401/750 Bourke StreetDocklands VIC 3008
Property Details for 401/750 Bourke St, Docklands
401/750 Bourke St, Docklands is a 2 bedroom, 2 bathroom Unit and was built in 2005. The property has a land size of 12509m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Last Listing description (November 2017)
**Investors Only**
In the heart of the Docklands business district and within walking distance to Southern Cross Station, Crown Casino, Restaurants, Cafes, Marina's and Etihad Stadium literally at the back door there is little wonder why this is one of Quest Apartments flagship buildings.
Built in 2005 and in December 2015 underwent refurbishment works which included LED down lights, a new split system air conditioner in the bedroom, new cook top, updated bathroom including a new shower and a stone overlay on the kitchen and bathroom bench tops.
Current Rent: $778 per week ($40,499 per annum)
Next Rent Increase: 8th September 2018
Current Return: 7% Gross / 6.3% Net
Future Rents & Returns:
$42,638 as at 8/09/2018 / 7.4% Gross Return
$43,803 as at 8/09/2019 / 7.6% Gross Return
Lease Terms: Lease to 07/09/2020 plus 5 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2020)
Next Market Review: 8/09/2020
Approximate Owner Outgoings:
Council Rates: $1523 per annum
Water Rates: $922 per annum
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund: $1341 per annum
Property History for 401/750 Bourke St, Docklands, VIC 3008
- 09 Nov 2017Sold for $545,000
- 20 Oct 2017Listed for Sale Not Disclosed
- 11 Apr 2008Sold for $420,000
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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.
Suburb Insights for Docklands 3008
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