An exceptional development opportunity in the heart of Footscray, this vacant block at 32 Victoria Street comes with approved plans and permits for three modern 2-bedroom townhouses. With the hard work already done, this is a chance to bring a ready-made vision to life and secure a profitable future in one of Melbourne's fastest-growing inner-west suburbs.
Perfectly positioned, you're just moments from Footscray Market, Barkly Street Village, Footscray Plaza and the vibrant café and dining scene along Leeds Street. Everyday convenience is effortless with Footscray Station nearby for quick CBD access, while Highpoint Shopping Centre is only minutes away for all your retail needs.
Families and future residents will also appreciate the proximity to quality education options such as Footscray Primary School, Footscray High School, and Victoria University. Add to that nearby Whitten Oval, Maribyrnong River trails, local parks and 5 minutes walk to the trendy Seddon shopping strip. You have a prime location ready to attract strong buyer and rental interest once completed.
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 14,899 properties. Over the last 5 years, Houses in Footscray have seen a -3.39% decrease in median value, while Units have seen a -0.23% decrease. As at 31 May 2026:
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