Docklands VIC 3008, Australia
Also written as Unit 503, 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 featuring two bedrooms and two bathrooms. The property is part of a multi‑storey residential development in Docklands
Several tram stops are within a short walk, including NewQuay Prom/Docklands Dr (about 0.1 km) and Waterfront City/Docklands Dr (around 0.2 km). This provides convenient access to the City Centre and surrounding precincts
The unit is near popular spots such as The District Docklands shopping mall, Docklands Stadium, and the O'Brien Icehouse. The Melbourne Star observation wheel and Waterfront City entertainment area are also within walking distance
Docklands is served by major roads like the Docklands Highway/Wurundjeri Way, Southern Cross railway station, numerous tram routes (City Circle, 70, 75, 11, 48, 30, 86), ferry terminals, and the Greenline bicycle and pedestrian path
According to the 2021 census, Docklands had a population of 15,495 residents
Docklands is an inner‑city, waterfront suburb known for its contemporary architecture, business headquarters, and mixed residential‑commercial precincts. While it offers a vibrant urban environment, public commentary notes limited green open space
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