SOLD
Sold on 02 Feb 2024 for $555,000

1504/5 Joseph Road
Footscray VIC 3011

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Sold By
Chris Gotzilianis
McGrath Yarraville
Heather Jackson
McGrath Yarraville
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Property Details for 1504/5 Joseph Rd, Footscray

1504/5 Joseph Rd, Footscray is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. 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
Local Government
Maribyrnong
Lot/Plan
V1504/PS738260

Last Listing description (June 2024)

Blessed with a smart and stylish contemporary fit-out plus a very desirable layout and luminous interiors via north- and east-facing aspects, this sparkling, near-new apartment is the ideal launching pad to a brilliant lifestyle with the best of Footscray's amenities immediately accessible.

- Open living and dining with timber floorboards flow to the outside
- All-weather entertaining balcony captures stunning views of the Maribyrnong River and Western District

- Sleek gas kitchen with stainless steel Bosch appliances and kitchen island
- Well proportioned Master bedroom features built-in-robes and ensuite bathroom
- Second bedroom also fitted with built-in-robes
- Excellent opportunity for first-home buyers or smart investors
- Exceptional complex facilities including a communal rooftop, running track, pool, gym, function room and cinema.
- European laundry, security intercom
- Secure single off-street car space and storage cage, lift access
- Close to Maribyrnong River, parks, Footscray Market and Footscray Station
- Easy stroll to cafes, restaurants, and Footscray's shopping precinct

Property History for 1504/5 Joseph Rd, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$555,000
02 Feb 2024
Listed for Rent
$430/w
22 Dec 2021
  • 02 Feb 2024
    Sold for $555,000
  • 03 Oct 2022
    Listed for Sale offers closing $600,000-$650,000
  • 28 Oct 2021
    Listed for Rent $430 / 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 14,288 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 117 properties listed for sale, and 46 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 565 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.