Docklands VIC 3008, Australia
Also written as Unit 706, 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 is a unit located at 706/20 Rakaia Way. It offers two bedrooms, two bathrooms and sits on a generous 3,175 m² parcel of land
The unit provides two bedrooms and two bathrooms, making it suitable for small families or professionals seeking a balanced living space
Docklands is an inner‑city suburb of Melbourne with a 2021 population of about 15,500. It is a waterfront precinct known for contemporary architecture, major landmarks such as Docklands Stadium and the Melbourne Star, and a vibrant mix of residential and commercial activity
Several tram stops are within a few hundred metres, including NewQuay Prom/Docklands Dr (0.1 km) and Waterfront City/Docklands Dr (0.2 km). Southern Cross railway station, the main rail hub, lies just to the east of Docklands and is easily reachable on foot
The District Docklands shopping mall is about 0.3 km away, offering retail, dining and entertainment options. Nearby attractions also include the Melbourne Star observation wheel, Docklands Stadium and the O'Brien Icehouse, all within walking distance
Docklands Primary School is located roughly 0.3 km from the property, providing a convenient government primary education option for families
Originally swamp land, Docklands transformed from a 19th‑century dock and industrial hub into a modern waterfront precinct after extensive urban renewal beginning in the early 2000s. Today it blends heritage structures with new high‑rise apartments and commercial towers
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