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Docklands
VIC, 3008 - Melbourne

Thinking about buying in Docklands? Now could not be a better time, with 28672 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,036,000 with prices in this suburb ranging from $54,000 to $13,419,000. Docklands is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $449.20
Median Monthly Mortgage $2035.88
Median Persons Per Bedroom 1.09
Average Household Size 2.03
Average Age 33.53
Average Income $1164.25
Average Cars Per Dwelling 0.77
Average Properties Within 50M 720

Housing Stock

Average Property Prices

1 Bed  $481,000
2 Bed  $803,000
3 Bed  $1,788,000
4 Bed  $2,981,000

Docklands Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Docklands ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Docklands classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Docklands necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Docklands is a suburb within central Melbourne, Victoria. Sitting on the banks of the River Yarra, Docklands first began to be developed in the 1880s, quickly being converted from barren swampland into a busy dock servicing central Melbourne. With the rise of container ships and cargo planes, Docklands fell into disuse and saw a decline in popularity. However, in the late 1990s the construction of the Docklands Stadium drew attention back to the region and it quickly became a fashionable place once more, attracting a number of national and regional headquarters of major companies along with the development of a number of high-rise apartment blocks. Perhaps best known for the stunning contemporary architecture that decorates the municipality, the area is still undergoing heavy development.

Located just 2 kilometres from Melbourne’s central business district and situated right on the banks of the Yarra, Docklands’ position within the city is a major component of its allure to those seeking to buy property close to the heart of Melbourne. Peppered with public art and well-connected via the Docklands highway and Southern Cross station, the suburb is becoming increasingly sought-after, with development in the area continuing in earnest. With beautiful views over the Yarra river, this bustling, rapidly growing suburb is full of promise for those looking to buy property in inner Melbourne.

Units for sale Docklands

Belle Property UNIT 4102, VICTORIA POINT, 100 HARBOUR ESP, DOCKLANDS, VIC, 3008 Beds3 Bathrooms2 Parking 3 EOI Closing 29th October - $2,350,000 - $2,550,000
Belle Property UNIT 901, 915 COLLINS ST, DOCKLANDS, VIC, 3008 Beds3 Bathrooms3 Parking 2 EOI - $2,600,000 - $2,850,000
Century 21 SUITE 1212, 401 DOCKLANDS DR, DOCKLANDS, VIC, 3008 Beds Bathrooms $290,000 TO $300,000
Century 21 SUITE 926, 401 DOCKLANDS DR, DOCKLANDS, VIC, 3008 Beds Bathrooms $250,000 TO $275,000 CALL TO ARRANGE AN INSPECTIO
Harcourts UNIT 204, 1 MARMION PL, DOCKLANDS, VIC, 3008 Beds2 Bathrooms2 Parking 1 $550,000 - $600,000
Harcourts UNIT 2402, 1 POINT PARK CR, DOCKLANDS, VIC, 3008 Beds2 Bathrooms2 Parking 1 $880,000 - $960,000
Harcourts UNIT 1002, 1 POINT PARK CR, DOCKLANDS, VIC, 3008 Beds1 Bathrooms1 Parking 1 $550,000 - $590,000
Harcourts UNIT 3401, 8 PEARL RIVER RD, DOCKLANDS, VIC, 3008 Beds Bathrooms $550,000
LJ Hooker UNIT 805, 463 DOCKLANDS DR, DOCKLANDS, VIC, 3008 Beds1 Bathrooms1 Parking 1 $350,000 - $370,000
Professionals UNIT 1907, 8 PEARL RIVER RD, DOCKLANDS, VIC, 3008 Beds1 Bathrooms1 $429,500
Professionals 441 DOCKLANDS DR, DOCKLANDS, VIC, 3008 Beds1 Bathrooms1 Price: Contact Agent
Professionals LEVEL 3, UNIT 3C, 8 WATERSIDE PL, DOCKLANDS, VIC, 3008 Beds1 Bathrooms1 Parking 1 Under Contract
Ray White UNIT 901, 387 DOCKLANDS DR, DOCKLANDS, VIC, 3008 Beds2 Bathrooms2 Parking 1 683000
Ray White UNIT 1903, 241 HARBOUR ESP, DOCKLANDS, VIC, 3008 Beds2 Bathrooms1 Parking 1 500000
Ray White UNIT 1202, 231 HARBOUR ESP, DOCKLANDS, VIC, 3008 Beds2 Bathrooms2 Parking 1 570000
Ray White UNIT 1503, 677 LA TROBE ST, DOCKLANDS, VIC, 3008 Beds2 Bathrooms1 Parking 1 410000
Ray White UNIT 1709, 915 COLLINS ST, DOCKLANDS, VIC, 3008 Beds3 Bathrooms2 Parking 2 1238000
Ray White UNIT 906, 915 COLLINS ST, DOCKLANDS, VIC, 3008 Beds2 Bathrooms2 Parking 1 798000
Ray White UNIT 2113, 628 FLINDERS ST, DOCKLANDS, VIC, 3008 Beds2 Bathrooms1 Parking 0 550000
Remax UNIT 2909, 8 PEARL RIVER RD, DOCKLANDS, VIC, 3008 Beds2 Bathrooms2 Parking 1 CONTACT AGENT
Woodards UNIT 320, 673 LA TROBE ST, DOCKLANDS, VIC, 3008 Beds1 Bathrooms1 $290,000-$319,000

Local Schools

Montague Continuing Education Centre

South Melbourne Primary School

Simonds Catholic College

River Nile School

Hester Hornbrook Academy

Victorian College Of The Arts Secondary School

St Joseph's Flexible Learning Centre Melbourne

Galilee Regional Catholic Primary School

Port Phillip Specialist School

Port Melbourne Primary School

(While the above schools are located with the suburb of Docklands there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Docklands weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.516.427.042.886.82.923.8
Feb1.015.925.844.486.52.720.3
Mar1.114.524.145.488.12.515.6
Apr2.012.120.848.090.92.410.6
May1.610.017.752.389.42.97.8
Jun1.37.715.059.893.72.56.9
Jul1.37.814.456.989.53.37.4
Aug1.67.815.151.289.33.010.0
Sept1.49.317.746.188.93.114.0
Oct1.411.121.142.889.33.218.3
Nov1.812.522.443.488.62.920.8
Dec2.014.624.843.588.62.824.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

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South WharfWest MelbourneSouthbankNorth MelbourneSouth MelbournePort MelbourneMelbourneKensingtonCarltonAlbert Park

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