SOLD
Sold on 15 Jul 2024 for $680,000

406/8 Joseph Road
Footscray VIC 3011

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 9199m2
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Property Details for 406/8 Joseph Rd, Footscray

406/8 Joseph Rd, Footscray is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 9199m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Footscray in the last 12 months.

Building Type
Unit
Year Built
2021
Floor Size
83m2
Land Size
9199m2
Local Government
Maribyrnong
Lot/Plan
406D/PS810755

Last Listing description (July 2024)

This pristine two-bedroom, two-bathroom apartment feels brand new and offers sweeping panoramic views of Melbourne's CBD and the Yarra River, bringing a sense of serenity to high-rise living. Residents enjoy first-class amenities including an indoor swimming pool, fully equipped gym, games room, cinema, and a business center with desks and meeting rooms.

Located about 5 km from Melbourne's CBD, numerous amenities are just a short walk away. Footscray Train Station and Footscray Market are less than a kilometer away, Maribyrnong River walking tracks are virtually at your doorstep, and Highpoint Shopping Centre, Victoria University, and the new Footscray Hospital site are just around the corner.

The apartment features floor-to-ceiling windows framing views of the river and city. The open-plan living and dining area opens to an entertainer's balcony. The stylish kitchen includes a large island/breakfast bench and a butler's pantry. The entertainer's balcony is accessible from both the living/dining area and the bedroom. The spacious master suite comes with an ensuite, and there is a generous second bedroom. Both bedrooms have mirrored built-in robes with hanging space, shelves, and drawers. The central bathroom features shaving cabinets and floor-to-ceiling tiles.

Additional features include a European laundry, a secure undercover car space, video intercom, and secure building access. The property also boasts a study that could easily be converted into a third bedroom and offers unobstructed views of Melbourne's CBD and the Yarra River.

Property History for 406/8 Joseph Rd, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$680,000
15 Jul 2024
  • 15 Jul 2024
    Sold for $680,000
  • 13 Jun 2024
    Listed for Sale $680,000 - $720,000
  • 21 Dec 2020
    Sold for $660,000

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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, 578 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.