1205/60 Siddeley Street, Docklands VIC 3008
1205/60 Siddeley Street, Docklands VIC 3008
This is a 12th-floor apartment in the Flinders Wharf development with two bedrooms, one bathroom, and secure parking. It offers an estimated 253 square metres of internal space plus a 181 square metre private terrace, which is exceptionally large for a Docklands apartment. The property has been refreshed with new timber flooring and paint, and it includes ducted heating and cooling.
What is competitively strong about this property is the sheer scale of its private outdoor space, a 181 square metre terrace that is rarely found in Docklands apartments and fundamentally changes how the unit can be used. It functions more like a penthouse with a garden than a standard high-rise flat. The waterfront position provides panoramic views over the Yarra River and city skyline, and the Flinders Wharf complex is tightly held, meaning stock here does not turn over frequently. This property best serves a buyer who values indoor-outdoor living and entertaining, and who wants direct access to the South Wharf dining and retail precinct without sacrificing the amenity of a full-service building with concierge, pool, and gym.
Several factors may influence the property’s value and should be weighed carefully. The strata levies are approximately $7,000 per year, which is high and will affect ongoing holding costs. A flood overlay has been detected on the property, which may impact insurance premiums or future lending criteria. The internal size estimates vary between sources, so a physical inspection to confirm the actual floorplan is advisable. The property sits in a high-density urban precinct adjacent to Crown and Marvel Stadium, so noise from events and pedestrian traffic may be a consideration for some buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 1205/60 Siddeley Street, Docklands VIC 3008
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
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
1
Parking
1
Land
1.47 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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