514/15 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
 
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514/15 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 6777m2
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Last updated 26 Jan 2026
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Property Details for 514/15 Caravel Lane, Docklands

514/15 Caravel Lane, Docklands is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 6777m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2002
Floor Size
71m2
Land Size
6777m2
Local Government
Melbourne
Lot/Plan
W514/PS438893

Last Listing description (August 2023)

Located on the 5th floor of the Palladio complex by renowned architect Fender Katsalidis, this two-bedroom apartment shines brightly. Appealing to all buyers with a design that promotes easy living, this delightful Docklands abode is ready to be your next home.

Gorgeous parquetry flooring and amazing natural light fill the spacious lounge and dining zone
Extensive undercover balcony has so many alfresco options!

West facing balcony can be accessed via the living zone and both bedrooms
Modern kitchen shows off with stone benchtop, breakfast bar, and stainless steel appliances
Main bedroom has an extended study nook and feature wallpaper
Both bedrooms deliver built-in robes
Quality bathroom with laundry
Reverse cycle heating and cooling
Secure intercom
Secure car space

PROPERTY SIZE
Internal 71sqm
External 19sqm
Total Size 90sqm

AMENITIES
The Palladio complex allows residents access to an exclusive health club featuring rooftop pool, private function area and fully-equipped gym with stunning views. There is also a community garden which will be loved by residents.

LOCATION
Near The District Docklands which features Hoyts Cinemas, Woolworths supermarket, Dan Murphys, Chemist Warehouse, and a wide range of specialty shops & restaurants. Youre also close to Capital City Trail, Docklands Primary School and kindergarten, Marvel Stadium, leading universities, trams including the free City Circle line, Southern Cross Station, and a short walk to the Port Phillip Ferries.

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 Thomas Tregonning on 0413 317 304, Lynn Lum on 0474 044 293 or Cherie Tomkins on 0490 816 760 to discuss this property further.

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Property History for 514/15 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$540,000
06 Jul 2023
Listed for Rent
$450/w
17 Dec 2021
  • 06 Jul 2023
    Sold for $540,000
  • 19 Jun 2023
    Listed for Sale Not Disclosed
  • 23 Nov 2021
    Listed for Rent $450 / 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 17,772 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 64 properties listed for sale, and 43 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 744 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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