57 Merchant StreetDocklands VIC 3008
Property Details for 57 Merchant St, Docklands
Last Listing description (September 2023)
A fantastic retail and office space in Docklands located less than 10 minutes away from Southern Cross Station, with quick access to the Melbourne CBD and Collins St tram network.
Neighbouring The District Docklands Shopping Centre and Melbourne Star and surrounded by a number of quality national tenants such as Woolworths, Hoyts, H&M and Costco
Easy main road access and nearby apartment complexes, restaurants and position in a catchment area drive further exposure and passing foot traffic, offering a great opportunity for growth.
In close proximity to some of Melbourne's popular attractions and venues including Marvel Stadium, South Wharf DFO, the Melbourne Convention and Exhibition Centre (MCEC).
Property History for 57 Merchant St, Docklands, VIC 3008
- 09 Mar 2024Sold for $882,800
- 07 Sep 2023Listed for Sale Contact agent for inspection
- 31 May 2023Listed for Sale Contact agent for inspection
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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.
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