Back 605/51 Gordon St
Off Market

605/51 Gordon St

Footscray VIC 3011

1
1
1
Studio
Last sold for $116,000
Minh VuMinh Vu, last sold this property on 18 August 2025 after 2212 days on market.

Overview

Prime Investment in Inner West Footscray – Ideal for Investor or SMSFs

UNIsity @ Gordon St: purpose-built, furnished student accommodation, delivering hassle-free investment with strong rental returns-perfect for self-managed super funds or savvy investors. ✅ Why this property is ideal for investors: - High-yield return with approx. $290/week rental - 24/7 CCTV & intercom, secure on-site laundry, and shared recreation areas for tenant comfort and convenience ✅ Location & tenant demand: - Walk to Victoria University, making it in high demand from students - Steps from public transport, tram/bus stops, and Barkly St shops - Near Footscray Market, Maribyrnong River, Flemington Racecourse, Highpoint shopping, Footscray hospital ✅ SMSF & investor advantages: - Low management-as it's student-focussed and lightly managed - High rental consistency year-round from student tenancy - Great entry point into the Footscray market with long-term capital growth potential 📞 Investor call to action Don't miss out on this turnkey, high-yield opportunity in a fast-rising precinct. Ideal for your SMSF-low fuss, strong returns, and built-in tenant base. Contact us today to access full financials or schedule a viewing. #FootscrayInvestment #SMSFProperty #StudentAccommodation #InnerWestYields #VictoriaUnisity #FootscrayMarket #HighYieldInvesting #PassiveIncome #MelbourneRentals

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
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 605/51 Gordon St 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 605/51 Gordon St

2026
Rented
Undisclosed
Leased on 06 May 2026 by Luxe Property
2025
Sold
$116,000
18 Aug 2025 by Minh Vu, of LEO Real Estate
2022
Rented
Undisclosed
Leased on 28 Nov 2022 by Luxe Property

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 110 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 605/51 Gordon St, have been sold.

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

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