8/79 Droop StreetFootscray VIC 3011
Property Details for 8/79 Droop St, Footscray
8/79 Droop St, Footscray is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Footscray in the last 12 months.
Last Listing description (November 2023)
CENTRAL, AFFORDABLE AND UPDATED
This property presents the perfect opportunity to break in to the Footscray market, with a low-maintenance and central first home or investment.
Located less than 7kms from Melbourne's CBD, every amenity you could wish for is within arms stretch. Victoria University, the new Footscray Hospital site, Footscray Park, Barkly Street renowned bars and restaurants, Footscray Market and Footscray Train Station are all within a short walk. Tram and bus stops, positioned just metres from the driveway, make for an easy commute in and out of the city and surrounding suburbs.
Key features:
- Located at the rear of the building, on the top-floor with a treetop aspect
- Updated kitchen with stylish timber bench tops, breakfast bar, ample storage and subway tile splashback
- Light-filled, open plan living and dining space with treetop balcony access
- Spacious bedroom with great natural light, and built-in robes
- Generous central bathroom with shaving cabinet, shower with storage niche and laundry facilities
- Designated car space
- Large casement windows throughout
- Clean and well-maintained building
- New carpet in the bedroom and living space
- Block-out blinds and security door installed
Property History for 8/79 Droop St, Footscray, VIC 3011
- 03 Jan 2024Sold for $270,000
- 20 Nov 2023Listed for Sale Offers exceeding $275,000
- 20 Apr 2023Sold for $250,000
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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 14,288 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.
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