SOLD
Sold on 08 Apr 2024 for $930,000

303 Barkly Street
Footscray VIC 3011

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 250m2
Sold By
Burnham Real Estate
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Property Details for 303 Barkly St, Footscray

Building Type
Commercial
Land Size
250m2
Local Government
Maribyrnong
Lot/Plan
4/PS309569

Last Listing description (June 2024)

- Main Road Location
- Hundreds of Millions invested in Footscray
- residential high rise towers

- Major infrastructure project (new Footscray Hospital)
- Vacant Possession
- Rear access to carport (fit 4 cars)
- Land: 250m2 (approx.)
- Building: 160m2 (approx.)
- Multi office setup plus kitchen
- Separate bathroom facilities inc. shower
- Possible commercial/residential redevelopment (STCA)

Whether your search is for a retail/office premises to occupy, a commercial investment or a site to further develop, this offers both short and long term benefits and gains to be made.

Call today for further details & inspection!

Property History for 303 Barkly St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$930,000
08 Apr 2024
Listed for Rent
$1.15k/w
20 Nov 2023
  • 08 Apr 2024
    Sold for $930,000
  • 23 Aug 2023
    Listed for Sale $990,000
  • 30 Jan 2023
    Listed for Rent $60,000 / year
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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 14,248 properties. Over the last 5 years, Houses in Footscray have seen a 10.12% increase in median value, while Units have seen a 17.82% increase. As at 30 September 2024:

  • The median value for Houses in Footscray is $938,666 while the median value for Units is $495,454.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 94 properties listed for sale, and 49 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 576 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.