Docklands VIC 3008, Australia
Also written as Unit 113, 20 Rakaia Way.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
It is a unit comprising two bedrooms. The unit is part of a low‑rise residential building in Docklands
The unit at 113/20 Rakaia Way offers two bedrooms. This makes it suitable for small families or professionals seeking a compact home
It is located in Docklands, an inner‑city suburb on the western edge of Melbourne’s central business district. Docklands is bounded by Spencer Street, Wurundjeri Way and the Yarra River, offering a waterfront lifestyle
Several tram stops are within easy walking distance – NewQuay Prom/Docklands Dr (about 0.1 km) and Waterfront City/Docklands Dr (around 0.2 km). Southern Cross railway station is also close, providing train services to the wider metropolitan network
The District Docklands shopping centre lies roughly 0.3 km away, providing retail and dining options. Nearby hotels such as Quest NewQuay and The Sebel Melbourne Docklands are within 0.1–0.2 km, adding convenience for visitors
Docklands Stadium is approximately 0.6 km from the property, and the O’Brien Icehouse is about 0.5 km away, both offering sport and entertainment events. The Melbourne Star observation wheel is also nearby at roughly 0.4 km
Docklands had a population of 15,495 in the 2021 census, reflecting its growth as an inner‑city precinct. The area is characterised by contemporary architecture, waterfront views along the Yarra River, and a mix of residential, commercial and leisure amenities
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