Back 208B/8 Falcon Court
Off Market

208B/8 Falcon Court

Footscray VIC 3011

1
1
58 m²
Apartment
Last sold for $350,000
S.T. HewS.T. Hew, last sold this property on 22 October 2025 after 78 days on market.

Overview

SOLD - ADDITIONAL UNIT FOR SALE, CONTACT AGENT FOR MORE DETAILS

Invest with confidence in this well-appointed, oversized one-bedroom apartment (approx. 58 sqm) located in the award-winning Cowper Residences, a premium development next to Footscray Train Station. Boasting a fixed-term lease, this is a secure, turn-key investment opportunity with excellent income stability and minimal ongoing costs. Delivering a solid 6.95% gross annual rental yield, this apartment enjoys strong rental demand, thanks to its attractive layout, high-end finishes, and unbeatable location just 4km from Melbourne's CBD. Key Investment Features: - Securely leased at $2,086/month - Still in almost new conditions (3 years old), maximising depreciation potential - Low outgoings and high rental return - Low vacancy rates in a suburb with high 1-bedroom demand - Quick and easy access to train, tram, and bus transport hub (100m to Footscray Station) - Proximity to Victoria University, Footscray Hospital, and Footscray Market - Surrounded by vibrant cafes, restaurants, Coles, Kmart, and more - Easy connectivity to the CBD and inner-west lifestyle precincts Interior Highlights: - Spacious open-plan living with timber floors and abundant natural light - Designer kitchen with Miele appliances, gas cooktop, stone benchtops, and integrated dishwasher - Large bedroom with BIR, triple-glazed windows for peace and quiet - Stylish bathroom with rain shower, European laundry - Covered balcony for year-round outdoor enjoyment - Fujitsu split-system heating/cooling, secure intercom, and access to 24-hour gym Key Investment Potential: Footscray's growth is accelerating, with over $1.5 billion invested in the new Footscray Hospital (due 2025) and the upcoming Melbourne Airport Rail Link, set to significantly boost infrastructure, employment, and rental demand. This is a rare opportunity to acquire a secure, high-yielding property in one of Melbourne's fastest-growing and best-connected suburbs. Enquire now for an investor pack or to arrange a private inspection.

Features

1 bedroom
1 bathroom
58 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Footscray over the last 12 months, the estimated median property value of 208B/8 Falcon Court is $345k.

Median value
$345k
Estimated value range
$105k - $540k
Median days on market
40
Estimated value trend
3%
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 208B/8 Falcon Court

2025
Sold
$350,000
Private Sale/Treaty on 22 Oct 2025 by S.T. Hew, of CT Real Estate

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 105 reviews in Footscray over the last 12 months.

Local market activity for 1 bedroom apartments in Footscray

In the last 12 months, 78 one-bedroom apartments similar to 208B/8 Falcon Court, have been sold.

This represents a 16% increase in one-bedroom apartments sales when compared to the previous 12 months.

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