518/188 Ballarat RoadFootscray VIC 3011
Property Details for 518/188 Ballarat Rd, Footscray
518/188 Ballarat Rd, Footscray is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (November 2023)
Never tenanted. Eligible for first home grant.
Overseas can buy.
Level 5, Unit 518, 2 bedrooms 2 bathrooms, 1 carpark, storage cage, 88sqm (internal area: 77sqm, Balcony: 11sqm)
Outgoings: OC fee $4,000p.a.
Aspect: East (City view & Suburb view)
(Price and offer subject to change without prior notice.)
Investment highlights:-
1. Location
2. Value matching with bank valuation
3. Potential to growth (3 more stages in planning, the entire project will be completed in 2025)
4. High quality
5. The Lifestyle
6. Low maintenance
Developer: R&F Property
Builder: L.U. Simon
Completion date: March 2020
Total Level: 14
Total units: 208
About the location:
Live City — a fully integrated, mixed-use, master planned community — is set to be the new beating heart of Footscray. It will rise triumphantly above its heritage grounds, boasting contemporary residences and communal rooftop facilities, all specially designed to turn every moment of life into a vibrant experience.
These affordable dwellings demonstrate world-class design by capturing the best angles, with each apartment featuring floor-to-ceiling glass that invites in the maximum amount of natural light and warmth during the day. The generously sized balconies command expansive outlooks over the suburb and city skyline, enhancing the living experience.
Connectivity is the key at Live City. The CBD is only 10 minutes away, and with excellent accessibility, via major arterial roads and public transport at your doorstep, you can arrive at your destination effortlessly. At Live City, you'll be close to Victoria University, a range of prestigious high schools, Highpoint Shopping Centre, hospitals, parklands, Maribyrnong River and Flemington Racecourse.
Contact us to book for a private inspection!
Property Code: 285
Property History for 518/188 Ballarat Rd, Footscray, VIC 3011
- 13 Nov 2024Listed for Sale $599,000
- 28 Mar 2024Listed for Sale Not Disclosed
- 15 Nov 2023Sold for $560,000
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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.
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