VIC · 3008

Docklands

Suburb profile, market snapshot and recent listings for Docklands, VIC 3008.

Docklands, VIC 3008

About Docklands

Welcome to Docklands

Docklands sits right on the edge of the Melbourne CBD, a waterfront precinct built largely on reclaimed port land along the Yarra River. It's one of the city's newest neighbourhoods, and it looks the part — glass towers, marinas and public art sit where shipping docks once stood, just a short walk from Southern Cross Station and the Southbank and West Melbourne districts.

With a population of 15,495 and a median age of just 32, Docklands has become a magnet for young professionals, students and downsizers drawn to apartment living with the city on the doorstep. It's a suburb built for people who want low-maintenance, high-convenience urban life rather than a garden and a garage.

Lifestyle & dining

Life in Docklands revolves around the water. The precinct's promenades along Victoria Harbour and New Quay are lined with restaurants, bars and cafes that fill up on weekend afternoons, and the area hosts regular markets, fireworks and events through the warmer months. Marvel Stadium anchors the eastern end of the suburb, drawing crowds for AFL, cricket and concerts, while the giant Melbourne Star observation wheel remains a familiar landmark on the skyline.

Because it borders Southbank and the CBD, residents can walk into Melbourne's broader restaurant and laneway bar scene in minutes, while still having a quieter, marina-side spot to come home to.

Shopping

Docklands has its own retail strip catering to daily needs, with supermarkets, specialty stores and cafes scattered through the harbourside developments. For bigger shopping trips, the DFO South Wharf outlet centre is right next door, and the full range of Melbourne CBD department stores, boutiques and the Queen Victoria Market are all within easy reach across the river.

Getting around

Transport is one of Docklands' strongest cards. Southern Cross Station, on the suburb's doorstep, connects to regional and metropolitan trains, V/Line services and airport buses, while free tram routes loop through the precinct and on into the CBD, Southbank and beyond. Docklands is also well set up for walking and cycling, with flat, well-lit paths along the harbour linking through to Port Melbourne and North Melbourne.

For drivers, the CityLink freeway has direct access points near the suburb, making runs to the airport or out to the inner west and south straightforward without needing to cut through city streets.

Schools & families

Docklands is best known as a lifestyle and investment address rather than a traditional family suburb, reflected in its young median age of 32. That said, Docklands Primary School serves local families directly within the precinct, and there's a growing cohort of parents raising young children in apartment life, taking advantage of nearby parks and the walkable, car-light streets.

Parks & recreation

Green and open space has been deliberately built into the Docklands masterplan. Waterfront promenades, harbour-front lawns and pocket parks give residents room to walk, run or sit by the water, while Marvel Stadium and the Docklands Community Hub provide indoor recreation and community programming. Port Melbourne's beaches and the Yarra River's running and cycling paths are also close by for those wanting more traditional outdoor options.

The property market

Unsurprisingly for a suburb built almost entirely on high-density development, apartments and units dominate the Docklands housing stock, making up around 95% of current listings, with houses and townhouses each accounting for a small fraction of the remainder. The median unit price sits at $626,000, positioning Docklands as an accessible entry point into inner-Melbourne living compared with more established, house-dominated pockets nearby such as West Melbourne or Port Melbourne.

Buyers and renters alike are typically drawn by the combination of CBD proximity, water views and building amenities like pools and gyms, which continue to underpin steady demand from investors, downsizers and professionals wanting to be close to work and the city's entertainment precincts.

Market snapshot

Docklands property market

Median price ranks #3,015 of 3,797 suburbs · pricier than 21%
Bedrooms

Median sale price

$626k

Unit · 2 bed

Median rent

$788

per week

Gross rental yield

6.5%

annual rent ÷ sale price

Typical price range

Entry

$425k

Median

$626k

Premium

$1.15m

Days on market

46

Auction clearance

0%

Sold this year

343

Median sold price trend · Unit 2 bed

Compound growth -0.7% / yr over 4 yrs

Median price by bedrooms · Unit

Property types on market

Share of current listings in Docklands by dwelling type.

Apartment / Unit95%
House3%
Townhouse1%
Other0%

Who lives here

Demographics

ABS Census 2021 figures for Docklands, VIC 3008.

Population

15,495

residents (2021)

Median age

32

years

Household income

$1,957

median, per week

Median rent

$411

per week

Median mortgage

$2,000

per month

Mortgage / income

24%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Docklands

Government school catchment

Docklands Primary School

Prep-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Docklands

$420k

403/915 Collins Street

apartment1 bd · 1 ba

Sold ~July 2026

$401k

102/3 Aquitania Way

apartment1 bd · 1 ba

Sold ~July 2026

$850k

303/9 Waterside Place

apartment2 bd · 2 ba · 2 car

Sold ~July 2026

$530k

3 Doepel Way

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$568k

1105/55 Merchant Street

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$430k

2107/628 Flinders Street

apartment1 bd · 1 ba

Sold ~July 2026

$760k

603/103 South Wharf Drive

apartment2 bd · 2 ba · 1 car

Sold ~July 2026

$1.38m

91 South Wharf Drive

townhouse3 bd · 2 ba · 2 car

Sold ~July 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Docklands

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Compare the area

Price map around Docklands

Every listing for sale near Docklands, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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DocklandsNearby suburbs

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Common questions

Docklands suburb FAQ

What is the median property price in Docklands?

The median unit price in Docklands, VIC is $626k for a 2-bedroom home. Over the past year, median sold prices have fallen about 4.4%.

How much is rent in Docklands?

The median weekly rent in Docklands is around $788 per week.

Is Docklands a good place to live?

Docklands is an inner-city suburb in Melbourne, Victoria, Australia, on the western end of the central business district. Docklands is an established residential suburb in VIC, with a population of around 15,495 and 1 school in the area.

What is the population of Docklands?

Docklands has a population of 15,495 (ABS 2021 Census), with a median age of 32.

What schools are in Docklands?

There is 1 school in or near Docklands, including Docklands Primary School.

How long do homes take to sell in Docklands?

Properties in Docklands take around 46 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Docklands?

Entry-level properties in Docklands start around $425k, while premium homes reach $1.15m.

What suburbs are near Docklands?

Suburbs near Docklands include South Wharf, West Melbourne, Southbank, Port Melbourne and North Melbourne.

Available now

Properties in Docklands

View all listings →
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For Sale
$700k–$769k
apartment

** Sale By Set Date - Thursday 23rd July @ 6pm (if not sold prior!) ** Expansive Waterfront Living with a 181sqm (approx.) Rare Entertainer's Terrace

1205/60 Siddeley Street, Docklands VIC 3008
211243 m²
Barry Plant Docklands3 weeks ago
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For Sale
Contact agent
apartment
StMate est. ~$595k

Sophisticated Corner Living with Uninterrupted Waterfront Views!

2406/50 Lorimer Street, Docklands VIC 3008
21187 m²
Real Estate Services by Mirvac3 months ago
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For Sale
$650k–$715k
apartment

STUNNING 12TH FLOOR HARBOUR VIEWS ON WATERS EDGE

1206/5 Caravel Lane, Docklands VIC 3008
22198 m²
Lucas Real Estate1 month ago
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For Sale
$650k–$710k
apartment

Water Front with Marina Views

1206/50 Lorimer Street, Docklands VIC 3008
211
KEYSTONE REAL ESTATE1 month ago
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For Sale
$1.65m–$1.75m
apartment

Crown Jewel of Yarra Point with River & City Views!

2902/1 Point Park Crescent, Docklands VIC 3008
322180 m²
Real Estate Services by Mirvac2 months ago
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For Sale
$540k–$570k
apartment

NORTH-FACING CORNER LIVING WITH TWO SUN-DRENCHED BALCONIES

1909/8 Marmion Place, Docklands VIC 3008
21183 m²
Lucas Real Estate2 weeks ago
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For Sale
$690k–$750k
apartment

AMAZING VIEWS, SUPERB SPACE, AND MODERN COMFORT

1803/15 Caravel Lane, Docklands VIC 3008
222101 m²
Lucas Real Estate4 weeks ago
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For Sale
$690k–$750k
apartment

Sophisticated Urban Sanctuary with Sweeping Water Views

3404/8 Pearl River Road, Docklands VIC 3008
22185 m²
Property Now1 month ago
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For Sale
$450k–$480k
apartment

Light-Filled Corner 2-Bedroom Residence with Expansive Open Views

601/241 Harbour Esplanade, Docklands VIC 3008
21175 m²
Forge Group Australia Pty Ltd2 weeks ago
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For Sale
$675k–$720k
apartment

DUAL KEY APPEAL WHICH OPENS UP SO MANY POSSIBILITIES!

2712/100 Harbour Esplanade, Docklands VIC 3008
22196 m²
Lucas Real Estate1 week ago
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NewFor Sale
$650k–$700k
apartment

Stunning Riverside Living at the Iconic Flinders Wharf available now!

1406/60 Siddeley Street, Docklands VIC 3008
21176 m²
Barry Plant Docklands6 days ago
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For Sale
$590k–$620k
apartment

Fabulous, Light-Filled & Super Spacious 2-Bedroom with Water Views Docklands Living at Its Best!

604/838 Bourke Street, Docklands VIC 3008
221
Professionals First & Co3 months ago
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