505/5 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
 
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505/5 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 6777m2
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Last updated 19 Jan 2026
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Property Details for 505/5 Caravel Lane, Docklands

505/5 Caravel Lane, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 6777m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2002
Floor Size
88m2
Land Size
6777m2
Local Government
Melbourne
Lot/Plan
E505/PS438893

Last Listing description (March 2023)

With memorable southeast views out towards Marvel Stadium, the CBD, and Southbank, and taking advantage of a wonderful floorplan that gives you fantastic space and functionality, this 2 bedroom, 2-bathroom Boyd Tower apartment is a NewQuay precinct dream!

Polished timber floors add a sleek and stylish flavour to so much of the property
Well-sized and bright central living and dining zone has floor-to-ceiling windows which frame the views that are complemented by green gardens below

Sliding doors open out from the living zone to the undercover balcony, where you can make the most of balmy Melbourne nights over drinks and meals
Pristine stone kitchen comes with a breakfast bar and stainless steel appliances
Master bedroom is oversized and delivers a bright study nook, access to a 2nd balcony, a walk-in robe, and a stylish ensuite
Built-in robe storage in the 2nd bedroom
Beautiful central bathroom
European laundry
Reverse cycle heating and cooling
Secure intercom
Storage cage
Secure car space

PROPERTY SIZE
Internal 88sqm
External 10sqm
Total Size 98sqm

AMENITIES
Residents of Boyd Tower have access to a BBQ area, pool, gym, and function room.

LOCATION
This Newquay precinct location has you near The District Docklands with Hoyts Cinemas, 8 Street hawker food outlets, Woolworths supermarket, Dan Murphys, and the Market Lane fresh food precinct with butchers, delis, bakeries and coffee roasters, CBD attractions, Capital City Trail, harbourside restaurants, Docklands Primary School and kindergarten, Marvel Stadium, nearby trams including the free City Circle line, Southern Cross Station and the airport Skybus. The Victoria Harbour precinct is also close by and easily accessed on foot.

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 Serena Su on 0499 083 362 or Ricky Li on 0487 888 873 to discuss this property further

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Property History for 505/5 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$645,000
10 Dec 2022
Listed for Rent
$550/w
24 Nov 2011
  • 10 Dec 2022
    Sold for $645,000
  • 22 Nov 2022
    Listed for Sale $600,000 - $660,000
  • 19 Sep 2012
    Listed for Sale $570000
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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 17,772 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.
There are currently 65 properties listed for sale, and 40 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 734 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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