1-9 Nicholson StreetFootscray VIC 3011
Property Details for 1-9 Nicholson St, Footscray
1-9 Nicholson St, Footscray is a 6 bedroom, 6 bathroom Unit with 1 parking spaces. The property has a land size of 798m2.
Last Listing description (September 2025)
This block of 6 one bedroom apartments, all separately titled, represents an exceptional investment in a Seddon setting that's certain to be always popular due to its desirable proximity to the CBD, the station, schools, parks and the village vibe for which the area is so well known. All these apartments are currently leased, returning a total per annum rental income of $97,000 from the block while straightforward scope for further updating and enhancing the units suggests options for achieving a higher yield in the future. The attraction of the investment is illustrated by the block's leafy surroundings and spaces that include 3 ground level apartments with courtyards beneath 3 upper level properties, each with pitched ceilings and balconies. All the apartments have heating/cooling and off street car parking is available. Six of the best in the inner west!
Property History for 1-9 Nicholson St, Footscray, VIC 3011
- 20 Oct 2022Listed for Sale Price on Application
- 18 Dec 2013Listed for Sale $4.2M
- 20 Jun 2013Listed for Sale 4099000
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0About 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 14,945 properties. Over the last 5 years, Houses in Footscray have seen a -5.07% decrease in median value, while Units have seen a -1.42% decrease. As at 30 June 2026:
- The median value for Houses in Footscray is $968,060 while the median value for Units is $490,964.
- Houses have a median rent of $620 while Units have a median rent of $540.
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