704/5 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

704/5 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 87m2
Land area: 6777m2
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Last updated 19 Jan 2026
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Property Details for 704/5 Caravel Lane, Docklands

704/5 Caravel Lane, Docklands is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 6777m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in July 2007.

Building Type
Unit
Year Built
2002
Floor Size
87m2
Land Size
6777m2
Local Government
Melbourne
Lot/Plan
E704/PS438893

Last Listing description (July 2021)

This well maintained two bedroom apartment is superbly located above the Boyd's podium level with a great views of the harbour. A Superb modern style kitchen with quality stainless steel appliances and ample storage. Floor to ceiling windows compliment the generous living/dining area leading to the entertaining balcony. Generous bedrooms with built in robes, main with study area and en-suite and second bathroom with deep relaxing bath. Also included is a separate European style laundry, electric panel heating, secure intercom entry and dedicated car space.

Enjoy Boyd Tower facilities including a BBQ area, pool, gymnasium and function room. In close proximity to waterside restaurants, Etihad Stadium, The District shopping centre, Woolworths complex, NewQuay Promenade, trams, CBD, and Southern Cross Station.

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*Please ensure you are registered to attend the open for inspection. Inspections are permitted to a maximum of 10 people inside at any time, subject to the density quotient of 1 person per 4 sqm. All Lucas Real Estate opens will be conducted in accordance with the current government requirements. You must wear a face mask at all times upon arrival and during the inspection. Thank you*

*Please note, resident access to any common facilities is at the discretion of the Owners Corporation or facility company managing these amenities. If building facilities are not available to residents (ex: due to COVID or capital improvements) this has no correlation to the rent paid or tenancy agreement.*

Property History for 704/5 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$455,000
05 Jul 2007
Listed for Rent
$500/w
20 Jul 2021
  • 22 Jun 2021
    Listed for Rent $500 / week
  • 18 Aug 2020
    Listed for Rent $450 / week
  • 07 Sep 2015
    Listed for Rent $540 / 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 17,770 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 65 properties listed for sale, and 40 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 742 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.