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Sold on 22 May 2024 - Price Unavailable

16/31 Moreland Street
Footscray VIC 3011

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 16/31 Moreland St, Footscray

16/31 Moreland St, Footscray is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in Footscray in the last 12 months.

Building Type
Apartment

Last Listing description (May 2024)

INSPECTIONS STRICTLY AS ADVERTISED

The Feel:
Welcome to the heartbeat of Footscray's vibrant arts precinct. This unique loft-style warehouse conversion at 16/31 Moreland Street offers a rare blend of contemporary living and industrial charm.

The huge open-plan design with its double-height ceilings that have windows which flood the space with natural light, create a truly inviting atmosphere. Equivalent in size to most 2 bedroom apartments, there is scope to make even more with the expansive space should you desire. Indulge in the luxury of a spa bath and relish the convenience of ample storage. This is urban living at its most functional and desirable - bars, cafés, restaurants, Footscray Community Arts Centre and the wonderful river precinct all surround you in this chic and unique home.

The Facts:
- Double-height ceilings, sawtooth windows in an oversized, original warehouse loft conversion sets this property apart
- Generously sized balcony provides an excellent outdoor space with a view of the Melbourne city skyline
- Gym, Pool, and Sauna – an urban oasis at your disposal
- Boasting a spacious open-plan layout that accommodates dining, living and study areas seamlessly
- The large kitchen features modern appliances, stone benchtops and a double sink, all in line with the chic warehouse aesthetic
- Stay comfortable year-round with a split system providing both heating and cooling
- Revel in the distinctive details, including a spa bath, European-style laundry and abundant natural light, making this home as functional as it is stylish
- Prime Riverside Location in the Arts Precinct: Immerse yourself in Footscray's arts and culture scene, with great bars, shops and cafés right at your doorstep
- Embrace the scenic riverside walks and enjoy the cultural events and green spaces that are on offer to you with spectacular views of the city skyline
- Easy transport links mean you're just 8 minutes away from Melbourne's CBD, making this home a perfect blend of convenience and lifestyle
- Secure undercover parking and additional storage options, enhancing the practicality of this unique urban dwelling

Enquire now about this rarely available loft-style warehouse conversion – your urban retreat in the heart of Footscray's thriving arts and culture precinct.

Property History for 16/31 Moreland St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
22 May 2024
Listed for Rent
$335/w
24 Aug 2016
  • 17 May 2024
    Sold for $430,000
  • 25 Apr 2024
    Listed for Sale $395,000 - $434,500
  • 17 Aug 2016
    Listed for Rent $335 / 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 115 properties listed for sale, and 45 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 564 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.