151-153 Nicholson StreetFootscray VIC 3011
Property Details for 151-153 Nicholson St, Footscray
Last Listing description (March 2013)
Investment Opportunity
-Two shops in one title
-Located in the heart of Footscray
-Rent $54,000 per annum approx plus outgoing
-Modern family day care
-Secure commercial lease
-Parking facilities front and rear of building
-Very close to CBD
Golden opportunity to invest in Footscray central with a property that is secured by a long lease and potential for a variety of business.
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Property History for 151-153 Nicholson St, Footscray, VIC 3011
- 19 Nov 2012Listed for Sale Not Disclosed
- 03 Sep 1999Sold for $195,000
- 03 Sep 1999Sold for $195,000
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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 14,947 properties. Over the last 5 years, Houses in Footscray have seen a -9.61% decrease in median value, while Units have seen a -1.96% decrease. As at 31 July 2026:
- The median value for Houses in Footscray is $931,644 while the median value for Units is $488,424.
- Houses have a median rent of $625 while Units have a median rent of $545.
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