707/39 Caravel Lane, Docklands, VIC 3008 | Property Value & History | OnTheHouse
 
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707/39 Caravel Lane
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 3920m2
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Last updated 24 Aug 2026
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Property Details for 707/39 Caravel Lane, Docklands

707/39 Caravel Lane, Docklands is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 3920m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in April 2012.

Building Type
Unit
Year Built
2006
Floor Size
79m2
Land Size
3920m2
Local Government
Melbourne
Lot/Plan
707/PS449343

Last Listing description (April 2021)

Perfectly poised on the 7th floor of the highly desired 'Nolan' tower in Docklands vibrant restaurant and shopping precinct, is this freshly painted apartment with floor to ceiling windows, flooding the apartment with natural light.

Features of this superb apartment include a stylish kitchen with ample storage space and integrated stainless steel appliances, spacious open plan living/dining area opening onto a wide full length balcony with water & CBD views, generous sized bedrooms with a built in robe, contemporary central bathroom with separate bath & shower and a secure car space & storage cage.


The 'Nolan' tower also includes security entrance, an on-site caretaker, heated swimming pool, well equipped gymnasium and a communal function room.

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Property History for 707/39 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$505,000
24 Apr 2012
Listed for Rent
$420/w
01 Apr 2021
  • 13 Jan 2021
    Listed for Rent $420 / week
  • 24 Apr 2012
    Sold for $505,000
  • 16 Feb 2012
    Listed for Sale OFFERS ABOVE $530,000
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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 19,035 properties. Over the last 5 years, Houses in Docklands have seen a 23.58% increase in median value, while Units have seen a 2.06% increase. As at 31 July 2026:

  • The median value for Houses in Docklands is $2,613,007 while the median value for Units is $591,464.
  • Houses have a median rent of $725 while Units have a median rent of $720.
There are currently 81 properties listed for sale, and 41 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 731 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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