Docklands VIC 3008, Australia
Also written as Unit 1309, 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.
1309/20 Rakaia Way is a self‑contained unit offering one bedroom and one bathroom. The property also includes a single parking space (garage)
The unit is within 0.1 km of the NewQuay Prom/Docklands Dr tram stop and 0.2 km of the Waterfront City/Docklands Dr stop, providing access to several tram routes. Southern Cross railway station, the main rail interchange for the CBD, is also nearby, and major roads such as Wurundjeri Way run through Docklands
Docklands Stadium (Marvel Stadium) is about 0.6 km away, offering AFL, cricket and concert events. The O'Brien Icehouse and The District Docklands shopping and entertainment precinct, which includes the Melbourne Star observation wheel, are also within a short walk
The District Docklands shopping mall is just 0.3 km from the unit, featuring a variety of retail stores and cafés. In addition, several hotels such as Quest NewQuay, The Sebel Melbourne Docklands and Four Points by Sheraton are situated within 0.3 km, offering a range of dining venues
The property is located in Docklands, an inner‑city suburb on the western edge of Melbourne’s central business district. Docklands is a waterfront area along the Yarra River, known for its contemporary architecture, a 2021 population of 15,495, and a mix of residential, commercial and cultural landmarks
Docklands Park and the linear Harbour Esplanade run through the precinct, providing green space and walking paths close to the unit. The area also connects to the Greenline shared pedestrian and bicycle route along the Yarra River
Docklands hosts the national headquarters of several corporations, including National Australia Bank, ANZ Bank, Myer and Medibank, as well as the regional offices of Ericsson and the Bureau of Meteorology. These office hubs contribute to the suburb’s reputation as a sought‑after business address
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