706/20 Rakaia Way, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

706/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 3175m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 May 2026
Low

High
Save

Property Details for 706/20 Rakaia Way, Docklands

706/20 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 92m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
2001
Floor Size
92m2
Land Size
3175m2
Local Government
Melbourne
Lot/Plan
706/PS434030

Last Listing description (May 2020)

Fully furnished immaculate apartment in the Arkley with exceptional views. This residence offers two generous bedrooms with built in robes, the main with ensuite, private balcony and central second bathroom. Large open plan living area which overlooks the water front. Modern kitchen with breakfast bar and stainless steel appliances, reverse cycle heating and cooling, secure intercom, secure car spaces and access to a pool, spa and gym.

Enjoy the life by the water in NewQuay and enjoy The Districts rejuvenation featuring shopping and amenities including Hoyts Cinemas, Woolworth supermarket, Dan Murphys and restuarants. Being perfectly located in Melbournes free tram line, Marvel Stadium and the CBD making this apartment the perfect home for the most discerning of residents.


Rent is offered at $500 per week for 3 months, and will revert to the original price of $600 per week immediately after the 3 month period. The minimum lease term is 6 months.

Book your private inspection or join us for a virtual tour today!

Property History for 706/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$630,000
17 Nov 2020
Listed for Rent
$500/w
19 May 2020
  • 17 Nov 2020
    Sold for $630,000
  • 08 Apr 2020
    Listed for Rent $500 / week
  • 06 Dec 2019
    Listed for Rent $700 / week
Sign in to see more transactions
Commute Calculator

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 18,167 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 28 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 778 properties were sold in the past 12 months in Docklands.

Suburb Insights for Docklands 3008

Market Insights
Docklands Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Docklands Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.