SOLD
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Sold on 31 Aug 2024 for $99,000

302/51 Gordon Street
Footscray VIC 3011

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 302/51 Gordon St, Footscray

302/51 Gordon St, Footscray is a 1 bedroom, 1 bathroom Studio. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Studio sold in Footscray in the last 12 months.

Building Type
Studio
Local Government
Maribyrnong
Lot/Plan
302/PS524278

Last Listing description (August 2024)

Close to Victoria University, and Footscray hospital.

A solid investment opportunity returning $13,044.00 Per Annum.

Located within walking distance to Victoria University which makes it very attractive, considering all key amenities that surround this location.

It comprises an open plan kitchen/living/bedroom, central bathroom. Features split system heating and cooling and balcony.

The apartment is fully furnished and currently tenanted.

The apartment building offers coin laundry facilities, common living room and outdoor areas. tick all the boxes for potential tenants.

An ideal investment, short stroll to shopping, bus, tram stop out the front and only 7km approx. to CBD.

Property History for 302/51 Gordon St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$99,000
31 Aug 2024
Listed for Rent
$250/w
15 Aug 2024
  • 31 Aug 2024
    Sold for $99,000
  • 15 Aug 2024
    Listed for Rent $250 / week
  • 09 Jul 2024
    Listed for Sale $99,500
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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 14,368 properties. Over the last 5 years, Houses in Footscray have seen a 12.87% increase in median value, while Units have seen a 20.59% increase. As at 31 August 2024:

  • The median value for Houses in Footscray is $938,714 while the median value for Units is $499,666.
  • Houses have a median rent of $570 while Units have a median rent of $490.
There are currently 109 properties listed for sale, and 48 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 597 properties were sold in the past 12 months in Footscray.

Suburb Insights for Footscray 3011

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Pat Latorre
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George Errichiello
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Raine & Horne Ascot Vale
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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.