707/20 Rakaia WayDocklands VIC 3008
Property Details for 707/20 Rakaia Way, Docklands
707/20 Rakaia Way, Docklands is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 3175m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in December 2017.
Last Listing description (February 2018)
The lifestyle that you will experience while residing on the 7th floor of one of New Quay's most keenly sought after complexes, The Arkley is second to none. A sea of lights extending to the horizon, Melbourne's Star Observation Wheel and the shimmering Marina create a fairytale-like background to the beautifully bright 2-bedroom, 1-bathroom apartment's interior.
A balcony flowing off the living and dining room expands the space for relaxing and entertaining outdoors. Open-planned to the living room is a chic kitchen. Each of the bedrooms is fitted with built-in robes while a second balcony leads off the main bedroom. A powder room sits opposite the bathroom, which is appointed with a bath and separate shower. Completing the features are 2 car spaces and a European laundry.
Leisure facilities include a pool, golf net, function room and gym. The location is like no other with transport and dining-out venues at the door and the CBD within walking distance.
Property History for 707/20 Rakaia Way, Docklands, VIC 3008
- 29 Dec 2017Sold for $577,000
- 06 Nov 2017Listed for Sale $565,000 - $595,000
- 20 Mar 2015Listed for Sale $540,000 - $595,000
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About Docklands 3008
The size of Docklands is approximately 2.8 square kilometres. There are 12 parks, covering nearly 5.3% of the 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 18,973 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.
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