OFF MARKET

605/39 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 85m2
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Property Details for 605/39 Caravel Lane, Docklands

605/39 Caravel Lane, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 85m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
2005
Floor Size
87m2
Land Size
85m2
Local Government
Melbourne
Lot/Plan
605/PS449343

Last Listing description (January 2018)

Perfect for an Astute Investor...
Located in the renowned 'Nolan' Tower in the New Quay precinct of Docklands is this fantastic 98sqm two bedroom apartment.
Features include:

- Full modern kitchen with quality appliances, and ample bench and cupboard space
- Generous living and dining area spilling out onto a very generous balcony
- Both spacious bedrooms include built in robes
- Main bedroom with a full ensuite
- Large entertainers balcony
- Sparkling central bathroom with separate shower and bathtub
- Cleverly concealed European laundry
- Secure car space on title
- current rent $560 per week, lease till November 2017
Situated in the FREE TRAM ZONE you can take advantage of all the public transport networks at your doorstep including Southern Cross Station, the CBD and close to RMIT and Melbourne University, you can easily enjoy the cafes, restaurants and shopping available in the vicinity!

Property History for 605/39 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$591,000
18 Nov 2017
Listed for Rent
$550/w
25 Oct 2016
  • 18 Nov 2017
    Sold for $591,000
  • 12 Oct 2016
    Listed for Rent $550 / week
  • 19 May 2016
    Listed for Sale $550,000 - $575,000
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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 15,820 properties. Over the last 5 years, Houses in Docklands have seen a 22.66% increase in median value, while Units have seen a -4.00% decrease. As at 31 July 2024:

  • The median value for Houses in Docklands is $2,406,077 while the median value for Units is $604,251.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 78 properties listed for sale, and 53 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 705 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.