1602/5 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
 
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1602/5 Caravel Lane
Docklands VIC 3008

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 114m2
Land area: 6777m2
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Last updated 19 Jan 2026
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Property Details for 1602/5 Caravel Lane, Docklands

1602/5 Caravel Lane, Docklands is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 6777m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2002
Floor Size
114m2
Land Size
6777m2
Local Government
Melbourne
Lot/Plan
E1602/PS438893

Last Listing description (July 2020)

Book now for your private inspection or video/facetime tour.

With an abundance of incredible highlights including a wonderful corner position, expansive living with stunning light and full views of the harbour, Port Phillip Bay, and iconic city skyline, this 3 bedroom, 2 bathroom, 2 car space apartment is undoubted Boyd Tower brilliance.


Corner position allows for views of the CBD, Marvel Stadium, Port Phillip Bay, and Melbourne Star Observation Wheel
128 sqm (approx.) of total indoor and outdoor space
Be awe-struck by the size, natural light, and views of the amazing central living and dining zone
Stylish kitchen will be a treat for home gourmands with sleek stone, pull-out cabinetry, and stainless steel Smeg and Bosch appliances
Generous balcony with all the stunning views
Oversized master bedroom comes with a WIR and pristine ensuite
All bedrooms enjoys views of Victoria Harbour and Port Phillip Bay
Luxurious central bathroom with separate powder room
European laundry
Reverse cycle heating and cooling
Secure video intercom
Two car spaces in a side by side format
Lock up storage cage next to car space

AMENITIES

Residents of Boyd Tower have access to a BBQ area, pool, gym, and function room.

LOCATION

Love being close to the upcoming Docklands Primary School and kindergarten, The District Docklands with Hoyts Cinemas, 8 Street hawker food outlets, Woolworths supermarket, Dan Murphys, and the Market Lane fresh food precinct with butchers, delis, bakeries, and coffee roasters. CBD attractions, Capital City Trail, harbourside restaurants, Marvel Stadium, nearby trams including the free City Circle line, Southern Cross Station, and the airport Skybus. The Victoria Harbour precinct is also close by and easily accessed by foot.

Please contact Thomas Tregonning on 0413 317 304 or Lynn Lum on 0474 044 293 to arrange an exclusive inspection.

Would you like to arrange a virtual tour of this property? Let our agents know and wed be happy to oblige!

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Property History for 1602/5 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$980,000
09 Sep 2021
Listed for Rent
19 Jun 2020
  • 09 Sep 2021
    Sold for $980,000
  • 11 Jun 2020
    Listed for Rent - Price not available
  • 24 Mar 2020
    Listed for Sale $1,000,000 - $1,075,000
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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 17,772 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 64 properties listed for sale, and 42 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 732 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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