Docklands at a glance
19,151
People
No data
Median sale
$703/wk
Median rent
No data
Suburb gross yield
VIC › Docklands › Marmion Pl
$620,000–$680,000
For sale
Asking range
2
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$620,000–$680,000
Asking range
No recorded sale for this property.
Docklands at a glance
19,151
People
No data
Median sale
$703/wk
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$37,525 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Docklands's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $703/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 5.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Docklands at a glance
19,151
People
No data
Median sale
$703/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by ICARE PROPERTYA rare opportunity to secure one of the finest investment apartments within the prestigious The Sebel Melbourne Docklands, this beautifully presented corner residence combines spectacular harbour views, premium furnishings and secure long-term rental income in one exceptional waterfront package.
Positioned on the second floor in the heart of the vibrant NewQuay precinct, this spacious 2-bedroom, 2-bathroom apartment with secure undercover parking offers the ideal balance of lifestyle, security and investment performance. Fully furnished and professionally managed by The Sebel Melbourne Docklands, it provides a genuine "set-and-forget" investment with consistent returns and minimal day-to-day management.
Bathed in natural light thanks to its highly sought-after corner position, the thoughtfully designed floorplan showcases a generous open-plan living and dining area flowing seamlessly onto a private balcony where stunning harbour views create an unforgettable backdrop. The contemporary stone kitchen is appointed with premium stainless steel Miele appliances, while two generous bedrooms with built-in robes—including a master with ensuite—provide comfortable accommodation for guests. A second bathroom, European laundry, reverse-cycle heating and cooling, secure intercom entry and quality furnishings complete this impressive offering.
Investment Highlights
* Currently returning $2,825.09 per month (approximately $33,901 per annum)
* Attractive gross rental yield of approximately 5.0%–5.5%
* Professionally managed by The Sebel Melbourne Docklands
* Long-term lease in place with the tenant holding four further options of five years each
* Next Market Rental Review: 9 March 2027
* Rental guarantee last reviewed in 2022
* Owner pays Council Rates and Owners Corporation Fees
* Tenant pays Water Rates, usage charges, utilities and normal operating expenses
Property Features
* Rare corner apartment with excellent natural light
* Spectacular harbour views
* Fully furnished with premium furniture included
* Spacious open-plan living and dining area
* Private balcony overlooking Victoria Harbour
* Designer stone kitchen with premium Miele appliances
* Two generous bedrooms with built-in robes
* Master bedroom with private ensuite
* Two modern bathrooms
* European laundry
* Reverse-cycle heating and cooling
* Secure video intercom
* Secure undercover car space
Resort-Style Amenities
Residents and guests enjoy exclusive access to an outstanding range of premium facilities including:
* Indoor heated lap pool
* Spa
* Fully equipped gymnasium
* Outdoor BBQ entertaining terrace
* Tennis court
* Private cinema
* Yoga and Pilates room
* Private dining room
* Business centre
* On-site concierge
Unbeatable Waterfront Lifestyle
Perfectly positioned within the highly sought-after NewQuay precinct, you'll enjoy immediate access to Melbourne's finest waterfront attractions.
Only moments from:
* The District Docklands Shopping Centre
* Hoyts Cinemas
* Woolworths
* Dan Murphy's
* Chemist Warehouse
* Waterfront cafés and restaurants
* Marvel Stadium
* Capital City Trail
* Docklands Primary School
* Free City Circle Tram
* Southern Cross Station
* Port Phillip Ferries
* Melbourne CBD
Whether you're expanding your investment portfolio, purchasing through your SMSF or securing a premium waterfront asset with reliable income, this exceptional apartment delivers the perfect combination of location, lifestyle and long-term investment security.
Opportunities to secure premium corner apartments with uninterrupted harbour views within The Sebel Melbourne Docklands are exceptionally rare. Contact Jimmy Ng 043 2442 788 today to arrange your private inspection and discover why Unit 205 is one of the standout investment opportunities currently available in Docklands.
All information including the internal and external property area (floor size, address, and general property description) on the website has been provided to iCare Real Estate by third parties. Information contained on the website should not be relied upon and homebuyers are encouraged to undertake due diligence before a property purchase.
Listing description written by Jimmy Ng, ICARE PROPERTY — reproduced as published, not verified by Districts.