1610/677 La Trobe Street, Docklands VIC 3008
1610/677 La Trobe Street, Docklands VIC 3008
2 bedroom, 1 bathroom, 1 secure car space apartment on the 16th floor of the M Docklands complex. Approximately 62 square metres internal with a balcony offering harbour views. Designed by Elenberg Fraser, the complex includes a pool, gym, and attached hotel. The unit features timber floors, Smeg appliances, stone benchtops, and split-system air conditioning. Council rates are around $1,200 per annum, water rates $800, and strata fees approximately $4,000.
This apartment is competitively positioned within Docklands for its combination of harbour views, premium architectural design, and low ongoing costs. The water-facing aspect and high floor level are rare for this price point in the precinct, and the Elenberg Fraser design adds a layer of quality that distinguishes it from standard stock. The building amenities and proximity to trams, Southern Cross Station, and the Stadium Precinct make it a strong fit for professionals or couples who value walkability and lifestyle access. It also suits investors seeking a property with manageable holding costs and consistent rental demand in a well-connected urban setting.
The strata fees at roughly $4,000 per annum are notably low for a building with a pool, gym, and hotel lobby, which may positively affect the property’s net return. However, the internal area of 62 square metres is compact for a two-bedroom apartment, which might limit appeal for buyers seeking more generous living space. The proximity to Marvel Stadium could introduce noise on event days, and the high-density environment means limited private outdoor space beyond the balcony. These factors should be weighed when forming a view on price, but none are unusual for the Docklands market.
Detailed Independent Property Report prepared by PropCred Analyst team for 1610/677 La Trobe Street, Docklands VIC 3008
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
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
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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