703/39 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
 
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703/39 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 3920m2
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Last updated 5 Jan 2026
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Property Details for 703/39 Caravel Lane, Docklands

703/39 Caravel Lane, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 3920m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2009.

Building Type
Unit
Year Built
2004
Floor Size
85m2
Land Size
3920m2
Local Government
Melbourne
Lot/Plan
703/PS449343

Last Listing description (March 2019)

This executive apartment is premium grade and in an ideal location.
The deluxe kitchen has stainless steel appliances, a glass splashback, stone bench tops and plenty of storage, overlooking the substantial open plan living and dining area which leads to a great balcony perfect for entertaining.
The master bedroom has a generous walk in robe, ensuite with separate bath and private balcony access. The second bedroom has built in robes and heaps of natural light.

Both of the bathrooms are sparkling and of the highest quality with stone tiles and bench tops.
Additional features include; ample storage in the apartment, separate laundry, heating and access to the buildings pool and gymnasium.
The positioning is supreme, being at the edge of the harbour within the dining and entertainment precincts of the Docklands and with Harbour Town, transport and the central CBD minutes away.

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Property History for 703/39 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$665,000
28 Sep 2009
Listed for Rent
$610/w
14 Feb 2019
  • 05 Feb 2019
    Listed for Rent $610 / week
  • 08 Nov 2017
    Listed for Rent - Price not available
  • 22 Jul 2014
    Listed for Rent $580 / 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 17,771 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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© 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
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