Back 16/117 Ballarat Rd
Off Market

16/117 Ballarat Rd

Footscray VIC 3011

1
1
Studio
Gavin ZeitzGavin Zeitz, last sold this property on 11 June 2025 after 120 days on market.

Overview

Incredible Yield Student Apartment – Prime Footscray Location! $330 per week

An unbeatable investment opportunity, this fully furnished student apartment in a high-demand complex offers a strong rental return of $1434 per month. Ideally positioned on Ballarat Road, students enjoy easy access to Victoria University (walking distance) and city-based campuses via tram (20 minutes to CBD). This secure complex features 41 well-maintained student apartments and is conveniently located near Barkly Street shops, Footscray Market, and Maribyrnong River parklands. The bright, modern unit includes a spacious bedroom/living area, fully equipped kitchenette, large bathroom with a washing machine, air conditioning, and built-in storage. Building Features: * High return investment $1434 per month income * Secure entry with intercom & swipe access * Fully furnished, ready for tenancy * WIFI available via BIG AIR WIFI * Modern kitchenette with gas stove, fridge & microwave * Spacious bathroom with washing machine * Prime location near transport, shops & universities A rare high-return investment in a sought-after student hub-enquire today!

Features

1 bedroom
1 bathroom
Studio

Estimated Value

Based on this property and similar 1 bedroom studios sold in Footscray over the last 12 months, the estimated median property value of 16/117 Ballarat Rd is $127k.

Median value
$127k
Estimated value range
$116k - $135k
Median days on market
49
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Footscray. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16/117 Ballarat Rd

2025
Sold
Undisclosed
11 Jun 2025 by Gavin Zeitz, of G&H Property Group

Happy sellers in Footscray

80%
80% of sellers in Footscray reported that their sale price either exceeded or met their price expectations.

Footscray stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 109 reviews in Footscray over the last 12 months.

Local market activity for 1 bedroom studios in Footscray

In the last 12 months, 5 one-bedroom studios similar to 16/117 Ballarat Rd, have been sold.

This represents a 20% decrease in one-bedroom studios sales when compared to the previous 12 months.

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