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City of Melbourne
Docklands

Docklands Property Market
& Suburb Profile

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MEDIAN PRICES IN DOCKLANDS

Median house price

(all agencies, last 12 months)$1.4m*

House price change

(all agencies, last 12 months)-27.66%

Median unit price

(all agencies, last 12 months)$600k*

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

DOCKLANDS PRICE TRACKER

HousesUnits

DOCKLANDS SALES OVERVIEW

  • Sold by Auction 67%
  • Sold by Private Sale or Other Method 33%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)49

Average days on market (units)

(all agencies, 12 months)47

Auction clearance rate in Docklands

(all agencies, last 12 months)66%

Average held period in Docklands

(proptrack)9 years

DOCKLANDS INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$749pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$731pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)2.92%

Average rental yield for Units

(all agencies, last 12 months)6%

Docklands total population size

(as at the last census)15,495

Median household size in Docklands

(as at the last census)1.8

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

DOCKLANDS PROPERTY TYPES

  • Houses 2%
  • Units 64%
  • Other 34%

OCCUPANCY IN DOCKLANDS

  • Owned 30%
  • Rented 67%
  • Other/Not Stated 3%
  • Singles 39%
  • Families 51%
  • Other 9%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

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ABOUT DOCKLANDS

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 Marvel Stadium and a large number of modern buildings, public spaces and artworks.

From the original development at NewQuay, 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.

Education

Docklands Primary School
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SALES COMPARISON

Find out how Docklands median sales prices compare to neighbouring suburbs.

DOCKLANDS MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025626$980,000-27.66%1719$740pw4.46%
2024658$1,140,000-16.00%1842$722pw4.54%
2023593$1,303,250no change1945$697pw4.20%
2022564$1,303,75031.97%2036$647pw3.96%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025626$980,000-27.66%
2024658$1,140,000-16.00%
2023593$1,303,250no change
2022564$1,303,750+31.97%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
20251719$740pw4.46%
20241842$722pw4.54%
20231945$697pw4.20%
20222036$647pw3.96%

PROUDLY SERVICING Docklands

Barry Plant
Docklands

Shop 8, 818 Bourke Street
View on Google Maps

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.