11/204 Ballarat Rd, Footscray is a 3 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 2568m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
This oversized apartment originally featuring only 2 main bedrooms with built in robes, but the smart owners quickly noticed something very special apartment and that was its most convenient location. So they quickly split the already large lounge into 2 additional rooms by building a sound proof stud wall which simply continued the kitchen and dining areas wall. This converting this ground floor apartment into a 3.5 or 4 bedroom residence with an open plan style undated kitchen and adjoining meals area, a central bathroom that offered laundry options, a separate shower and a separate bath and toilet.
But what makes this property so attractive is simply its location. There are so many major amenities all within meters to this property that i just cant mention all of them, but the first that come to my real estate mind is short distance of 1.9km to Highpoint Shopping Centre - the largest super regional shopping centre in the West. another is the short distance of 900m to Victorian University which is now adjacent to a $1.5 billion Footscray Hospital that is currently under construction as well as only 300m to the Western Hospital. These and so many more other major facilities are all so easily accessible by two major forms of transport - Tram or Bus which is only a very short walk to the end of your drive way.
The owner repeated the high returns from this property for over the last 10 years now giving them opportunities they never thought they would be able to achieve before purchasing this property. Now, the owners are older and over due for a rest, so they are ready to pass on there success to the next smart buyer.
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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