506/1 Encounter Way, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

506/1 Encounter Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 2675m2
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Last updated 19 Jan 2026
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Property Details for 506/1 Encounter Way, Docklands

506/1 Encounter Way, Docklands is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 2675m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in February 2008.

Building Type
Unit
Year Built
2009
Floor Size
71m2
Land Size
2675m2
Local Government
Melbourne
Lot/Plan
506/PS602178

Last Listing description (February 2025)

Seize this magnificent property in the heart of the Docklands. Property is ideally located with transport close to your doorstep as well as the abundance of amazing cafes and restaurants to fill your belly after a full day of shopping along Burke Street and DFO.
This wonderful light and bright apartment comprises:

- Two great sized bedroom

- Huge light filled lounge room
- Contemporary kitchen with gas cooking and loads of storage
- Sparkling bathroom
- Euro laundry with dryer included
- Split System heating and cooling
- Security entrance
- Car park for one and storage cage

Please book an inspection time or contact the agent if you would like to inspect this property.

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The fastest and easiest way to apply for this property is through 1Form using the Apply Online feature, you will need to have an application code to apply, supplied after you have inspected the property.

Property History for 506/1 Encounter Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$585,000
26 Feb 2008
Listed for Rent
$580/w
26 Nov 2023
  • 22 Jan 2025
    Listed for Rent $660 / week
  • 22 Nov 2023
    Listed for Rent $580 / week
  • 19 Aug 2019
    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 17,771 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 66 properties listed for sale, and 39 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 741 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.