908/20 Rakaia Way, Docklands, VIC 3008 sold on 22 January 2025 | OnTheHouse
 
SOLD
Sold on 22 Jan 2025 for $615,000

908/20 Rakaia Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 3175m2
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Lucas - Melbourne & Docklands
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Property Details for 908/20 Rakaia Way, Docklands

908/20 Rakaia Way, Docklands is a 2 bedroom, 1 bathroom Unit with 1 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 January 2025. There are other 2 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
80m2
Land Size
3175m2
Local Government
Melbourne
Lot/Plan
908/PS434030

Last Listing description (June 2021)

Located on the 9th Floor of the highly regarded Arkely Complex. This 2-bedroom boasts a spacious floor-plan which allows for relaxed lifestyle, open plan living opening on to a private balcony for indoor/outdoor entertaining. Whilst floor-to-ceiling glass walls deliver loads of natural light to the interior.

Generous living/dining opens to a balcony with water views
Stylish Bosch stainless steel equipped kitchen

Main bedroom with BIR
Sleek central bathroom
Reverse cycle air conditioning
Secure intercom entry
Separate laundry

Amenities
Fortunate residents of the sought-after Arkley complex enjoy access to an outdoor swimming pool and spa plus a fully-equipped gymnasium, outdoor entertaining area and golf practice net.

Location
Situated right in the heart of the NewQuay precinct where there is so much to enjoy - with its brilliant access to the vibrant food and entertainment hub that is The District Docklands. Including the Hoyts Cinema, Woolworths supermarket, Dan Murphy's and The Melbourne Star Wheel at your doorstep plus a wonderful array of waterside restaurants to dine in at night or the weekend; Marvel Stadium for footy fans or the Capital City Bike Trail.

Accessibility to the rest of Melbourne's inner-city amenities and transport hub is taken care of thanks to nearby free trams and Southern Cross Station.

Book your inspection today!

*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.*

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Property History for 908/20 Rakaia Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$615,000
22 Jan 2025
Listed for Rent
$450/w
22 Jun 2021
  • 22 Jan 2025
    Sold for $615,000
  • 27 May 2021
    Listed for Rent $450 / week
  • 29 Mar 2018
    Sold for $580,000
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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 17,769 properties. Over the last 5 years, Houses in Docklands have seen a 31.62% increase in median value, while Units have seen a 2.45% increase. As at 30 November 2025:

  • The median value for Houses in Docklands is $2,393,778 while the median value for Units is $598,512.
  • Houses have a median rent of $680 while Units have a median rent of $690.
There are currently 69 properties listed for sale, and 43 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 732 properties were sold in the past 12 months in Docklands.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. 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
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.

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