OFF MARKET

501A/16 Pearl River Road
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 67m2
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Last updated 11 Nov 2024
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Property Details for 501a/16 Pearl River Rd, Docklands

501a/16 Pearl River Rd, Docklands is a 2 bedroom, 1 bathroom Unit and was built in 2018. The property has a floor size of 67m2.

Building Type
Unit
Year Built
2018
Floor Size
67m2
Local Government
Melbourne

Last Listing description (October 2022)

Get ready to transform yourself with this ultimate waterfront lifestyle living at the stunning Marina Tower complex, right in the heart of NewQuay in Docklands.

This 2 bedroom, 1 bathroom apartment that overlooks the brilliant Bolte Bridge and sits on the fifth floor showcases a modern chic apartment that's perfect for a young professional/ young couple. What more could you want, being right on the NewQuay Promenade and a stone away's throw from the District Docklands shopping centre!

From beaming natural lighting that allows for gorgeous views and precise attention to detail in every room, this hidden gem has so many reasons to fall in love with it. The bright and open living and dining spaces with beautiful westerly harbour views is just the beginning to its glory.

Kitchen lovers will adore the stainless-steel appliances that come integrated. The bedrooms have double mirrored robes that are perfect for any stylish closet. You also get to enjoy a European laundry, split system heating and cooling, an advanced intercom, secure car space that's exceptionally on the same level as your apartment so yes there is also parking right at your doorstep! Convenience is key to this apartment, and it's why it won't last long.

Marina Tower residents have access to a lobby lounge, library, private business centre, meeting rooms, cinema, lounge and billiard room, kitchen and dining area, rooftop pool, gym, and expansive deck, while you're in close proximity to restaurants including Docklands Pizzeria, Steakhouse Grill 66, and Oscars Table just to name a few, The District Docklands, Marvel Stadium, Ron Barassi Snr Park, Capital City Trail, and trams within walking distance.

Property History for 501a/16 Pearl River Rd, Docklands, VIC 3008

A timeline of how this property has performed in the market
  • 03 Feb 2022
    Listed for Sale $560,000-$600,000
  • 11 Sep 2018
    Listed for Sale $608,000

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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 15,612 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 91 properties listed for sale, and 51 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 674 properties were sold in the past 12 months in Docklands.

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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.