Docklands VIC 3008, Australia
Also written as Unit 1509, 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 standalone unit featuring one bedroom and one bathroom, ideal for single living or a couple. The property is classified as a unit rather than a townhouse or apartment
The property includes a sizable 3,175 m² parcel of land, providing outdoor space uncommon for inner‑city units. This generous lot size adds flexibility for personal use or future landscaping
The unit includes a dedicated parking space for the resident’s use. This allocated space is listed as part of the property’s features
Within a half‑kilometre walk are The District Docklands shopping centre, Docklands Stadium, the Melbourne Star observation wheel, O’Brien Icehouse, and several hotels such as Four Points by Sheraton and The Sebel. These venues provide retail, entertainment, and dining options close to home
Several tram stops are within 0.5 km, including NewQuay Prom/Docklands Dr, Waterfront City/Docklands Dr, Central Pier/Harbour Esplanade, and Stadium Precinct/La Trobe St, offering direct links to the Melbourne CBD and surrounding suburbs
Docklands is an inner‑city waterfront suburb with a 2021 population of about 15,500 people. It is known for contemporary architecture, major corporate headquarters, and ongoing urban renewal projects
The unit is a short walk from Southern Cross railway station, the main passenger rail hub serving both metropolitan and intercity lines, enhancing connectivity to the wider city
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