🏬 Mixed useResidential ApartmentCompleted 2005

V1 Village Docklands

8-18 Mccrae Street, Docklands VIC 3008

  • 68 m tall Β· #42 in Docklands
  • 19 floors
  • 189 homes
  • 5 businesses
  • 189 car spaces

What's available here Add a listing link

Looking toIn this buildingArea guideSearch the building
Buyβ€”Unit median $585,000
Rentβ€”1-bed median $600/wk
Lease spaceβ€”β€”

Area guides are suburb medians, not this building's prices. Each link opens a Google search limited to that site.

21 years standing

Built in 1 yr 4 mths

  1. Sep 2003Construction started
  2. 2005Completed
  3. TodayStill standing

8 building permits Β· 3 news storiesFull timeline ↓

About V1 Village Docklands

V1 Village Docklands is an apartment tower in Docklands with 189 homes, classed as a mixed use building whose main use in the council census is residential apartments. Completed in 2005, it stands 68 m to the roof, and Walker Corporation and Kuok Group are both named as developers.

At a glance

Key facts

Building type
🏬 Mixed use
Completed
2005 Unconfirmed We don't have data to 100% confirm this data point as yet.
Height
68 m Unconfirmed We don't have data to 100% confirm this data point as yet.
#42 of 286 in Docklands
Floors
19 Unconfirmed We don't have data to 100% confirm this data point as yet.
Footprint
2,253 mΒ²
Homes
189 Unconfirmed We don't have data to 100% confirm this data point as yet.
Businesses
5
Car spaces
189
Strata plan
PS503695 Β· 500 lots
Planning zone
DZ3
Permits on record
8

Score cards

πŸš† Transport8/10

Southern Cross Station 4 min walk Β· 7 tram stops within 400 m

β˜• Everyday amenities9/10

42 cafΓ©s, 1 grocers, 1 medical within 250 m

🌳 Greenery8/10

118 street trees within 150 m Β· park 138 m away

✨ Activity6/10

12,069 people pass daily nearby Β· 14 licensed venues within 200 m

Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.

Apartments

The council hasn't recorded a bedroom breakdown for V1 Village Docklands.

πŸš— 189 residential car spaces recorded at this property, about 1 per home. Which apartments have a space isn't recorded, so check the listing.

City of Melbourne Development Activity Monitor and off-street car parks, CC BY 4.0.

The building team

The people and companies behind the design, construction and management of V1 Village Docklands.

+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†Southern Cross Station
Train station
4 min Β· 341 m
πŸš†Southern Cross Railway Station
Train station
5 min Β· 363 m
πŸš‹South Wharf/Wurundjeri Way #D5
Tram stop
1 min Β· 47 m
πŸš‹Batman's Hill/Collins St #D15
Tram stop
2 min Β· 153 m
πŸš‹Flinders Street West/Flinders St #D6
Tram stop
3 min Β· 223 m

Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.

Within a 3-minute walk

42β˜• CafΓ©s & eateries
1πŸ›’ Grocers
4πŸ‹οΈ Gyms
1🩺 Medical
1πŸ’Š Pharmacies
1🧸 Childcare
2🍷 Pubs & bars

Who lives in Docklands

Residents10,957
Median age32
Households renting62%
Households without a car39%
Walk to work27%
Public transport to work39%

ABS Census 2016 via City of Melbourne (CC BY).

Prices and rents around here

Suburb and area medians, not this building's prices.

Median unit price, Docklands$585,0002025 Β· -2.3% in a yearTrend since 2015
Yearly rent against price6.8%A $763/wk 2-bedroom rent for a year, against the $585,000 median unit priceBefore costs. Our estimate from two suburb medians, not advice.

Prices: Victorian Property Sales Report, Β© State of Victoria (Department of Transport and Planning), CC BY 4.0.

Median weekly rents for new leases, Docklands

ApartmentMedian rentChange in a yearTrend since Mar 2016New leases
1 bedroom$600/wk+7.1%1,240 in the year to Sep 2025
2 bedroom$763/wk+5.2%1,512 in the year to Sep 2025
3 bedroom$1200/wk+4.3%169 in the year to Sep 2025

Source: Homes Victoria Rental Report, CC BY 4.0. Area medians, not this building's rents.

Businesses in V1 Village Docklands

5 businesses recorded in the City of Melbourne's latest business census.

Gokotta Kaffe

Cafes and Restaurants

Knightstone

Accounting Services

Melbourne City Dental

Dental Services

My Sports Podiatrist

Other Allied Health Services

Ozone Clean Laundrettes

Laundry and Dry-Cleaning Services

Looking for space in V1 Village Docklands?

We'll try to put you in touch with an agent, though we can't promise a reply.
Source: City of Melbourne Census of Land Use and Employment, CC BY 4.0.

Timeline

Everything that has happened at V1 Village Docklands: listings, news, works, planning and history.

2020πŸ› 
Works
1 certificate Β· about $133k of new works
Largest: Shop 5&7 Dental Fitout (Dr Reshma Rahman Dental)
25 Sep 2018πŸ“°
News
Teachers Mutual Bank buys ground-floor shops at the base of V1 Tower, Docklands
Teachers Mutual Bank paid $1.28 million for two adjoining ground-floor retail spaces (shops 1 and 2) at the V1 Tower, 8-18 McCrae Street, which it will occupy. The shops were part of a portfolio of 14 shops listed for sale at the base of the building.
2018πŸ› 
Works
2 building permits Β· about $558k of new works
Largest: Tower 5 - Sky Signage
2017πŸ› 
Works
1 building permit Β· about $40k of new works
Largest: Level 5 & 7 - Internal alterations including new amenities and kitchenette
Dec 2016πŸ“°
News
Walker Corporation agrees to fund pool enclosure for Village Docklands
Walker Corporation agreed to give the owners corporation $200,000 to fund an enclosure for the building's level-five pool, with the work expected by March 2017. The article notes the building was originally planned as one of four residential towers under a Kuok Group masterplan, and is now the only residential building in Collins Square.
Sep 2014πŸ“°
News
Village Docklands residents object to Walker Corporation's Parcel 4E proposal
Residents of Village Docklands said a Walker Corporation proposal for parcel 4E, at the corner of Batman's Hill Drive and McCrae Street, would isolate the building and shade its level-five pool. The owners corporation had asked Walker Corporation to fund a pool roof as compensation, and the article reports it had received no commitment.
2009πŸ”„
Use change
Council census records it as residential apartment, 22 floors
Name recorded: V1 Village Docklands
2007πŸ› 
Works
1 building permit Β· about $10k of new works
Largest: (GF12) Village Docklands - CBS Fitout. Alterations to office internal works, Ground Floor.
2005πŸŽ‰
Milestone Β· Completed
V1 Village Docklands completed: 19 floors
Derived from City of Melbourne Development Activity Monitor
2005πŸ› 
Works
2 building permits Β· about $42k of new works
Largest: Retail tenancy GF02 shop fitout ground floor
2005πŸ“‹
First census
First council census entry: residential apartment, 22 floors
Sep 2003πŸ—
Milestone Β· Construction started
First major construction permit issued
Derived from City of Melbourne building permits
2003πŸ› 
Works
1 building permit Β· about $56.0m of new works
Largest: Construction of a new 21 storey building comprising 70 new dwellings with associated retail and car parking facilities Stage 1 - piling wor

Planning & heritage

Planning controls

ZoneDOCKLANDS ZONE - SCHEDULE 3 (DZ3)
DDO12Design and Development Overlay: limits on building height, setbacks and design
DDO51Design and Development Overlay: limits on building height, setbacks and design
DDO51-A3Design and Development Overlay: limits on building height, setbacks and design
DPO4Planning control
PO7Parking Overlay: controls on how much car parking new development can provide

Vicmap Planning, Β© State of Victoria (Department of Transport and Planning), CC BY 4.0. Plain-English summaries are ours. Check the planning scheme for exact controls.

Subdivision & permits

Plan of subdivision
PS503695
Lots on the plan
500
Owners corporation
Yes (common property)
Building permits on record
8
Estimated cost of works
About $56.8m
2003New works by year (estimated)2020

Costs are estimates declared on permits, not amounts spent. Stages of a project repeat its value, so we group them and count each project once. A value can cover a project spanning several buildings. Our calculation from City of Melbourne building permits, CC BY 4.0.

History of the site

How it's been recorded over time

2005Residential Apartment Β· 22 floors
2009Residential Apartment Β· 22 floors Β· "V1 Village Docklands"

City of Melbourne Census of Land Use and Employment, since 2002.

Community

What people say about V1 Village Docklands in public forums and groups, and reviews left here.

No public discussion found yet. Know a thread or group about V1 Village Docklands? .

Resident & tenant reviews

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Frequently asked questions

Is V1 Village Docklands residential or commercial?

V1 Village Docklands mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.

When was V1 Village Docklands built?

V1 Village Docklands was completed in 2005.

How many floors does V1 Village Docklands have?

V1 Village Docklands has 19 floors above ground.

How many apartments are in V1 Village Docklands?

V1 Village Docklands has 189 homes. The national address file lists 309 unit addresses here, and some of those can be shops or offices.

Does V1 Village Docklands have parking?

The City of Melbourne records 189 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

What do apartments cost near V1 Village Docklands?

The median unit price in Docklands was $585,000 in 2025, from the Victorian Property Sales Report. That's for the whole suburb, not this building.

What businesses are in V1 Village Docklands?

The latest council census counted 5 businesses in V1 Village Docklands, including Gokotta Kaffe, Knightstone and Melbourne City Dental.

Are there apartments for sale or rent in V1 Village Docklands?

See the residential listings on this page, or use the shortcuts to search 8-18 Mccrae Street on realestate.com.au and Domain.

Is there office or retail space for lease in V1 Village Docklands?

See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.

Who designed and built V1 Village Docklands?

Kuok Group developed V1 Village Docklands. The building team section has the sources.

How tall is V1 Village Docklands?

About 68 metres, measured from the City of Melbourne's 3D building model. It's number 42 of 286 buildings in Docklands by height.

What public transport is near V1 Village Docklands?

Southern Cross Station is the nearest train station, about 4 minutes' walk. The nearest tram stop is South Wharf/Wurundjeri Way #D5, about 1 minute's walk.

What is the planning zone for V1 Village Docklands?

The site is in the Docklands Zone - Schedule 3 (DZ3).

Does V1 Village Docklands have an owners corporation?

Plan of subdivision PS503695 has 500 lots and common property, which means it is managed by an owners corporation.

Has any of the building been sold?

Yes. In September 2018, Teachers Mutual Bank bought the ground-floor shops at the base of V1 Village Docklands.

Has any work been done on V1 Village Docklands recently?

The City of Melbourne has issued 8 building permits for V1 Village Docklands since 2003. The most recent was in December 2018.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
V1 Village DocklandsMixed useβ€”192005
Collins Square Tower 5Commercial67 m322018
Collins Square Tower B 1Commercial113 m222013
Two Melbourne QuarterCommercial128 m262020

That's Built compiles information from public records, research and contributions. Details are checked against multiple sources where possible but may contain errors and aren't professional advice. Sources: City of Melbourne building permits (CC BY 4.0), CLUE building information (CC BY 4.0), CLUE business establishments (CC BY 4.0), CLUE residential dwellings (CC BY 4.0), Development Activity Monitor (CC BY 4.0), Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). Street View and business details Β© Google Maps.

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