103/5 Caravel Lane, Docklands, VIC 3008 sold on 05 February 2025 | OnTheHouse
 
SOLD
Sold on 05 Feb 2025 for $10,000

103/5 Caravel Lane
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 6777m2
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Property Details for 103/5 Caravel Lane, Docklands

103/5 Caravel Lane, Docklands is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 6777m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 1 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
2002
Land Size
6777m2
Local Government
Melbourne
Lot/Plan
E103/PS438893

Last Listing description (April 2025)

Located in the coveted Boyd residential complex, this oversized 1-bedroom apartment offers a unique combination of space, style, and serenity. With lush green views, ultimate privacy, and thoughtful design, this is a standout opportunity for both homeowners and investors.

The open-plan living and dining area seamlessly extends to a private treelined balcony, creating a tranquil retreat from the bustle of city life. The spacious bedroom, complete with built-in robes and a study nook, ensures comfort and versatility. Additionally, the living area includes a proper large workspace, ideal for professionals or creatives working from home.

The sleek island kitchen is a true centerpiece, featuring premium stainless-steel appliances, an inviting breakfast bar, and ample storage. Perfect for hosting or casual dining, it combines practicality with modern elegance. Adding to the convenience, a rare dustproof storage cage is located on the same level as the apartment, alongside a secure car park.

Positioned on the first floor for easy access, this apartment is at the heart of the vibrant NewQuay precinct. Residents enjoy exclusive amenities, including a swimming pool, gym, communal gardens, BBQ facilities, and a function room. The complex also provides secure entry and onsite management, ensuring peace of mind.

With its unbeatable location in the free tram zone, the apartment is moments away from Southern Cross Station, major freeways, and Docklands' best attractions. Nearby are Docklands Primary School, District Docklands shopping, Hoyts cinemas, and Market Lane Food Hall. Whether it's a leisurely waterfront stroll, recreation at Ron Barassi SNR Park, or dining and entertainment in the CBD, this property delivers the best of urban living.

Offering an exceptional layout, modern features, and unparalleled convenience, this is your chance to secure one of Docklands' most desirable oversized 1-bedroom apartments.

Don't miss out on this rare gem and contact Benjamin Cheah or Alice Geddes to arrange your next inspection.

Please note that any reference to internal or external floor size or m? area has been provided by a third party. Prospective buyers are strongly advised to undertake their own due diligence before making any property purchase.

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Property History for 103/5 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$10,000
05 Feb 2025
Listed for Rent
$420/w
19 Jun 2015
  • 05 Feb 2025
    Sold for $10,000
  • 22 Jan 2025
    Listed for Sale $400,000-$440,000
  • 25 May 2021
    Listed for Rent $345 / 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 2016 was 10964 people. By 2021 the population was 15495 showing a population growth of 41.3% in the area during that time. The predominant age group in Docklands is 30-39 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 2021, 30.30% of the homes in Docklands were owner-occupied compared with 34.50% in 2016.

Docklands has 17,770 properties. Over the last 5 years, Houses in Docklands have seen a 31.62% increase in median value, while Units have seen a 2.45% increase. As at 30 November 2025:

  • The median value for Houses in Docklands is $2,393,778 while the median value for Units is $598,512.
  • Houses have a median rent of $680 while Units have a median rent of $690.
There are currently 70 properties listed for sale, and 41 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 742 properties were sold in the past 12 months in Docklands.

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