SOLD
Sold on 12 Apr 2024 for $395,000

7 Rayner Street
Footscray VIC 3011

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 44m2
Sold By
Milrose Real Estate
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Property Details for 7 Rayner St, Footscray

7 Rayner St, Footscray is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2018. The property has a land size of 44m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom House sold in Footscray in the last 12 months.

Building Type
House
Year Built
2018
Floor Size
56m2
Land Size
44m2
Local Government
Maribyrnong
Lot/Plan
4/PS800587

Last Listing description (November 2024)

LJ Hooker Altona North is introducing this stylish one-bedroom residence with New York loft-inspired design, crafted for modern urban living. This home offers a perfect blend of elegance and comfort, creating an inviting space that instantly feels like home. Featuring a thoughtfully designed layout, the property includes a spacious bedroom, a sleek bathroom with a European laundry, and an open-plan kitchen, living, and dining area.

The kitchen is equipped with stainless steel appliances, including a dishwasher, providing both functionality and modern convenience. Step outside onto the generous balcony, where you can enjoy fresh air year-round, complemented by the comfort of split-system heating and cooling.

Location is key, and this property shines with its prime positioning-just a short walk to Gordon Street Bakery and a convenient 10-minute stroll to Victoria University. Proximity to the CBD and easy access to tram and bus routes make this home ideal for those seeking connectivity and convenience.

What truly sets this home apart is its commitment to sustainability. With a remarkable 6+ Star energy rating, the property generates double the energy it consumes, leading to a dramatic decrease in electricity bills (subject to standard usage). Premium energy-efficient features include top-of-the-line Miele appliances, a highly efficient hot water heat pump (14 times more efficient than traditional systems), Daikin reverse-cycle heating and cooling, cross-flow ventilation, and an advanced micro-inverter PV system by Enphase and SunPower.

This urban sanctuary provides a seamless blend of tranquil living and environmental responsibility. Experience the perfect balance of convenience, sustainability, and modern design in your very own city oasis.

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Property History for 7 Rayner St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$395,000
12 Apr 2024
Listed for Rent
$410/w
18 Nov 2024
  • 18 Sep 2024
    Listed for Rent $410 / week
  • 12 Apr 2024
    Sold for $395,000
  • 24 Jan 2024
    Listed for Sale Not Disclosed
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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 14,288 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 116 properties listed for sale, and 46 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 565 properties were sold in the past 12 months in Footscray.

Suburb Insights for Footscray 3011

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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.