Back 503a/51 Gordon St
Off Market

503a/51 Gordon St

Footscray VIC 3011

1
1
0 m²
Apartment
Last sold for $91,000
Sam AbboudSam Abboud, last sold this property on 28 June 2018 after 22 days on market.

Overview

Studio apartment

Located in the familiar UNISITY student only accommodation complex, this fifth floor studio apartment presents an opportunity to enter the budget end of the investment market with a remarkable opportunity currently returning $10,400 per annum ($866 / calendar month). The studio-style floorplan includes a light-filled open-design bedroom/living area, stylish kitchenette and bathroom. Additional features extend to split-system, intercom communication and access, lift to secure entry foyer, residents' lounge, outdoor terrace and abundant laundry facilities. Supermarket at the entrance and tram stops at the front door, it's also close to Victoria University, the hospital precinct, riverside trails and parkland, Footscray central, Highpoint and Maribyrnong Aquatic Centre which in all make it a truly remarkable property that produces impressive returns.

Features

1 bedroom
1 bathroom
0 m² lot size
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 503a/51 Gordon St is $352k.

Median value
$352k
Estimated value range
$244k - $540k
Median days on market
39
Estimated value trend
4%
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 503a/51 Gordon St

2023
Rented
Undisclosed
Leased on 18 May 2023 by Luxe Property
2022
Rented
Undisclosed
Leased on 12 Feb 2022 by Luxe Property
2018
Sold
$91,000
28 Jun 2018 by Sam Abboud, of Woodards Ascot Vale

Happy sellers in Footscray

81%
81% 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 89 reviews in Footscray over the last 12 months.

Local market activity for 1 bedroom apartments in Footscray

In the last 12 months, 75 one-bedroom apartments similar to 503a/51 Gordon St, have been sold.

This represents a 11% increase in one-bedroom apartments sales when compared to the previous 12 months.

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