OFF MARKET

406/1 Marmion Place
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 61m2
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Property Details for 406/1 Marmion Pl, Docklands

406/1 Marmion Pl, Docklands is a 2 bedroom, 1 bathroom House and was built in 2013. The property has a floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
2013
Floor Size
61m2
Local Government
Melbourne
Lot/Plan
H406/PS641022

Last Listing description (November 2019)

Offering an outstanding opportunity for the astute investor with a lease in place until 2022 with CPI increases underpinning the investment potential and returns perfect for a first up portfolio or buyer seeking a foothold in the property market with an eye for the future. This smart, light-filled fully furnished two bedroom apartment is superbly located in the The Sebel complex which captures the very essence of a New Quay lifestyle - taking full advantage of its enviable location and views to Victoria Harbour, the city skyline and beyond.

Generous living area opens to a balcony with panoramic views

Stone/Miele equipped kitchen
Two zoned bedrooms, one with balcony access
Sleek bathroom with laundry
R/C air conditioning
Docklands finest amenities
Video intercom entry
Secure undercover car parking (1)

Amenities

Secure video intercom entry, gymnasium, indoor lap pool and spa, tennis court, business centre, Yoga room and outdoor terrace and BBQ area; plus an exclusive library/lounge for relaxation, quiet reading or entertaining friends plus an audio visual room for residents use; basement car parking and close to dining and transport options including the free tram zone or Southern Cross station.

Location

Enjoy a walk-to lifestyle from the edge of New Quay with the ever improving features of the Docklands precinct including The District which features Hoyts Cinemas, Street hawker food outlets plus the soon to be opened fresh food complex The Market which will have butchers, delis, bakeries, coffee roasters, Woolworths supermarket and Dan Murphys. Other attractions include easy access to the Bourke Street precinct including Docklands Park and Sports arena, Capital City Trail, Marvel Stadium, leading Universities, trams (free City Circle line), Southern Cross Station plus the Skybus to Melbourne Airport.

Please contact Vicky Leong on 0452 486 860 to arrange an exclusive inspection

Property History for 406/1 Marmion Pl, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$485,000
16 Oct 2019
  • 16 Oct 2019
    Sold for $485,000
  • 14 Aug 2019
    Listed for Sale $450,000-$490,000
  • 24 May 2011
    Sold for $598,000

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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 15,618 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 92 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

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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.