495-507 Barkly Street, Footscray, VIC 3011 | Property Value & History | OnTheHouse
OFF MARKET

495-507 Barkly Street
Footscray VIC 3011

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3000m2
Land area: 5239m2
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Property Details for 495-507 Barkly St, Footscray

Building Type
Commercial
Floor Size
3000m2
Land Size
5239m2
Local Government
Maribyrnong
Lot/Plan
CP159655

Last Listing description (May 2021)

Colliers is pleased to present 495-507 Barkly Street, Footscray a permit approved townhouse site in the established and highly in demand townhouse market of the inner-west.

The property offers a permit approved- opportunity over a significant 6,289 sqm site. Positioned a short walking distance to West Footscray Railway Station and adjoining an IGA supermarket, the property provides the ultimate convenience within a sought-after residential pocket of Footscray.


Key features are below:

Total land area of 6,289 sqm* with a flexible mixed-use zoning suitable for a multitude of uses (STCA)
Planning Permit in place for redevelopment into 42 townhouses and an integrated retail offering
The master-planned project compliments the surrounding community by providing high quality terrace-style townhouses, comprising predominately 3-bedroom configurations over 2 and 3 levels
Rare inner suburban townhouse site located only 6.5 kilometres from the Melbourne CBD
Existing improvements on site and a short-term lease in place
Highly proven and mature townhouse market with a number of successful master planned communities and smaller boutique projects completed in the immediate vicinity
Located in an area receiving significant benefits from major infrastructure projects, including the West gate Tunnel project, the new Footscray Hospital and the Metro Rail Project that provides a brand-new railway network linking directly into Footscray Station.

For further information, please contact the exclusive selling agents at Colliers.

Leon Ma
0417 070 725

Hamish Burgess
0421 641 497

Jozef Dickinson
0402 678 888

Oliver Hay
0419 528 540

Outlines indicative
*approx.

Property History for 495-507 Barkly St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$15,000,000
23 Aug 2021
  • 23 Aug 2021
    Sold for $15,000,000
  • 09 Mar 2021
    Listed for Sale Contact Agent
  • 29 Jan 2018
    Listed for Sale Contact Agent
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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 6.80% increase in median value, while Units have seen a 2.86% increase. As at 31 December 2025:

  • The median value for Houses in Footscray is $983,651 while the median value for Units is $490,898.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 104 properties listed for sale, and 34 properties listed for rent in Footscray on OnTheHouse. According to Cotality's data, 717 properties were sold in the past 12 months in Footscray.

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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.