301/29 Rakaia Way, Docklands, VIC 3008 | Property Value & History | OnTheHouse
 
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301/29 Rakaia Way
Docklands VIC 3008

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Last updated 18 May 2026
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Property Details for 301/29 Rakaia Way, Docklands

301/29 Rakaia Way, Docklands is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2003
Local Government
Melbourne
Lot/Plan
301/PS449343

Last Listing description (March 2023)

A stylish podium prize in the enviable Nolan Tower

In the tightly-held podium section of the esteemed Nolan Tower residential complex, and showcasing a refreshed feel and breathtaking views of Victoria Harbour, this 3 bedroom, 2.5 bathroom, 2 car space 3rd-floor apartment is as good as it gets when it comes to modern riverside living.

Nolan Tower is highly sought-after by Docklands dwellers who appreciate the sleek and spacious living
146sqm (approx.) of space is what you get to enjoy both inside and out!

Property has been freshly painted and features quality new carpet throughout
Adore the expanses of the central lounge and dining zone where you can appreciate the unforgettable harbour vistas
Wraparound balcony is large in size and also offers water views
Stylish kitchen offers quality Miele and Smeg stainless steel appliances
All bedrooms enjoy views of Victoria Harbour
Spacious master bedroom has access to a stylish ensuite plus a large walk-in robe
Built-in robes in the other bedrooms
Dazzling central bathroom plus an additional powder room off the entry
Separate laundry room
Ducted heating and cooling
Secure intercom entry
2 secure undercover car space
x1 Storage cage located on the same level as car spaces

PROPERTY SIZE
Internal 127sqm
External 19sqm
Total Size 146sqm

AMENITIES
The Nolan complex offers residents access to a pool, gym, and entertaining area.

LOCATION
In the NewQuay precinct near The District Docklands which features Hoyts Cinemas, 8 Street hawker food outlets, Woolworths supermarket, Dan Murphy's, and the 'Market Lane' fresh food precinct with butchers, delis, bakeries, and coffee roasters, Capital City Trail, harbourside restaurants, Docklands Primary School and kindergarten, Marvel Stadium, nearby trams including the free City Circle

All information including the internal and external property area (floor size, address, and general property description) on the website has been provided to Lucas Real Estate by third parties.
Information contained on the website should not be relied upon and homebuyers are encouraged to undertake due diligence before a property purchase.

Please contact Cary Thornton on 0437 204 556 or Brooke Busuttil on 0413 590 202 to discuss this property further

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Property History for 301/29 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$1,200,000
10 Mar 2023
  • 10 Mar 2023
    Sold for $1,200,000
  • 24 Nov 2022
    Listed for Sale $1,100,000 - $1,210,000
  • 07 Nov 2021
    Sold for $1,170,000
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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 18,965 properties. Over the last 5 years, Houses in Docklands have seen a 35.90% increase in median value, while Units have seen a -0.52% decrease. As at 30 April 2026:

  • The median value for Houses in Docklands is $2,724,617 while the median value for Units is $597,421.
  • Houses have a median rent of $730 while Units have a median rent of $700.
There are currently 65 properties listed for sale, and 27 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 772 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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