OFF MARKET

4/72 Droop Street
Footscray VIC 3011

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 693m2
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Property Details for 4/72 Droop St, Footscray

4/72 Droop St, Footscray is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 693m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1970
Floor Size
83m2
Land Size
693m2
Local Government
Maribyrnong
Lot/Plan
4/RP6681

Last Listing description (November 2022)

Relish the soothing tranquillity that can only be sparked by a location close to Footscray Park and the Maribyrnong River with this immaculate two bedroom unit; instantly comfortable whilst delivering exciting opportunity to enhance/personalise (Subject to Relevant Approval). Nestled within the top floor of a well-maintained low-density complex, the expansive floorplan boasts approximately 74m2 in total space and benefits from an inviting light-filled ambience. The spacious lounge offers relaxation and leads to a private balcony, as the neat kitchen/meals is equipped in gas cooking appliances, tiled splashback and great use of cabinetry. A bright central bathroom comprising laundry facilities services the carpeted bedrooms fitted with built-in-robes. There is also an electric wall heating panel and a designated undercover car space. With everything you need less than 7km to Melbourne's vivacious CBD, it's just moments to Victoria University's Footscray Campus and surrounded by Footscray Market/Station, popular eateries, scenic walking/cycling trails, plus a five minute drive to Showgrounds/Kensington Villages and Flemington Racecourse.

Online Auction Link: https://x5u9a.app.goo.gl/Lk5L

Property History for 4/72 Droop St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$413,999
04 Nov 2022
Listed for Rent
$280/w
27 Jul 2021
  • 04 Nov 2022
    Sold for $413,999
  • 30 Sep 2022
    Listed for Sale Contact Agent
  • 10 Mar 2021
    Listed for Rent $320 / 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 14,082 properties. Over the last 5 years, Houses in Footscray have seen a 16.97% increase in median value, while Units have seen a 17.44% increase. As at 31 July 2024:

  • The median value for Houses in Footscray is $966,727 while the median value for Units is $476,603.
  • Houses have a median rent of $570 while Units have a median rent of $490.
There are currently 111 properties listed for sale, and 44 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 591 properties were sold in the past 12 months in Footscray.

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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.