FOR SALE
465000

Contact Agent For Address
Footscray VIC 3011

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 66m2
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Brand new apartment located in a prime location in Footscray! Ideal investment!

Located in a prime location in Footscray, this apartment complex is home to a mix of local young people, including commuters and students who work in City. The overall community atmosphere is vibrant, and the building is equipped with communal facilities such as a swimming pool and gym, making it a friendly and sociable place to live.
The location is excellent, and the neighborhood is well-equipped with all the amenities needed to provide residents with a convenient city life and a comfortable living environment. The beautiful surroundings and the river are just a few minutes' walk away, so you can enjoy the charm of both nature and the city.
Surroundings and amenities:
- Footscray Market: 5 minutes walk to meet the needs of daily life.
- Footscray Railway Station: 5 minutes walk to Melbourne City Center (CBD).
- Footscray Shopping Street: a few minutes walk to restaurants, cafes, supermarkets and more.
- Melbourne Business Center (CBD): only about 10 minutes drive or one train stop, perfect for work-life connections.
- Footscray's major new hospital: about 1.2km away, expected to open next year, creating 5,000 new jobs and breathing new life into the area.
- The Maribyrnong River: a few minutes walk to the river for nature and relaxation.
Footscray is experiencing rapid development and the area's infrastructure is well developed and cost-effective, making it an ideal place to live with a balance of convenience and comfort. In recent years, this area has attracted more and more local residents, and its close proximity to the CBD and fast-growing amenities make it a hot choice for investment and living.
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Property Details for Contact Agent For Address, Footscray

Contact Agent For Address, Footscray is a 2 bedroom, 2 bathroom Apartment. The property has a floor size of 66m2. The place is currently for sale with Oxbridge Property Group.

Building Type
Apartment
Floor Size
66m2

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About Footscray 3011

The size of Footscray is approximately 5 square kilometres. It has 25 parks covering nearly 15.1% of total area. The population of Footscray in 2011 was 13,202 people. By 2016 the population was 16,336 showing a population growth of 23.7% in the area during that time. The predominant age group in Footscray is 20-29 years. Households in Footscray are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Footscray work in a professional occupation. In 2011, 42% of the homes in Footscray were owner-occupied compared with 36.6% in 2016.

Footscray has 14,413 properties. Over the last 5 years, Houses in Footscray have seen a -2.37% decrease in median value, while Units have seen a 11.37% increase. As at 30 November 2024:

  • The median value for Houses in Footscray is $878,488 while the median value for Units is $500,425.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 112 properties listed for sale, and 44 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 569 properties were sold in the past 12 months in Footscray.

Suburb Insights for Footscray 3011

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Contact agent
David Kolliou
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Oxbridge Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.