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Sold on 10 Oct 2024 for $695,000

718/1 Moreland Street
Footscray VIC 3011

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 98m2
Land area: 8680m2
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Property Details for 718/1 Moreland St, Footscray

718/1 Moreland St, Footscray is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 8680m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Unit sold in Footscray in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
98m2
Land Size
8680m2
Local Government
Maribyrnong
Lot/Plan
718/PS600696

Last Listing description (October 2024)

Welcome to 718/1 Moreland St, Footscray - a stunning 3-bedroom, 2-bathroom apartment that blends modern luxury with a prime location. This apartment is part of a beautiful building that offers sophisticated urban living at its finest. Boasting two secure car spaces, it's perfect for those seeking both style and convenience.The spacious interiors are filled with natural light, offering open-plan living and dining areas ideal for entertaining or relaxing. 2 out of the 3 bedroom features ample storage, while the two sleek bathrooms provide a touch of elegance. Enjoy the vibrant lifestyle that Footscray has to offer, with shops, cafes, parks, and public transport all within easy reach.This is an incredible opportunity to secure a prime piece of Footscray living!

Property History for 718/1 Moreland St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$695,000
10 Oct 2024
Listed for Rent
$580/w
27 May 2021
  • 10 Oct 2024
    Sold for $695,000
  • 26 Sep 2024
    Listed for Sale $640,000 - $680,000
  • 21 May 2021
    Listed for Rent $580 / 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 14,248 properties. Over the last 5 years, Houses in Footscray have seen a 10.12% increase in median value, while Units have seen a 17.82% increase. As at 30 September 2024:

  • The median value for Houses in Footscray is $938,666 while the median value for Units is $495,454.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 94 properties listed for sale, and 49 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 576 properties were sold in the past 12 months in Footscray.

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