206/29 Rakaia WayDocklands VIC 3008
Property Details for 206/29 Rakaia Way, Docklands
206/29 Rakaia Way, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 3920m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2023)
From its humble beginnings as one of Victorias first ports, Docklands today has been transformed into a buzzing modern residential & commercial metropolis in Melbourne's heart on the CBD's fringe.
On the mezzanine level of the Nolan building is this bright, spacious executive apartment with 2 bedrooms 2 bathrooms & 2 Balconies. It boasts great views and a spacious open-plan living area, and a generous master bedroom, including a study nook, walking robe and ensuite. There is also a good-sized 2nd bedroom with BIR, separate laundry, tiled bathroom and basement car park. The property has neutral decor and is in great condition. This property would be an excellent addition to your portfolio for personal use or investment.
To inspect by appointment, contact: Scott Banks.
Property History for 206/29 Rakaia Way, Docklands, VIC 3008
- 02 Aug 2023Sold for $725,000
- 19 Jul 2023Listed for Sale Not Disclosed
- 08 Oct 2012Sold for $630,000
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0About 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.
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