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Off Market

813/1 Warde Street

Footscray VIC 3011

1
1
Apartment
Timothy AuTimothy Au, last sold this property on 24 September 2026 after 90 days on market.

Overview

Beat Bank Savings Rates: $470/Wk Return | $300,000 Price Point at 1 Warde Street

Why Park Capital in the Bank Earning ~4% When You Can Secure an 8.15% Return? Perched on Level 8 of the completed Liberty One landmark tower (developed by Bensons Property Group), Unit 813 presents an unmatched cash-flow vehicle for high-yield, SMSF, and equity-building investors. At an accessible price guide of $300,000 and an active rental return of $470 per week, this property delivers immediate income while keeping entry capital minimal. Key Investment Pillars: 1. Massive Cash-Flow Performance: Generates an exceptional 8.15% gross yield and 6.65% net yielddramatically outperforming Melbourne's inner-city unit average (~5.2%) and traditional cash accounts. 2. Low-Vacancy Transit Precinct: Positioned just 200 meters from Footscray Station, making the lack of a car space non-existent for commuters with fast train access directly into the CBD. 3. High-Demand Medical & Academic Hub: Moments from the $1.5B Footscray Hospital medical precinct and Victoria University, securing a continuous tenant pool of healthcare professionals, academic staff, and students. 4. World-Class 'Liberty One' Facilities: Designed by CHT Architects and Elenberg Fraser, Liberty One offers luxury lifestyle infrastructure that drives tenant retention: - Open-air rooftop recreation area with outdoor cinema and dining facilities - Fully equipped state-of-the-art gym, open-air yoga space, and meditation zone - Exclusive residents' dining room, lounge, and shared library/business centre - Ground-floor retail, café, and bike storage Tax Depreciation Benefits: Modern construction standards provide tax depreciation allowances on plant, equipment, and building structure to further minimize taxable income. Investor Alert Whether expanding an existing portfolio or deploying SMSF capital into a high-yielding tangible asset, Unit 813 offers positive cash flow with minimal ongoing upkeep. Contact us today to receive the full financial overview or to arrange a private inspection.

Features

1 bedroom
1 bathroom
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 813/1 Warde Street is $352k.

Median value
$352k
Estimated value range
$244k - $540k
Median days on market
29
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 813/1 Warde Street

2026
Sold
Undisclosed
Private Sale/Treaty on 24 Sep 2026 by Timothy Au, of Lifein Real Estate Pty Ltd

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 92 reviews in Footscray over the last 12 months.

Local market activity for 1 bedroom apartments in Footscray

In the last 12 months, 76 one-bedroom apartments similar to 813/1 Warde Street, have been sold.

This represents a 14% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Footscray

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Alex Tsimiklis

Sellers who recommend Alex Tsimiklis have praised them for being clear communication, responsive, local expert, supportive, honest, hard-working and dedicated

  •   5   (122 reviews)
  •  10 Reviews in Footscray
  •  11 Sales in Footscray
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Matthew John

Matthew John is an award winning recommended agent for Footscray.  They have 14 local sales and collected 7 local reviews across the last 12 months.

  •   5   (516 reviews)
  •  7 Reviews in Footscray
  •  14 Sales in Footscray
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Elise Nemer

Sellers who recommend Elise Nemer have praised them for being clear communication, responsive, local expert, friendly, supportive, honest and detail-oriented

  •   5   (172 reviews)
  •  7 Reviews in Footscray
  •  11 Sales in Footscray
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Tate Moore

Sellers who recommend Tate Moore have praised them for being clear communication, local expert, honest, supportive, reliable, responsive and trustworthy

  •   4.9   (277 reviews)
  •  6 Reviews in Footscray
  •  11 Sales in Footscray
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