605/5 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
 
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605/5 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 5 Jan 2026
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Property Details for 605/5 Caravel Lane, Docklands

605/5 Caravel Lane, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. While the property is not currently for sale or for rent, it was last sold in April 2000.

Building Type
Unit
Year Built
2002
Local Government
Melbourne
Lot/Plan
E605/PS438893

Last Listing description (February 2022)

Enjoy Harbour Views

This stylish newly renovated apartment is located on the sixth floor of the widely acclaimed and popular Boyd Tower, in the heart of the NewQuay precinct. Boasting a superb backdrop with views spanning the City skyline and Victoria Harbour. The light-filled, spacious interior features a generous living and dining room flowing to a balcony and incorporating a full kitchen with high quality S/S appliances and wide bench. Complemented by 2-bedrooms, WIR, ensuite and a second balcony. Plus a pristine central bathroom, Euro laundry, reverse cycle heating and cooling and car space.

The facilities enjoyed by the residents of The Boyd Tower include a fully-equipped gymnasium, outdoor pool and open-air entertainment area with brilliant views.

Situated right in the heart of the NewQuay precinct where there is so much to enjoy - with its brilliant access to the vibrant food and entertainment hub that is The District Docklands. Including the Hoyts Cinema and The Melbourne Star Wheel at your doorstep plus a wonderful array of waterside restaurants to dine in at night or the weekends; Marvel Stadium for footy fans or the Capital City Bike Trail.

Accessibility to the rest of Melbourne's inner-city amenities and transport hub is taken care of thanks to nearby free trams, Southern Cross Station, and the Skybus service to Melbourne Airport.

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Property History for 605/5 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$413,500
13 Apr 2000
  • 31 Jan 2022
    Listed for Rent $600 per week
  • 05 Apr 2013
    Listed for Rent $530 PER WEEK
  • 22 Dec 2010
    Listed for Rent - Price not available
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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 17,770 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 68 properties listed for sale, and 36 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 743 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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