114/20 Rakaia Way, Docklands, VIC 3008 | Property Value & History | OnTheHouse
 
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114/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 3175m2
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Property Details for 114/20 Rakaia Way, Docklands

114/20 Rakaia Way, Docklands is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 3175m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
Unit
Year Built
2001
Floor Size
53m2
Land Size
3175m2
Local Government
Melbourne
Lot/Plan
114/PS434030

Last Listing description (March 2022)

This updated one bedroom apartment makes for the perfect home retreat. Freshly painted throughout and featuring timber flooring throughout perfect for low maintenance living, enjoy a smart floor plan maximising a quiet exclusive position in The Arkley. The central living area boasts space aplenty, brand new split system heating and cooling, extra high ceilings and your own private balcony, a comprehensively appointed kitchen with European stainless steel appliances, contemporary fully renovated bright bathroom incorporating laundry, huge master bedroom with built in robes, convenient car space on the same level, building gymnasium and swimming pool. Quietly positioned with independent access from the main lobby enjoy convenience and exclusivity in a location by the waterfront putting District Docklands, Marvel Stadium, restaurants, shopping and the free tram zone connecting all of Melbourne's CBD right at your doorstep.

Property History for 114/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$355,000
30 Jan 2014
Listed for Rent
$400/w
09 Mar 2022
  • 23 Feb 2022
    Listed for Rent $400 / week
  • 18 Jun 2019
    Listed for Rent - Price not available
  • 30 Jan 2014
    Sold for $355,000
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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 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 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 65 properties listed for sale, and 37 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 739 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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