Home/Properties/Docklands/1609/5 Caravel Lane
1609/5 Caravel Lane, Docklands$420,000
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For Saleapartment

1609/5 Caravel Lane

Docklands, VIC 3008, Australia
$400,000 – $440,000
1 bed 1 bath 1 car60 m²

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About this property

Whether you're on the hunt for a stylish investment or want the place all to yourself, 1609/5 Caravel Lane, Docklands defines Boyd Tower brilliance! North-facing and delivering a superb 1-bedroom design, this inspired 16th floor apartment has a place in the NewQuay precinct not far from The District Docklands and the tranquil waterfront. You'll first notice the wonderful northern views upon entering this stylish and well-appointed residence. Whether you're appreciating the vistas from the open-plan living and meals zone, or out on the full-width balcony (which is very spacious), you'll always love having the views as a backdrop day and night. The central living area also incorporates the corner kitchen, which showcases elegant stone detail, stainless-steel splashback, and premium appliances. Secure Your Sanctuary Great rental returns for those looking for a smart investment North-facing bedroom has access out to the balcony Bedroom has walk-in robe storage and entry to the dual-access bathroom Euro laundry facilities in the bathroom Split system heat/cool Storage cage Secure car space The Essentials Internal Area: 50sqm External Area: 10sqm Total Size: 60sqm 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 Lynn Lum on 0474 044 293 or Mia Chen on 0413 096 455 to secure this property today!

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
60 m²
Listed
3 days ago

Repayment calculator

$2,036/month
$1,018 /fortnight
Loan $336,000 at 6.10% over 30 years

Upfront costs

Deposit$84,000
Stamp duty$20,270
Conveyancing (est.)$2,000
Total upfront$106,270
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 1-bedroom apartment in Docklands, VIC 3008 sits within reach of public transport, local shops and nearby schools. It is listed 31% below 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)99 m away
  • Luxe Bathhouse342 m away
  • Monument Park93 m away
  • Newquay Central Park307 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 1 bed

Compound growth -1.3% / yr over 4 yrs

$408kcurrent median

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Price history

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1 price change recorded for this property

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