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Sold on 12 Mar 2024 for $515,000

8/78 Droop Street
Footscray VIC 3011

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 8/78 Droop St, Footscray

8/78 Droop St, Footscray is a 2 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Footscray in the last 12 months.

Building Type
Apartment
Local Government
Maribyrnong

Last Listing description (March 2024)

History And Heart In A Superb Lifestyle Location

• Sunny, oversized apartment within the historic ‘Maylene’ apartment complex

• Perfect for first-home buyers and investors

• Two enviably large bedrooms

• Spacious living room with leafy outlook and split-system heating/cooling

• Well-appointed kitchen with space for a washing machine

• Beautifully maintained retro-style bathroom with shower over bath and adjoining enclosed toilet

• Heritage features including timber floorboards and high ceilings

• As-new electric hot water service

• Security screen door at front entry

One of the Footscray Fire Brigade’s former residences, ‘Maylene’ is a historic Footscray landmark, now a charming boutique apartment complex embraced by well-maintained gardens.

One of only ten homes within the building, Number 8 presents an exciting opportunity to secure a beautifully presented apartment offering expansive proportions rarely found in more modern developments. Sun-filled interiors are accentuated by polished timber floorboards while soaring ceilings lend each room a luxurious sense of spaciousness and light.

Two oversized bedrooms provide enviably spacious accommodation, serviced by the charmingly retro bathroom with a full-sized bath, overhead shower and an adjoining toilet. The large living room enjoys a lovely leafy outlook and the comfort of split-system heating and cooling. Keen cooks will love the tastefully updated kitchen, where modern cabinetry and appliances merge effortlessly with the tiled original hearth, offering a superb reminder of the building’s long history.

Move-in-ready and perfectly situated to enjoy a fabulous city-fringe lifestyle, this is a must-inspect for those seeking apartment living with history and heart.

Why you’ll love this location:

An unbeatable city-fringe lifestyle awaits at ‘Maylene’, where every convenience is just moments from home and the CBD is only 7.2km* away.

Walk to Barkly Street’s bars and eateries in less than ten minutes* for a great night out with friends and enjoy the superb dining experiences and eclectic shopping of Footscray’s buzzing centre a 12-minute* walk from home. Pick up some fresh supplies at the incomparable Footscray Market and enjoy the convenience of Coles and Kmart, all within easy walking distance of home.

Immerse yourself in the magnificent gardens of Footscray Park, a nine-minute* walk away and stroll through parkland to reach the mighty Maribyrnong River in just 13 minutes* - the perfect route for your morning walk or jog.

Walk to Footscray Primary School and Footscray High School and enjoy enviable proximity to Victoria University, just a two-minute* stroll from your front door.

Easy access to public transport adds extra appeal, with trams at the doorstep, buses close by and Footscray Station an easy walk from home offering regular city-bound trains.

*Approximate

Property History for 8/78 Droop St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$515,000
12 Mar 2024
Listed for Rent
$360/w
04 Nov 2022
  • 12 Mar 2024
    Sold for $515,000
  • 21 Feb 2024
    Listed for Sale $450,000 - $495,000
  • 04 Nov 2022
    Listed for Rent $360 / 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 14,082 properties. Over the last 5 years, Houses in Footscray have seen a 16.97% increase in median value, while Units have seen a 17.44% increase. As at 31 July 2024:

  • The median value for Houses in Footscray is $966,727 while the median value for Units is $476,603.
  • Houses have a median rent of $570 while Units have a median rent of $490.
There are currently 111 properties listed for sale, and 44 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 591 properties were sold in the past 12 months in Footscray.

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Jade Silcock
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Rodrigo Covarrubias
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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.