511/750 Bourke Street, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

511/750 Bourke Street
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
Land area: 12509m2
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Property Details for 511/750 Bourke St, Docklands

511/750 Bourke St, Docklands is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 12509m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Unit
Year Built
2005
Floor Size
46m2
Land Size
12509m2
Local Government
Melbourne
Lot/Plan
511S/PS509916

Last Listing description (May 2016)

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 worth $11,000 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.
The apartment consists of a fully equipped kitchen with electric hotplate, oven and dishwasher, bedroom with built-in robes, study nook, laundry facilities and a balcony with views down Bourke Street.

Lease Details:
Current Rent: $477 per week ($24,828 per annum)
Next Rent Increase: 8th September 2016
Current Return: 6.36% Gross / Net 5.54%
Lease Terms: Lease to 07/09/2020 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2020)
Approximate Owner Outgoings:
Council Rates: $1166 p/a approx
Water Rates: $978 p/a approx
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund: $1061 p/a approx

Property History for 511/750 Bourke St, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$390,000
12 Apr 2016
  • 12 Apr 2016
    Sold for $390,000
  • 07 Apr 2016
    Listed for Sale Not Disclosed
  • 01 Aug 2009
    Sold for $282,000
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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 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.