707/20 Rakaia WayDocklands VIC 3008
Property Details for 707/20 Rakaia Way, Docklands
707/20 Rakaia Way, Docklands is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2001. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in December 2017.
Last Listing description (February 2018)
The lifestyle that you will experience while residing on the 7th floor of one of New Quay's most keenly sought after complexes, The Arkley is second to none. A sea of lights extending to the horizon, Melbourne's Star Observation Wheel and the shimmering Marina create a fairytale-like background to the beautifully bright 2-bedroom, 1-bathroom apartment's interior.
A balcony flowing off the living and dining room expands the space for relaxing and entertaining outdoors. Open-planned to the living room is a chic kitchen. Each of the bedrooms is fitted with built-in robes while a second balcony leads off the main bedroom. A powder room sits opposite the bathroom, which is appointed with a bath and separate shower. Completing the features are 2 car spaces and a European laundry.
Leisure facilities include a pool, golf net, function room and gym. The location is like no other with transport and dining-out venues at the door and the CBD within walking distance.
Property History for 707/20 Rakaia Way, Docklands, VIC 3008
- 29 Dec 2017Sold for $577,000
- 06 Nov 2017Listed for Sale $565,000 - $595,000
- 20 Mar 2015Listed for Sale $540,000 - $595,000
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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 15,620 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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