Docklands

Docklands, an inner-western suburb of Melbourne, Victoria, is immediately adjacent to Melbourne’s Central Business District. It’s a modern and dynamic area known for its waterfront precincts, contemporary architecture, and vibrant urban atmosphere.

Demographic Profile

• Population: According to the 2021 census, the population of Docklands was 15,495 .
• Predominant Age Group: Popular among the 20-39 age group, appealing to young professionals and urban dwellers.
• Median Household Income: Generally higher, reflecting the suburb’s appeal to a more affluent demographic.
• Occupancy: There is a higher proportion of renters, with a mix of high-rise apartments and luxury dwellings.

Real Estate and Growth

• Median House Prices: Docklands primarily consists of apartments, so the median apartment price is around AUD 575,000.
• Rental Market: The median rent for apartments is about AUD 550 per week, catering to a market that values location and modern amenities.
• Market Trends: Docklands has significantly transformed over the past two decades, evolving into a residential and commercial development hub.

Education and Lifestyle

• Schools: While fewer schools within Docklands, there are many options in adjacent suburbs.
• Local Vibe: Known for its stylish, contemporary lifestyle, Docklands is a hub for dining, shopping, and entertainment, with a bustling waterfront precinct.
• Community Insights: The area is appreciated for its modern amenities, proximity to the city centre, and impressive skyline views.

Transportation

• Public Transport: Exceptionally well-serviced by public transport, including multiple tram routes and the Southern Cross Railway Station nearby.
• Accessibility: Easy access to major roads and footbridges connecting to the CBD.

Notable Features

• Waterfront Living: Docklands is renowned for its modern waterfront apartments and offices, offering stunning views and a unique living experience.
• Entertainment and Shopping: Home to several shopping and entertainment complexes, including The District Docklands, with cinemas, dining, and retail outlets.
• Recreational Areas: Features several urban parks and public art installations, focusing on contemporary design and waterfront ambience.

Docklands represents a distinctly modern and cosmopolitan aspect of Melbourne living. It’s especially attractive to those seeking an urban lifestyle, complete with all the conveniences of city living, set against a backdrop of architectural innovation and waterfront elegance.