SOLD
RECENT ADVICE
Sold on 28 Jun 2024 for $300,000

815/59 Paisley Street
Footscray VIC 3011

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 62m2
Sold By
Burnham Real Estate
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Property Details for 815/59 Paisley St, Footscray

815/59 Paisley St, Footscray is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Footscray in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
62m2
Local Government
Maribyrnong
Lot/Plan
815/PS641922

Last Listing description (July 2024)

A rare and rewarding opportunity, in the heart of Footscray, perfect for the first-time investor or smart homebuyer. There is a lot on offer with this purchase, it is more than just what meets the eye...

Positioned centrally, all desired amenities are within a short walk from this home.
Coles, Kmart and various other shops are located on the lowest level of the building; Footscray Market, Barkly Street bars and restaurants, Footscray Library, the new Footscray Hospital site and Victoria University are all just around the corner. For a quick and easy commute to/from the city and surrounding suburbs, Footscray Train Station is less than 500m away.

Key features:
- Stylish kitchen with stone benchtops, breakfast bar, ample storage and gas cooktop
- Light-filled, open-plan living and dining space
- Spacious bedroom, complete with large study nook and built-in robes
- Generous central bathroom with large European laundry and floor to ceiling tiles
- Balcony spanning the entire width of the apartment
- Approximately 60m2 total

Current investment opportunity:
- Currently leased by a renter paying $536 a fortnight through an NRAS agreement
- Lease expiry of 18/08/24, with opportunity to renew
- Additional NRAS incentive of $11,168.56 per annum (expiring 29/7/24)

Property History for 815/59 Paisley St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$300,000
28 Jun 2024
  • 28 Jun 2024
    Sold for $300,000
  • 13 May 2024
    Listed for Sale $285,000 - $305,000
  • 01 Nov 2023
    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 14,362 properties.

    There are currently 111 properties listed for sale, and 45 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 584 properties were sold in the past 12 months in Footscray.

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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.