251 Ballarat RoadFootscray VIC 3011
Property Details for 251 Ballarat Rd, Footscray
251 Ballarat Rd, Footscray is a 8 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 421m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 8 bedroom House sold in Footscray in the last 12 months.
Last Listing description (February 2024)
Substantial timber home of 8 principal rooms displaying many incarnations over a good many years.
Site of approx 420sqm with ample yard space and off street parking for 3 or 4 vehicles together with a Mixed Use zoning, it indeed lends itself to a plethora of possibilities (STCA). Could be used as a 6 or 7 bedroom dwelling or easily adapted to comprise 1 bedroom self contained apartment plus 5 bedrooms and ample utility rooms, and potential to create a further entrance to separate room. Inspection by appointment or as advertised. Currently rented on monthly basis at $2160 pcm.
Terms 10% deposit, balance 60/90/120 days.
Property History for 251 Ballarat Rd, Footscray, VIC 3011
- 16 Dec 2023Sold for $830,000
- 23 Jan 2023Listed for Sale $895,000
- 19 Feb 2011Listed for Rent - Price not available
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0About 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 14,292 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.
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