Docklands (VIC 3008): property prices & suburb profile

Docklands property prices

The typical Docklands unit sold for around $573,000 in the year to 2025-Q4, +5.9% over 10 years and -4.4% over 5 years.

• Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
• The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
• The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
• Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
• Periods with fewer than 5 recorded sales are excluded.

Docklands medians by quarter

The most recent quarter on record for Docklands is 2025-Q4.

• Sale counts are shown so you can judge how solid each median is.

Who lives in Docklands

Docklands has a median age of 32 and a median household income of $1,957 a week.

• Figures labelled Docklands are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Docklands" and postcode 3008 both extend beyond Docklands.
• SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Docklands

The only school in Docklands sits at the 92nd percentile nationally on ACARA's socio-educational index.

• ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
• Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
• Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Docklands

Docklands's typical unit price of $573,000 is the 2nd highest of the 3 Melbourne Inner suburbs we cover.

• Albert Park 3206

  $2,309,000 typical house price

• Armadale 3143

  $2,643,000 typical house price

• Balaclava 3183

  $1,402,000 typical house price

• Carlton 3053

  $1,542,000 typical house price

• Collingwood 3066

  $1,321,000 typical house price

• Elwood 3184

  $2,203,000 typical house price

• Fitzroy 3065

  $1,575,000 typical house price

• Fitzroy North 3068

  $1,661,000 typical house price

All Melbourne Inner suburb research

Docklands: common questions

How much does a unit cost in Docklands?

About $573,000 across the 12 months to 2025-Q4, from 566 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.

Have Docklands prices gone up?

Prices have risen 5.9% over 10 years and moved -4.4% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.

Can I see Docklands prices street by street?

Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.

Which schools are in Docklands?

Docklands has 1 ACARA-registered school: Docklands Primary School.