607/20 Rakaia Way, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

607/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 3175m2
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Last updated 11 May 2026
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Property Details for 607/20 Rakaia Way, Docklands

607/20 Rakaia Way, Docklands is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 3175m2. While the property is not currently for sale or for rent, it was last sold in May 2007.

Building Type
Unit
Year Built
2002
Land Size
3175m2
Local Government
Melbourne
Lot/Plan
607/PS434030

Last Listing description (December 2025)

Located on the 6th floor of the much desired "Arkley" tower is this superb two bedroom apartment awaiting your inspection. Location could not be better - you can stroll the waterfront, dine at the many restaurants and cafes, shop at Waterfront City, walk or catch a free tram to the city centre or to the Crown Casino entertainment complex . A network of freeways will take you direct to the northern, southern, eastern, or western suburbs of Melbourne. It is all here for you to enjoy!!

The apartment features a gourmet kitchen with stainless steel appliances, an adjoining open plan living area which opens onto a wide balcony with beautiful views of the city skyline. Each of the bedrooms have BIR's and share the stylish contemporary bathroom. Other features includes two secure undercover car spaces, separate powder room, security entrance, on-site caretaker and a heated lap pool and gymnasium, completes this fantastic package.

Property History for 607/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$415,500
24 May 2007
Listed for Rent
$620/w
20 Apr 2023
  • 31 May 2024
    Listed for Rent $710 / week
  • 08 Apr 2023
    Listed for Rent $620 / week
  • 23 Feb 2021
    Listed for Rent $470 / 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 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.