104/5 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
 
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104/5 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 6777m2
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Property Details for 104/5 Caravel Lane, Docklands

104/5 Caravel Lane, Docklands is a 2 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 September 2023.

Building Type
Unit
Year Built
2002
Land Size
6777m2
Local Government
Melbourne
Lot/Plan
E104/PS438893

Last Listing description (December 2023)

Canopy overlook at Caravel Lane!

Introducing a Gem in Urban Living: Your Dream 2 Bedroom Unit with Car Space and Breathtaking Tree Canopy View! Perfectly fit for an owner occupier or the savvy investor where we are estimating an impressive 6% return with this unit.

Location, Location, Location:

Nestled in the vibrant heart of NewQuay, Docklands, this remarkable 2 bedroom unit offers more than just a home; it presents a lifestyle like no other. Immerse yourself in the dynamic energy of the city while enjoying the serenity of a lush tree canopy view right from your own window, with the inciredible Victoria Harbour a stone's throw away.

Modern Elegance Meets Comfort:
Step into an oasis of contemporary design and comfort. The spacious layout is adorned with elegant finishes, creating an ambiance that's as inviting as it is sophisticated. Natural light pours in through large windows, illuminating every corner of your new haven.

Don't wait inspect the unit soon before we go to auction!

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Property History for 104/5 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$505,200
13 Sep 2023
Listed for Rent
$420/w
14 Jul 2022
  • 13 Sep 2023
    Sold for $505,200
  • 29 Aug 2023
    Listed for Sale $460,000 to $490,000
  • 14 Jul 2022
    Listed for Rent $420 / 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 17,769 properties. Over the last 5 years, Houses in Docklands have seen a 27.37% increase in median value, while Units have seen a 1.48% increase. As at 31 January 2026:

  • The median value for Houses in Docklands is $2,396,424 while the median value for Units is $588,363.
  • Houses have a median rent of $685 while Units have a median rent of $700.
There are currently 64 properties listed for sale, and 42 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 752 properties were sold in the past 12 months in Docklands.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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