708/20 Rakaia Way, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

708/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 708/20 Rakaia Way, Docklands

708/20 Rakaia Way, Docklands is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Unit
Year Built
2001
Local Government
Melbourne
Lot/Plan
708/PS434030

Last Listing description (February 2024)

Waterview Beauty!

Explore the perfect fusion of urban energy and waterfront tranquility at Arkley, situated in the heart of Docklands. Whether you're enticed by the buzz of city living or the calm embrace of waterside panoramas, Docklands offers an unparalleled lifestyle.

Nestled within the sought-after 'Arkley' tower in the New Quay precinct, this two-bedroom apartment provides an ideal retreat for families or savvy investors seeking enchanting water views.

The living, dining, and kitchen spaces seamlessly flow onto a balcony with a glass balustrade, epitomizing the essence of comfortable living.

The kitchen, complete with a peninsula bench and integrated stainless-steel appliances, features a 4-burner gas stove top, electric oven, and dishwasher. Ample above and below bench storage enhances functionality.

Both bedrooms boast built-in robes, with the main bedroom featuring a private balcony and sharing a central bathroom with a bathtub and shower. Additionally, there's a separate powder room, European laundry and storage cage.

Key Features:

- Split system air conditioner
- In-room storage cage
- Designated parking space

Complex Amenities:

- Onsite manager
- Security intercom access
- Secured garage access
- Swimming pool, gymnasium, golf net, and communal garden area

Conveniently located near The District Docklands Shopping, Hoyts cinemas, and Market Lane Food Hall. Proximity to Docklands Primary School and a short stroll to Ron Barassi SNR Park caters to your recreational needs.

Effortless transportation with Free Tram Zone access and a brief walk to Southern Cross station.

Immerse yourself in the vibrant allure of Docklands, where residents proudly call it home-where security, shopping, and a dynamic lifestyle converge for your utmost enjoyment.

Property History for 708/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$625,000
05 Feb 2024
  • 05 Feb 2024
    Sold for $625,000
  • 14 Dec 2023
    Listed for Sale $605,000 to $635,000
  • 03 Jan 2017
    Listed for Sale SALE
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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 18,159 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 29 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 773 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.