SOLD
Sold on 02 Feb 2024 for $435,000

16/131 Hyde Street
Footscray VIC 3011

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 5540m2
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Property Details for 16/131 Hyde St, Footscray

Building Type
Commercial
Land Size
5540m2
Local Government
Maribyrnong
Lot/Plan
16/PS701764

Last Listing description (March 2022)

Perfectly positioned in the expanding inner west corridor, this outstanding office space is located within close proximity to the CBD and major arterial roads.

Spanning over 3 levels
Located in sought after Hyde Business park

Building size: 80sqm (approx.)
Two car parks
Easy access to West Gate Freeway and Footscray Road
Minutes to Seddon railway station
Ample natural light
Modern amenities with shower and fully functioning kitchenette

Open for Inspection:
Thursday 17th Feb 12pm 12:30pm

For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial on 9419 5511.

Property History for 16/131 Hyde St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$435,000
02 Feb 2024
Listed for Rent
$390/w
22 Mar 2019
  • 02 Feb 2024
    Sold for $435,000
  • 29 Mar 2022
    Sold for $390,000
  • 11 Feb 2022
    Listed for Sale $409,000
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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 14,288 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.