Market snapshot

Suburb insights for Docklands3008

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Docklands is a newly developed waterfront precinct on the western edge of the Melbourne CBD, featuring high-rise residential towers, corporate offices, entertainment venues, and marina promenades . The area includes waterfront dining, public art installations, the Marvel Stadium, and shopping malls. It attracts professionals, investors, and residents seeking modern urban living by the water.

Recent sales and auction results in Docklands

AddressBedroomsPriceTypeMethodSale DateAgentListing
1609/5 Caravel La, Docklands1PriceApartmentPrivate Sale5/09/2026Lucas Real Estate
1109/20 Rakaia Way, Docklands1PriceApartmentPrivate Sale8/08/2026Lucas Real Estate

Sales data

Median sale price
-
Annual price change
-
Metro Melbourne Comparison
$953k
5.1%
BedroomsDocklandsMetro comparison
2-$950,000
3-$872,000
4-$990,000
InsightDocklandsMetro comparison
Clearance rate68.8%
Days on market4542

Rental data

Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$580
3.1%
BedroomsDocklandsMetro comparison
2-$600
3-$560
4-$600
Median data for the current quarter
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