1608/5 Caravel Lane, Docklands, VIC 3008 sold on 16 March 2026 | OnTheHouse
SOLD
Sold on 16 Mar 2026 for $595,000

1608/5 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1608/5 Caravel Lane, Docklands

1608/5 Caravel Lane, Docklands is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
2002
Local Government
Melbourne
Lot/Plan
E1608/PS438893

Last Listing description (March 2022)

Beautiful Marina & Bay Views!

Situated in the heart of Docklands at NewQuay, this lovely apartment offers two bedrooms with the master including a small private balcony , central bathroom with shower over bath, hideaway laundry, well appointed kitchen with gas cooktop and electric oven, meals area opening out to the lounge room with balcony overlooking the marina and bay. Includes built in robes and beautiful water views from the master bedroom, air conditioning, intercom security system and one secure car space.

Residents will also have access to the buildings facilities which includes a pool, gym and garden.

This faultless apartment is your doorway to an unparalleled lifestyle in the heart of the Docklands, with NewQuay's finest restaurants, bars and cafes, along with Waterfront City, The District Docklands, Woolworth complex, Marvel Stadium and city transport.

Book your inspection today!

Property History for 1608/5 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$595,000
16 Mar 2026
  • 28 Feb 2022
    Listed for Rent $450 per week
  • 20 May 2020
    Listed for Rent $450 per week
  • 22 Oct 2013
    Listed for Rent $495 PER WEEK
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About Docklands 3008

The size of Docklands is approximately 2.8 square kilometres. There are 12 parks, covering nearly 5.3% of the 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 18,977 properties. Over the last 5 years, Houses in Docklands have seen a 30.59% increase in median value, while Units have seen a -3.21% decrease. As at 31 May 2026:

  • The median value for Houses in Docklands is $2,680,088 while the median value for Units is $582,469.
  • Houses have a median rent of $725 while Units have a median rent of $700.
There are currently 78 properties listed for sale, and 29 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 766 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.