Docklandsí liveability rank continues to rise. In 2005 the suburb ranked just 207th in this study, but over time climbed to 129, then 88 and now 52. This improvement can be attributed to Docklandsí cultural rank (third city-wide), plus very strong retail, cafe, employment and walkability scores. It does not fare well for schools, congestion and topographic variation.
The suburb's 200 hectares of land and water are on Victoria Harbour, west of the city centre. The area is close to Melbourne's main transport networks, including Southern Cross Station, and is well known as the home to Etihad Stadium and many modern buildings, public spaces and artworks. From the original development at New Quay, featuring apartments, restaurants and marina, Docklands has grown as a waterfront precinct offering a mix of inner city living, shopping, business, parks, entertainment, dining, sporting events, community events, arts and culture. Docklands is the national headquarters for a number of major businesses.