53 Ryan Street, Footscray, VIC 3011 | House for sale | OnTheHouse
 
FOR SALE
$1,100,000 - $1,200,000View Property Price Statement

53 Ryan Street
Footscray VIC 3011

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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An Outstanding Opportunity in Thriving Footscray with Approved Plans & Permits

An outstanding opportunity in the heart of Footscray, 53 Ryan Street presents a compelling combination of immediate investment appeal and significant future development potential, all within one of Melbourne's most dynamic and rapidly evolving inner-west precincts.
Occupying a rectangular, north-facing allotment of approximately 184sqm, the property is positioned within the Activity Centre Zone and is further enhanced by convenient rear laneway vehicle access. Adding considerable value to the offering are approved plans and permits for an impressive five-level mixed-use development, comprising five commercial office spaces and two spacious two-bedroom, 2.5-bathroom residences.
For those looking to explore a different vision for the site, there is also potential to investigate alternative development outcomes, including an all-residential project, subject to council approval.
Beyond the property itself, the location places the very best of Footscray within easy reach. Renowned restaurants, cafés, shopping and local amenities are all nearby, while Footscray Railway Station and extensive public transport connections provide excellent accessibility throughout Melbourne. With the CBD approximately 6 kilometres away, the position continues to benefit from the convenience, connectivity and ongoing growth that has made Footscray such a sought-after inner-city destination.
Offering approved plans, rear access and a versatile Activity Centre Zone position, 53 Ryan Street represents a rare opportunity to secure a property with both immediate value and exciting future possibilities.

Property Details for 53 Ryan St, Footscray

53 Ryan St, Footscray is a 2 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for sale with Nicholas Scott.

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About Footscray 3011

The size of Footscray is approximately 5.0 square kilometres. There are 25 parks, covering nearly 15.1% of the total area. The population of Footscray in 2016 was 16345 people. By 2021 the population was 17131 showing a population growth of 4.8% in the area during that time. The predominant age group in Footscray is 30-39 years. Households in Footscray are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Footscray work in a professional occupation.In 2021, 41.30% of the homes in Footscray were owner-occupied compared with 36.60% in 2016.

Footscray has 14,915 properties. Over the last 5 years, Houses in Footscray have seen a -13.34% decrease in median value, while Units have seen a -3.01% decrease. As at 31 August 2026:

  • The median value for Houses in Footscray is $930,469 while the median value for Units is $489,138.
  • Houses have a median rent of $638 while Units have a median rent of $550.
There are currently 84 properties listed for sale, and 47 properties listed for rent in Footscray on OnTheHouse. According to Cotality's data, 688 properties were sold in the past 12 months in Footscray.

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Josh Iglesias
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Nicholas Scott
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