Home/Properties/Docklands/1603/5 Caravel Lane
1603/5 Caravel Lane, Docklands$672,500
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1603/5 Caravel Lane

Docklands, VIC 3008, Australia
$650,000 – $695,000
2 bed 2 bath 1 car98 m²

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About this property

Marvel at the memorable harbour and city views from the comfortable confines of your spacious and stylish residence at 1603/5 Caravel Lane, Docklands. Located in the NewQuay precinct so close to The District Docklands, this two-bedroom, two-bathroom apartment promises plenty of size throughout, as well as giving you a lifestyle location that you will always treasure. The free-flowing nature of the sizeable living zone is an undoubted highlight, with the central area destined to be the buzzing hive of the apartment where you can delight in lounging, dining, and everything in between. Exceptional views can be experienced from this zone, as well as out on the generous undercover balcony which looks out to the CBD, Marvel Stadium, and Victoria Harbour. Cook up a storm in the functional and sleek kitchen, which covers all your cooking bases thanks to stone and timber detail, a meals counter for quick breakfasts and dinners on the go, and stainless-steel appliances. Secure Your Sanctuary Expansive main bedroom has a wide study nook and ensuite Built-in robes are a feature of both of the bedrooms Tasteful main bathroom, full laundry room Reverse cycle heating and cooling Secure car space in the secure Boyd Tower complex The Essentials Internal Area: 88m² External Area: 10m² Total Size: 98m² Expand Your Horizons Residents of Boyd Tower have access to a BBQ area, pool, gym, residents garden, and function room. Near The District Docklands which features Hoyts Cinemas, Woolworths supermarket, Dan Murphy's, Chemist Warehouse, and a wide range of specialty shops & restaurants. You're also close to Capital City Trail, Docklands Primary School and kindergarten, Marvel Stadium, leading universities, trams including the free City Circle line, Southern Cross Station, and a short walk to the Port Phillip Ferries. All information including the internal and external property area (floor size, address, and general property description) on the website has been provided to Lucas Real Estate by third parties. Information contained on the website should not be relied upon and homebuyers are encouraged to undertake due diligence before a property purchase. Please contact Thomas Tregonning on 0413 317 304 or Marcus Ting 0490 816 760 to secure this property today!

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
98 m²
Listed
1 month ago

Repayment calculator

$3,260/month
$1,630 /fortnight
Loan $538,000 at 6.10% over 30 years

Upfront costs

Deposit$134,500
Stamp duty$35,420
Conveyancing (est.)$2,000
Total upfront$171,920
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Docklands

This 2-bedroom apartment in Docklands, VIC 3008 sits within reach of public transport, local shops and nearby schools. It is listed 11% above the $605,000 median of 51 comparable apartmentswithin 5 km.

Schools near Docklands

  • Docklands Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Stop D10: NewQuay (tram)98 m away
  • Luxe Bathhouse343 m away
  • Monument Park93 m away
  • Newquay Central Park308 m away
  • Unnamed385 m away

Docklands at a glance

Full suburb profile
Population
15,495
Median age
32
Household income
$1,957/wk
Median rent
$411/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Docklands price trend

Median sold · Unit 2 bed

Compound growth -0.7% / yr over 4 yrs

$626kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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