SOLD
Sold on 22 Jul 2024 for $322,000

1/29 Empire Street
Footscray VIC 3011

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 813m2
Sold By
Burnham Real Estate
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Property Details for 1/29 Empire St, Footscray

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.

Building Type
Unit
Year Built
1970
Floor Size
64m2
Land Size
813m2
Local Government
Maribyrnong
Lot/Plan
11/RP6317

Last Listing description (August 2024)

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:

- Huge, light-filled living room
- Updated kitchen with double sink, ample storage and generous meals area
- Bright and airy bedrooms with built-in robes
- Central bathroom with tub, vanity with storage and shaving cabinet
- Separate toilet
- Designated, undercover car space
- Large linen cupboard
- Sheer and block out blinds throughout
- Split system heating/cooling

Property History for 1/29 Empire St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$322,000
22 Jul 2024
Listed for Rent
$265/w
30 May 2022
  • 22 Jul 2024
    Sold for $322,000
  • 21 May 2024
    Listed for Sale $310,000 - $330,000
  • 20 Apr 2022
    Listed for Rent $265 / week
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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 14,293 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:

  • The median value for Houses in Footscray is $950,860 while the median value for Units is $495,776.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 107 properties listed for sale, and 47 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 575 properties were sold in the past 12 months in Footscray.

Suburb Insights for Footscray 3011

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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.