403/5 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

403/5 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 65m2
Land area: 6777m2
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Property Details for 403/5 Caravel Lane, Docklands

403/5 Caravel Lane, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 6777m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
2001
Floor Size
65m2
Land Size
6777m2
Local Government
Melbourne
Lot/Plan
E403/PS438893

Last Listing description (July 2018)

This impressive and spacious 2 bedroom apartment with views to the city skyline is ideal for buyers looking for an abode with a private courtyard, perfect for families, pet owners or those that enjoy outdoor entertaining.
Named after leading Australian painter Arthur Boyd, the Boyd tower exemplifies how the Docklands landscape has developed from humble beginnings.
Located on level 4 of the complex, the residence offers a superb layout. A stylish kitchen with integrated stainless steel appliances and large bench top provides ease of use for the chef, and central entertaining area for guests. Open plan dining and living area leads onto the massive outdoor space, and continuing through a private gate will take you to the manicured common garden area. Spacious main bedroom with ensuite, study alcove and built in robes, and second bedroom also with built in robes, central fully tiled bathroom and separate laundry.

Additional features include: security entrance, floor to ceiling windows, storage cage, secure undercover car park, access to building facilities including swimming pool, gymnasium and BBQ area.
Located within the Free Tram Zone, within walking distance to Southern Cross Station, and with easy Freeway access, you will also be spoilt for choice with local shopping and eateries, including Harbour Town, Spencer Outlet Centre, and Costco. The addition of cinemas and Woolworths to the area to be completed in 2019 will add to the sheer convenience of this ideal location.

Property History for 403/5 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$612,000
29 May 2018
Listed for Rent
$560/w
22 Aug 2013
  • 29 May 2018
    Sold for $612,000
  • 17 May 2018
    Listed for Sale Not Disclosed
  • 25 Jul 2013
    Listed for Rent $560 / 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 17,764 properties. Over the last 5 years, Houses in Docklands have seen a -2.63% decrease in median value, while Units have seen a 3.52% increase. As at 31 October 2025:

  • The median value for Houses in Docklands is $1,846,063 while the median value for Units is $607,498.
  • Houses have a median rent of $680 while Units have a median rent of $685.
There are currently 65 properties listed for sale, and 42 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 765 properties were sold in the past 12 months in Docklands.

Suburb Insights for Docklands 3008

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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.