116/20 Rakaia Way, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

116/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 116/20 Rakaia Way, Docklands

116/20 Rakaia Way, Docklands is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. While the property is not currently for sale or for rent, it was last sold in July 2012.

Building Type
Unit
Year Built
2001
Local Government
Melbourne
Lot/Plan
116/PS434030

Last Listing description (November 2023)

Spacious One bedroom in NewQuay with new flooring

This unique one-bedroom apartment sits in the exclusive low rise section of The Arkley, with private access from the lobby and the convenience of a car space on the same level.

-Generous open plan living
- Modern kitchen with ample storage

- Large master bedroom with full built in robes
- Updated central bathroom
- Private balcony
- Exclusive resident access to the heated outdoor pool, spa, gymnasium, common outdoor area

The Arkley sits in an enviable location on Melbourne's waterfront with shopping and dining at your doorstep, whilst the free tram network brings the heart of the CBD to you within just minutes.

Property History for 116/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$365,000
17 Jul 2012
  • 01 Nov 2023
    Listed for Rent $500 per week
  • 27 Jun 2022
    Listed for Rent $400 per week
  • 04 Nov 2020
    Listed for Rent $350 per 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 18,966 properties. Over the last 5 years, Houses in Docklands have seen a 35.90% increase in median value, while Units have seen a -0.52% decrease. As at 30 April 2026:

  • The median value for Houses in Docklands is $2,724,617 while the median value for Units is $597,421.
  • Houses have a median rent of $730 while Units have a median rent of $700.
There are currently 65 properties listed for sale, and 27 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 770 properties were sold in the past 12 months in Docklands.

Suburb Insights for Docklands 3008

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Cotality Copyright and Legal Disclaimers about Property Data
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.