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Sold on 04 May 2024 for $550,000

5/277-287 Barkly Street
Footscray VIC 3011

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Burnham Real Estate
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Property Details for 5/277-287 Barkly St, Footscray

5/277-287 Barkly St, Footscray is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Footscray in the last 12 months.

Building Type
Unit
Local Government
Maribyrnong

Last Listing description (June 2024)

Located on the ground floor of the historic Barkly Theatre; consume all the charm and prime positioning of this spacious two-bedroom home with additional separate study.

Upon entry to the boutique building, soak up the character of the 1914 theatre with ornate stairwells, repurposed ornamental ceiling roses, grand skylights, art deco features and wall murals of archived photographs.

Enjoy the spaciousness of the open plan living area that seamlessly guides you to the 58m2* private courtyard. The master bedroom also enjoys access to this unique outdoor offering. This apartment keeps giving with a separate, dedicated study for perfect work/life balance. A large central bathroom services both bedrooms, making this the perfect abode.

Located approximately 7kms from the city, on Footscray's coveted Barkly Street, enjoy all the amenities you desire. Revel in Footscray's burgeoning bar and restaurant scene, soak in nature with a walk at Footscray Park, bike ride along the Maribyrnong River or take a punt at Flemington Racecourse on race day. Victoria University, along with multiple schools like Footscray primary and high school are just around the corner. Minutes from the new Footscray Hospital. Footscray Train Station, along with multiple bus and tram stops are within a short walk - making it an easy commute in and out of the city.

This apartment presents itself as a rare and unmissable opportunity for homebuyers and investors alike.

Key features:
- Light-filled, open-plan living and dining area
- Kitchen with an abundance of storage, double sink and stone bench top
- Spacious bedrooms with built-in robes
- Central bathroom with large shower, vanity with storage and laundry facilities
- Video intercom and secure entry
- Drive-in, underground car spot on title.
*measurements are indicative only

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Property History for 5/277-287 Barkly St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$550,000
04 May 2024
Listed for Rent
$460/w
17 Mar 2023
  • 04 May 2024
    Sold for $550,000
  • 03 Apr 2024
    Listed for Sale $500,000 - $550,000
  • 27 Feb 2023
    Listed for Rent $460 / 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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