Docklands became a part of the City of Melbourne municipality on 1 July 2007. The suburb’s 200 hectares of land and water are on Victoria Harbour, west of the city centre. Its inclusion doubled the size of Melbourne’s central city and returned a significant area of waterfront to the city. The area is close to Melbourne’s main transport networks, including Southern Cross Station, and is well-known as home to the Etihad Stadium and a large number of modern buildings, public spaces and artworks. From the original development at New Quay, featuring apartments, restaurants and marina, Docklands has grown as a waterfront precinct offering a mix of inner city living, shopping, business, parks, entertainment, dining, sporting events, community events, arts and culture. Docklands has also become the national headquarters for a number of major businesses, including the National Australia Bank, ANZ, Myer, AXA, Bendigo Bank, Medibank Private and the Bureau of Meteorology. It is estimated that by around 2031 Docklands will be a residential area for just under 16,000 people. Upon completion, Docklands is planned to attract 20 million visitors each year and be a workplace for 40,000 people daily.
The Docklands is a glittering inner-city suburb that also boasts stunning waterfront living. Docklands is a relatively new suburb and is just starting to attract a residential crowd.
The area also features a wide array of nightlife, restaurants and shopping options. From dining on the water to shopping at one of the many outlets in the area, the Docklands is a popular place for locals and tourist alike. Property in the Docklands is mainly high-rise apartment style living. Seeing as it is a recently established residential area, most of the apartment complexes are brand new and feature modern amenities and appliances.
If you are looking to find a home somewhere in the city and near the sea, Docklands is the perfect option for you.
Marshall White has over 50 years experience and is one of the leading real estate agents in the Docklands area and beyond. The Docklands real estate scene is still up and coming, making it an excellent time for buyers to enter the market.
While properties may be somewhat scarce, they are often more affordable compared to other inner-city suburbs. This trend is not expected to last and as the suburb gains in popularity, the prices are also expected to rise.
This means that buyers interested in Docklands real estate should act sooner rather than later.
If you are looking to enter the real estate scene in the Docklands, Marshall White is there to help you. Our Docklands real estate agents are not only experts in the area, but they also have a solid reputation and have helped clients just like you to find the perfect home at the perfect price.
If you are looking to sell a house in Docklands, Marshall White is also the leader in marketing, promoting and finding the right buyer for your home.
Our unrivaled techniques have worked for over 50 years and have helped us to score some of the best prices in the business. Marshall White has a proven track record when it comes to real estate in Docklands, and is the best choice for you and your home.
The Docklands is a lively suburb that is home to a vast array of eateries, entertainment and nightlife. Being in the heart of the city, Docklands is central to almost everything and is serviced by ample public transport.
The area is also famous for the shopping and features a popular outlet mall, Costco and so much more.
Homes for sale in Docklands range from million dollar penthouses to more modest apartment style living. Many of the apartment buildings in Docklands are also brand new, which means that most dwellings are move in ready.
All of this combined makes Docklands a popular suburb for professional independents, singles and couples.
Currently, around 43 percent of people looking for houses for sale in Docklands are independent youth, followed by older and more established singles at 20 percent. Real estate in Docklands also attracts a lot of attention from international buyers and those looking for secure investment properties.
Investors are excited about the Docklands area due to the boom that is expected to take place in the coming years.
Buyers interested in purchasing Dockland houses for sale can expect to pay anywhere from a million to $400k, depending on the exact size and amenities.
On average however, a 2-bedroom apartment sells for $599,000 and a studio apartment sells for $410,000. Due to the sheer number of young independents in the area, renting is also extremely popular in the Docklands.
Rents average $400 to $850 per week and competition is usually high. In fact, over 64 percent of those living in the Docklands area are renting. Check out our homes open for inspections now.
Are you looking for someone to manage your Docklands investment property?
Docklands is one of the finest areas in all of Melbourne to own an investment property and it’s easy to see why. The proximity to the city as well as the stunning ocean views, makes Docklands a top choice. Furthermore, property prices are also expected to rise as more and more renters continue to move into the area.
If you have a rental property that needs managing, our Marshall White relators are there to help you. We offer existing and new clients dedicated property management services, which aim to take all the stress and hassle out of managing your investment.
Our Docklands real estate team will do everything from finding the perfect tenants to managing any repairs and maintenance.
It is our dedication and commitment to go above and beyond for our clients that has made us one of the premier realtors in Melbourne.
Whether you are looking to buy, sell or simply need your rental property managed in Armadale, Beaumaris, Carnegie, Glen iris, Elwood, Hawthorn, Kooyong, Murrumbeena, Port Melbourne & many other suburbs around Melbourne Metro areas, Why not contact us today to see how we can assist you?