2202/5 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

2202/5 Caravel Lane
Docklands VIC 3008

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 198m2
Land area: 6777m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 19 Jan 2026
Low

High
Save

Property Details for 2202/5 Caravel Lane, Docklands

2202/5 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 198m2. While the property is not currently for sale or for rent, it was last sold in June 2014.

Building Type
Unit
Year Built
2002
Floor Size
198m2
Land Size
6777m2
Local Government
Melbourne
Lot/Plan
E2202/PS438893

Last Listing description (June 2025)

Path Real Estate presents a magnificent two-level loft penthouse at 2202/5 Caravel Lane, Docklands, represents the pinnacle of luxury living in Melbourne. Offering a rare combination of prestige, panoramic views, and a prime waterfront location, this residence is ideal for the discerning buyer seeking an exclusive lifestyle.

Designed with sophisticated elegance, this penthouse provides stunning, unobstructed views of Victoria Harbour and the glittering Melbourne skyline, creating a tranquil urban oasis in the heart of the city. The upper level boasts an expansive living area and private office, with floor-to-ceiling windows that bring the beauty of the outside in, filling the space with natural light and offering a breathtaking backdrop for relaxation or hosting guests. For buyers who value privacy, the upper level's unique design ensures a sense of peace, while still being connected to the vibrant energy of Docklands.

On the lower level, the three spacious bedrooms, including a luxurious master suite, provide comfort and refinement. The master bedroom's private balcony and ensuite offer a secluded retreat, making it the perfect place to unwind after a long day. The modern, open-plan living, dining, and kitchen areas are ideal for entertaining, seamlessly flowing onto a large wraparound balcony where you can enjoy alfresco dining with the city skyline as your backdrop.

Resort-style amenities in the building include a fully equipped gym, swimming pool and space for gathering, creating an exclusive, five-star lifestyle. The location is unbeatable, with cafes, restaurants, shops, and entertainment venues all within walking distance, including Southern Cross Station and Marvel Stadium. Public transport is easily accessible, connecting you to Melbourne's CBD and beyond.

This penthouse is perfect for professionals or families looking for a sophisticated, spacious urban retreat, investors seeking a rare high-value property, or downsizers wanting a modern, low-maintenance luxury home.

Property History for 2202/5 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$1,300,000
04 Jun 2014
Listed for Rent
$900/w
06 May 2014
  • 21 Oct 2024
    Listed for Sale $2,500,000 - $2,600,000
  • 04 Jun 2014
    Sold for $1,300,000
  • 19 May 2014
    Listed for Sale $1,250,000 - $1,350,000
Sign in to see more transactions
Commute Calculator

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 17,771 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, 726 properties were sold in the past 12 months in Docklands.

Suburb Insights for Docklands 3008

Market Insights
Docklands Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Docklands Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.