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Suburb Insights ยท VIC 3008

Docklands 3008, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Docklands is an inner-city suburb of Melbourne, Australia, with a population of approximately 15,495, making it a smaller community. Located 2 km from the Melbourne CBD, Docklands is a inner city area in Victoria. The median household income is $101,764 AUD per year (ABS 2021 Census).

Investment Score

79 / 100 Good

Above-average earnings in Docklands support sustained property values. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Docklands, Victoria, Australia.

Key Indicators

Postcode
3008

Official Australia Post postcode for Docklands. A postcode may cover multiple suburbs.

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Population
15,495

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$411/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$101,764/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
2 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
4

Estimated 4 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
6

Estimated 6 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
0% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As an inner-city location, Docklands benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $411/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,000/month. A median household income of $101,764/year supports premium property values and indicates a well-employed resident base. With only 0% separate houses, Docklands has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Solid fundamentals in Docklands support capital growth over a medium to long hold period.

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Rental Yield

Rental yields in Docklands are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Renovation in Docklands requires careful cost analysis โ€” the margin is there but not always wide.

Risk Factors

Run the numbers on a Docklands property

Full Property Analysis

30-year projections for Docklands

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

The outlook for capital growth in Docklands is encouraging heading into 2026, driven by constrained supply and buyer competition. Tenant competition in Docklands continues to intensify, supporting landlords and rent stability. Overall, investor sentiment toward Docklands is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Docklands a good suburb for investment?

Docklands is a inner city area in Victoria with a population of 15,495. The median rent is $411/week and the median household income is $101,764/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Docklands?

Key demand drivers in Docklands include employment proximity and urban lifestyle. 0% of dwellings are separate houses. The area has approximately 4 schools and 6 parks nearby.

What is the population of Docklands?

According to the ABS 2021 Census, Docklands has a population of approximately 15,495. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Docklands from the Melbourne CBD?

Docklands is approximately 2 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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