OFF MARKET

503A/10 Droop Street
Footscray VIC 3011

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 61m2
Land area: 2652m2
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Property Details for 503a/10 Droop St, Footscray

503a/10 Droop St, Footscray is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 2652m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2011
Floor Size
61m2
Land Size
2652m2
Local Government
Maribyrnong
Lot/Plan
503A/PS539210

Last Listing description (June 2024)

Nestled in the heart of Footscray, this contemporary residence offers a turnkey opportunity that is perfectly suited for both homebuyers and investors. Bathed in natural light, meticulously maintained and cleverly upgraded, this affordable two-bedroom apartment is the ideal, move-in or rent ready property.

Located approximately 7km from the CBD; restaurants and cafes abound. Footscray train station, tram and bus stops are only minutes away from your doorstep. No matter what direction you're travelling, you will be situated central to all amenities.

Key features:

- Engineered timber floors throughout
- Kitchen featuring a custom island breakfast bench, as well as ample storage, chalkboard feature wall and a gas cooktop
- Light-filled, open plan living space with wall-to-wall, floor-to-ceiling glass sliding doors which open to the balcony
- Master bedroom with double built-in robes, ensuite, study nook and balcony access
- Spacious secondary bedroom with mirrored built-in robes
- Central bathroom with tub, shaving cabinet and floor-to-ceiling tiles
- Open view over Footscray's treetops and surrounding streets
- Split-system heating and cooling
- Electric wall panel heaters
- Secure, undercover carpark
- Undercover storage cage

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Property History for 503a/10 Droop St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$385,000
13 Oct 2023
Listed for Rent
$400/w
08 May 2018
  • 13 Oct 2023
    Sold for $385,000
  • 12 Sep 2023
    Listed for Sale SOLD - $385,000
  • 19 Oct 2021
    Sold for $373,000
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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 14,293 properties. Over the last 5 years, Houses in Footscray have seen a 8.94% increase in median value, while Units have seen a 14.88% increase. As at 31 October 2024:

  • The median value for Houses in Footscray is $950,860 while the median value for Units is $495,776.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 114 properties listed for sale, and 47 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 571 properties were sold in the past 12 months in Footscray.

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