605/20 Rakaia Way, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

605/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 90m2
Land area: 3175m2
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Property Details for 605/20 Rakaia Way, Docklands

605/20 Rakaia Way, Docklands is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 3175m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
Unit
Year Built
2001
Floor Size
90m2
Land Size
3175m2
Local Government
Melbourne
Lot/Plan
605/PS434030

Last Listing description (July 2018)

A modern Docklands delight with the addition of two car spaces and one storage cage, this sleek and sophisticated two bedroom + study, two bathroom apartment is one of the top residential picks in the standout NewQuay Promenade precinct.
This 6th floor retreat is part of the fantastic Arkley complex, with this smart and practical apartment ready to be embraced by keen Docklands dwellers. A long entry hall makes its way through to the relaxed living and meals space, which includes the designer kitchen featuring a breakfast bar for quick meals as well as stainless steel appliances.
The master bedroom has everything you could imagine including a walk-in robe, study nook with desk and built-in cabinetry, private balcony, and a pristine ensuite. The undercover balcony provides a great outdoor space for entertaining, while further enjoy a 2nd bedroom with BIR, quality bathroom, European laundry, reverse cycle cooling and heating, secure intercom, and access to a pool, spa, golf practice net, and gym.

Walk to the amazing new District Docklands which has a wealth of sensational eateries, shopping, and entertainment options. You re also near promenade restaurants, Etihad Stadium, IGA X-press supermarket, and trams taking you to West Preston, Bundoora RMIT, and the city.
Please contact Charles Finnigan on 0437 204 556 to arrange an exclusive viewing

Property History for 605/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$625,000
25 Jun 2018
Listed for Rent
$600/w
16 Aug 2016
  • 25 Jun 2018
    Sold for $625,000
  • 06 Feb 2018
    Listed for Sale $625,000 - $655,000
  • 16 May 2016
    Listed for Rent $600 / week
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About Docklands 3008

The size of Docklands is approximately 2.8 square kilometres. There are 12 parks, covering nearly 5.3% of the 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 19,030 properties. Over the last 5 years, Houses in Docklands have seen a 29.78% increase in median value, while Units have seen a -0.49% decrease. As at 30 June 2026:

  • The median value for Houses in Docklands is $2,725,475 while the median value for Units is $585,821.
  • Houses have a median rent of $725 while Units have a median rent of $710.
There are currently 81 properties listed for sale, and 28 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 738 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.