259-261 Barkly Street, Footscray, VIC 3011 | Property Value & History | OnTheHouse
OFF MARKET

259-261 Barkly Street
Footscray VIC 3011

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 294m2
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Property Details for 259-261 Barkly St, Footscray

Building Type
Land
Land Size
294m2
Local Government
Maribyrnong
Lot/Plan
2/LP56361

Last Listing description (September 2021)

This is a once in a lifetime opportunity! Footscrays iconic Jimmy Wong restaurant has been a household name across Melbournes inner west for over 60 years, renowned for their famous dim sims and culinary delights.

This prime site, situated within Footscrays activity centre with rear access recently named Jimmy Wong Lane is now, for the first time in decades up for sale!


The property features double frontage across Barkly Street with dual entrances, commercial open-plan restaurant area with fully functional commercial kitchen. The property also contains a residence with three bedrooms, kitchen and living area.

This site is idealistic for future multi-storey development and is one of the last sizeable sites fit for such development in the vicinity.

Features:

Wide street frontage across Barkly Street
4 toilets within restaurant
Commercial kitchen
2 commercial size freezers
4 bedrooms to residence
2 full bathrooms to upstairs residence
3 car garage to rear
Rear access by Jimmy Wong Lane

Due Diligence Checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.

DISCLAIMER: All stated dimensions are approximate only.

Property History for 259-261 Barkly St, Footscray, VIC 3011

A timeline of how this property has performed in the market
  • 20 Oct 2020
    Listed for Sale Contact Agent
  • 18 Sep 2019
    Listed for Sale Not Disclosed
  • 23 Mar 2018
    Listed for Sale Not Disclosed
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About Footscray 3011

The size of Footscray is approximately 5.0 square kilometres. It has 25 parks covering nearly 15.1% of 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 14,910 properties. Over the last 5 years, Houses in Footscray have seen a 1.28% increase in median value, while Units have seen a -0.03% decrease. As at 31 January 2026:

  • The median value for Houses in Footscray is $946,800 while the median value for Units is $485,147.
  • Houses have a median rent of $580 while Units have a median rent of $525.
There are currently 107 properties listed for sale, and 35 properties listed for rent in Footscray on OnTheHouse. According to Cotality's data, 724 properties were sold in the past 12 months in Footscray.

Suburb Insights for Footscray 3011

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.