606/20 Rakaia Way, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

606/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 93m2
Land area: 3175m2
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Last updated 11 May 2026
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Property Details for 606/20 Rakaia Way, Docklands

606/20 Rakaia Way, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 3175m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last transferred in July 2021.

Building Type
Unit
Year Built
2001
Floor Size
93m2
Land Size
3175m2
Local Government
Melbourne
Lot/Plan
606/PS434030

Last Listing description (April 2021)

Generously sized, stylishly presented 2 Bed, 2 Bath and 1 car apartment that has an abundance of natural light, has been recently renovated with new Bamboo floorboards and new Tiles. Conveniently located in the ever popular Arkly Building in New Quay, a location that is second to none.
The Arkly takes advantage of the water ways as well as the many restaurants and bistros in the surrounding areas, a short stroll will see you at Harbour Town Shopping precinct (a Mecca for tourists and Shoppers alike) and the increasingly popular Melbourne Star Observation Wheel.
The Building itself boasts a Swimming pool, Gymnasium and a function room for your convenience, with the introduction of free transport within the CBD and Docklands, this property makes for a great investment or a perfect home for the astute buyer.

Property History for 606/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Transferred
17 Jul 2021
Listed for Rent
$595/w
16 Mar 2017
  • 17 Jul 2021
    Transferred
  • 24 Feb 2017
    Listed for Rent $595 / week
  • 03 Jul 2015
    Sold for $572,000
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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 18,154 properties. Over the last 5 years, Houses in Docklands have seen a 35.90% increase in median value, while Units have seen a -0.52% decrease. As at 30 April 2026:

  • The median value for Houses in Docklands is $2,724,617 while the median value for Units is $597,421.
  • Houses have a median rent of $730 while Units have a median rent of $700.
There are currently 67 properties listed for sale, and 29 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 777 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.