SOLD
Sold on 16 Feb 2024 for $615,500

808/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 3444m2
Sold By
Barry Plant Docklands & Yarra's Edge
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Property Details for 808/20 Rakaia Way, Docklands

808/20 Rakaia Way, Docklands is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2006. The property has a land size of 3444m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Docklands in the last 12 months.

Building Type
House
Year Built
2006
Floor Size
80m2
Land Size
3444m2
Local Government
Melbourne
Lot/Plan
808/PS434030

Last Listing description (August 2024)

Discover the best of both worlds with Arkley, where inner-city vibrancy and waterfront serenity converge in the heart of Docklands. Whether you're drawn to the allure of urban living or the tranquillity of waterside vistas, Docklands has it all.

Nestled within the coveted 'Arkley' tower in the New Quay precinct, this two-bedroom apartment offers an ideal haven for families or savvy investors seeking captivating water views.

The lounge, dining, and kitchen areas seamlessly connect to a balcony with a glass balustrade, showcasing the epitome of comfortable living.

The kitchen with a peninsula bench and integrated stainless-steel appliances includes a 4-burner gas stove top, electric oven and dish washing machine. Plenty of above and below bench storage is presented.

Both bedrooms have built in robes, the main with a private balcony share the central bathroom with bathtub and shower. There also is a separate powder room and European laundry.

Features include:

- Split system air conditioner
- In room Storage cage
- Car park on title

Complex features:

- Onsite manager
- Security intercom access
- Secured garage access
- Swimming pool, gymnasium, Golf net and communal garden area

Right near to The District Docklands Shopping, Hoyts cinemas, Market Lane Food Hall.

Close by to Docklands Primary School and a short stroll down to Ron Barassi SNR park for your recreational needs.

Transportation is a breeze, Free tram zoned and a short walk to Southern Cross station

Experience firsthand why residents proudly declare Docklands as their home-where security, shopping, and a vibrant lifestyle converge for your enjoyment.

Property History for 808/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$615,500
16 Feb 2024
Listed for Rent
$560/w
07 Oct 2022
  • 16 Feb 2024
    Sold for $615,500
  • 29 Nov 2023
    Listed for Sale Not Disclosed
  • 21 Sep 2022
    Listed for Rent $560 / week
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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 15,617 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 86 properties listed for sale, and 50 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 684 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.