201 Ballarat RoadFootscray VIC 3011
Property Details for 201 Ballarat Rd, Footscray
Last Listing description (June 2023)
201 Ballarat Road, Footscray, enjoys a prime location at the corner of Ballarat Road and Gordon Street, within an established and exclusive precinct. The property benefits from a flexible Mixed Use Zoning, offering various opportunities for development and utilization. Moreover, it is surrounded by key highlights that enhance its appeal and potential.
Firstly, the New Footscray Hospital, backed by a significant investment of up to $1.5 billion from the Victorian Government, is located just moments away. This major infrastructure development will not only improve healthcare facilities but also contribute to the overall growth and vitality of the precinct.
In addition, the ongoing Footscray Road Upgrade is set to enhance traffic flow, pedestrian safety, and cycling infrastructure along this major arterial road. This project will improve connectivity and ensure smoother movement throughout the important transport corridor.
Furthermore, 201 Ballarat Road is surrounded by several prominent amenities and attractions. Across the road, there is a McDonald's, providing convenient dining options. The renowned Footscray Market, Footscray Train Station, Victoria University's Footscray Park campus, Flemington Racecourse, Footscray Arts Centre, Highpoint Shopping Centre, and other key destinations are all within close proximity.
These major highlights, coupled with the ongoing movement and development in the area, make 201 Ballarat Road an attractive location for residents, businesses, and investors. The infrastructure projects, transportation improvements, and cultural amenities all contribute to the overall appeal and growth prospects of this vibrant precinct.
- The property spans a total land area of 700 square meters.
- It boasts a prominent corner location, ensuring high visibility and accessibility.
- Laneway Access
- With over 33 meters of total frontage, the property offers ample exposure to passersby.
- The flexible Mixed Use Zone (MUZ) designation allows for a variety of potential uses.
- The site includes functional on-site improvements, enhancing its immediate usability.
- It is an excellent location for medical or allied health purposes, catering to specific industry needs.
- Prospective buyers or lessees have the option to occupy, invest in, or develop the property (STCA)
Contact the Team at Central Avenue Real Estate for more information.
Property Code: 33
Property History for 201 Ballarat Rd, Footscray, VIC 3011
- 13 Jul 2022Listed for Sale Contact Agent
- 13 Jul 2022Listed for Rent - Price not available
- 25 Aug 2016Listed for Sale Not Disclosed
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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 -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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