1/29 Empire St, Footscray is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 813m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Footscray in the last 12 months.
This large, ground-floor flat is privately positioned at the rear of a boutique block of only 10 units. Light-filled and spacious throughout, with scope for improvement; this home presents as a perfect blank canvas opportunity for first homebuyers or smart investors.
Located approximately 7kms from Melbourne's CBD, all the desired amenities are within arm's stretch. Footscray Hospital, Footscray High School, Victoria University and the Maribyrnong River are just around the corner; and multiple reserves and parklands line the surrounding streets. For all your shopping needs, Highpoint Shopping Centre and Footscray Market are both just a 5min drive away. Numerous bus and tram stops are within a 2min walk, making for a quick and easy commute to/from the city and surrounding suburbs.
Key features:
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 14,293 properties. Over the last 5 years, Houses in Footscray have seen a 8.94% increase in median value, while Units have seen a 14.88% increase. As at 31 October 2024:
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