1609/39 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
 
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1609/39 Caravel Lane
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 3920m2
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Last updated 26 Jan 2026
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Property Details for 1609/39 Caravel Lane, Docklands

1609/39 Caravel Lane, Docklands is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 3920m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in December 2014.

Building Type
Unit
Year Built
2003
Floor Size
52m2
Land Size
3920m2
Local Government
Melbourne
Lot/Plan
1609/PS449343

Last Listing description (August 2025)

This is a spacious one-bedroom apartment facing north with a dedicated carpark and a generously sized balcony for entertaining. Situated on the 16th floor of The Nolan, an upscale tower in the sought-after New Quay area of Docklands, this residence offers a comfortable and well-lit living space.

Filled with views across Docklands Studios to the docks and Port Phillip Bay beyond, the double-glazed full-width balcony flows inside to a stunning open-plan living, dining and stone kitchen boasting stainless steel splashbacks and Omega appliances.

Appreciate the balcony and relaxing view from the bedroom with built-in robes, accompanied by a sparkling stone bathroom and separate laundry.

Stay in to enjoy the premium onsite facilities including a heated lap pool with views, gym, residents' lounge and gardens. Alternatively, head out to the many acclaimed restaurants, outstanding entertainment options, Harbour Town shopping, Etihad Stadium and quick access to the CBD via the tram.

A high-performing investment for your portfolio or an exciting new home.

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Property History for 1609/39 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$381,000
17 Dec 2014
Listed for Rent
$395/w
29 Apr 2011
  • 28 Jul 2025
    Listed for Sale SALE ON HOLD
  • 22 Apr 2025
    Listed for Rent $550 / week
  • 15 Mar 2024
    Listed for Rent $550 / 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 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 43 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 744 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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