SOLD
Sold on 10 Feb 2024 for $740,000

11 Newman Drive
Footscray VIC 3011

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 94m2
Land area: 4551m2
Sold By
Village Real Estate Seddon
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Property Details for 11 Newman Dr, Footscray

11 Newman Dr, Footscray is a 2 bedroom, 1 bathroom Unit and was built in 2011. The property has a land size of 4551m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Footscray in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
94m2
Land Size
4551m2
Local Government
Maribyrnong
Lot/Plan
4B/PS637178

Last Listing description (February 2024)

Offering easy modern living and superb outdoor entertaining, this immaculately presented two-bedroom, double-story townhouse is contained within the Olympic Tyres office building - one of the Inner West's most significant historic landmarks. Soaring ceilings and light-filled interiors spill out to a excellent entertaining courtyard and north-facing balcony for effortless alfresco living, while walking distance proximity to cafes and eateries promises an excellent city-fringe lifestyle.

- perfect for home buyers and investors alike
- light-filled open-plan living

- well-appointed kitchen/meals with quality Blanco and Westinghouse appliances and plenty of storage
- two bedrooms with built-in robes and balcony access including a large master with study nook
- modern bathroom with European laundry
- soaring ceilings and an abundance of natural light
- quality floor treatments throughout, including stunning hardwood floorboards
- split-system heating and cooling + double-glazed windows
- sunny north-facing covered courtyard with rear access and a garden shed + north-facing balcony
- allocated parking for one car
- a fantastic city-fringe lifestyle awaits in the fabulous location! Walk to Barkly Village in less than ten minutes to explore its great selection of shops, cafes, and eateries, and enjoy the convenience of IGA just a six-minute stroll from home. Seddon Village is also an easy walk away, while proximity to Footscray and Yarraville places the best of the Inner West at your fingertips. Walk to Footscray West Primary School and Footscray High School's Barkly campus and enjoy moments-from-home access to Victoria University
- only 7km from the CBD with easy road access and regular citybound trains from West Footscray Station, a six-minute walk from home

Property History for 11 Newman Dr, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$740,000
10 Feb 2024
  • 10 Feb 2024
    Sold for $740,000
  • 17 Jan 2024
    Listed for Sale $660,000 - $720,000
  • 12 Feb 2011
    Sold for $514,000

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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 14,287 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 115 properties listed for sale, and 46 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 560 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.