold for $725,000
  • 19 Jul 2023
    Listed for Sale Not Disclosed
  • 08 Oct 2012
    Sold for $630,000
Sign in to see more transactions

Commute Calculator

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 15,618 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 89 properties listed for sale, and 50 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 681 properties were sold in the past 12 months in Docklands.

Suburb Insights for Docklands 3008

Market Insights
Docklands Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Docklands Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.