56 Droop St, Footscray is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 451m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Footscray in the last 12 months.
This home's family past is reflected by the traditional dimensions and details of its three bedroom floor-plan while its future offers huge possibilities on some 451sqm in a prime Activity Zone position close to the new Footscray Hospital precinct.
Proximity to the area's rich range of additional lifestyle attractions including Barkly Street's abundant shops and cafes, Footscray Market, the train station and the Victoria University campus further enhances the opportunity to re-invent such a strategic address.
Scope for renovating or re-developing is complemented by the Activity Zone's encouragement of multi-level commercial and residential development, office spaces, consulting suites, medical centres and apartment buildings.
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 14,292 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:
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