1503/39 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
 
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1503/39 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 89m2
Land area: 3920m2
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Property Details for 1503/39 Caravel Lane, Docklands

1503/39 Caravel Lane, Docklands is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 3920m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
2003
Floor Size
89m2
Land Size
3920m2
Local Government
Melbourne
Lot/Plan
1503A/PS449343

Last Listing description (January 2017)

This impressive tower apartment has the best floor plan in the building and is situated on level 15 of the popular Nolan complex. Representing the ultimate in modern high-rise living, it is complemented by resort type amenities including heated pool, fully equipped gym & common room, this apartment offers a rare opportunity to move in and enjoy premium level living in New Quay, Docklands, with the CBD, public transport, shopping, cafes and bars at your door step.
The apartment features two spacious bedrooms: the master with WIR, en-suite and private balcony. The second with large BIRs and access to the main wraparound balcony with unrestricted views over New Quay Marina and the City.
There is a central second bathroom with shower, spacious open plan living/dining area adjoining the gourmet kitchen with prestige black stone bench tops, quality Smeg s/steel appliances and ample storage. Other fantastic features include ducted heating & cooling, 2 secure side by side car spaces, laundry room, storage cage, security intercom, wired internet and cable TV connections.

Property History for 1503/39 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$720,000
20 Nov 2015
Listed for Rent
$580/w
29 Jul 2009
  • 20 Nov 2015
    Sold for $720,000
  • 23 Oct 2015
    Listed for Sale $695,000 - $735,000
  • 31 Aug 2014
    Listed for Sale $749,000 NEGOTIABLE
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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 61.78% increase in median value, while Units have seen a 2.42% increase. As at 31 December 2025:

  • The median value for Houses in Docklands is $2,226,009 while the median value for Units is $594,566.
  • Houses have a median rent of $680 while Units have a median rent of $700.
There are currently 67 properties listed for sale, and 41 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 745 properties were sold in the past 12 months in Docklands.

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© 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
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