Docklands VIC 3008, Australia
Also written as Unit 1505, 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.
The property features two bedrooms. It is presented as a unit within the Docklands precinct
The unit sits on a land area of 3,175 m². This provides ample space for the residential layout
It is situated in Docklands, an inner‑city suburb on the western edge of Melbourne’s central business district, near the Yarra River. Docklands is a waterfront district known for contemporary architecture and business hubs
The property is within walking distance of several tram stops, including NewQuay Prom/Docklands Dr (about 0.1 km) and Waterfront City/Docklands Dr (around 0.2 km). These routes connect the area to the broader city network
Nearby accommodation includes Quest NewQuay (approximately 0.1 km away) and The Sebel Melbourne Docklands (0.1‑0.2 km). Four Points by Sheraton Melbourne Docklands is also within 0.3 km
The District Docklands shopping centre is about 0.3 km away, offering retail and dining options. The Melbourne Star observation wheel and O'Brien Icehouse are each within 0.5 km, providing leisure activities
Docklands Stadium is roughly 0.6 km from the unit, making it easily reachable for sporting events and concerts
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