602/39 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

602/39 Caravel Lane
Docklands VIC 3008

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 121m2
Land area: 3920m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Feb 2026
Low

High
Save

Property Details for 602/39 Caravel Lane, Docklands

602/39 Caravel Lane, Docklands is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 3920m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
Unit
Year Built
2003
Floor Size
121m2
Land Size
3920m2
Local Government
Melbourne
Lot/Plan
602/PS449343

Last Listing description (August 2013)

Boasting an incredible waterfront position in the highly sought after Nolan building this apartment offers spectacular views of the Marina and Melbourne city, never to be built out... The free flowing floor plan combines the gourmet kitchen which overlooks the spacious living and dining areas spilling out onto a huge wrap around balcony showcasing the uninterrupted views. The property is further enhanced by the 3 large bedrooms which all have access to a balcony & BIR's & a sparkling central bathroom. Currently returning 5% NET annual yield or available vacant upon settlement.

- Spectacular views by day and night
- Quality modern furnishings & plenty of storage

- Master retreat with ensuite, WIR & balcony access
- Roof-top recreation deck with luxurious pool & gym
- Powder room & sizeable separate laundry
- Ducted heating & cooling
- Two secure car spaces & storage cage
- Vacant possession or great return

Chris Henson : 0417 999 070

Property History for 602/39 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$855,000
22 Aug 2013
  • 22 Aug 2013
    Sold for $855,000
  • 01 May 2013
    Listed for Sale $860,000-$890,000
  • 25 Jul 2001
    Sold for $784,000
Commute Calculator

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 27.37% increase in median value, while Units have seen a 1.48% increase. As at 31 January 2026:

  • The median value for Houses in Docklands is $2,396,424 while the median value for Units is $588,363.
  • Houses have a median rent of $685 while Units have a median rent of $700.
There are currently 63 properties listed for sale, and 46 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 751 properties were sold in the past 12 months in Docklands.

Suburb Insights for Docklands 3008

Market Insights
Docklands Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Docklands Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.