1106/81 South Wharf Drive, Docklands VIC 3008
1106/81 South Wharf Drive, Docklands VIC 3008
loft-style apartment | 110 sqm generous footprint | waterfront Mirvac build | premium two-bath configuration | level 11 outlook
This property stands out in Docklands for its generous 110-square-metre floor plan, which is notably larger than many two-bedroom apartments in the suburb. The loft-style design and Mirvac waterfront development place it toward the upper end of the local market, appealing to buyers who value space and quality finishes over entry-level pricing. With two bathrooms and one car space, it suits owner-occupiers such as downsizers or professionals seeking amenity-rich inner-city living, as well as investors targeting a premium segment with strong rental demand evidenced by in-building leasing activity. The building’s gym, pool, and balcony access further reinforce its competitive position within Docklands’ apartment stock.
The property’s value may be influenced by its floor level and aspect, which are not confirmed but could affect light and views. The building’s age and construction date remain unverified, potentially impacting depreciation benefits or maintenance considerations. The high-density urban character of Docklands might limit privacy or outlook compared to lower-density suburbs. Buyers should weigh the property’s premium positioning against these factors, as well as the broader sales volume in the area, when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1106/81 South Wharf Drive, Docklands VIC 3008
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Docklands is a modern, high-density waterfront precinct offering a dynamic urban lifestyle. Demand is driven by professionals and investors seeking convenience and rental returns, evidenced by strong rental growth and quicker unit sales. Recent price trends show a softening house market with extended selling times, while units demonstrate relative stability. Future growth is anchored in its ongoing development and rental appeal, though sensitivity to broader market conditions and limited house turnover present notable constraints.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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