615/51 Gordon StreetFootscray VIC 3011
Property Details for 615/51 Gordon St, Footscray
615/51 Gordon St, Footscray is a 1 bedroom, 1 bathroom Studio with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 1 bedroom Studio sold in Footscray in the last 12 months.
Last Listing description (August 2025)
UNIsity @ Gordon St: purpose-built, furnished student accommodation, delivering hassle-free investment with strong rental returns-perfect for self-managed super funds or savvy investors.
✅ Why this property is ideal for investors:
- High-yield return with approx. $290/week rental
✅ Location & tenant demand:
- Walk to Victoria University, making it in high demand from students
- Steps from public transport, tram/bus stops, and Barkly St shops
- Near Footscray Market, Maribyrnong River, Flemington Racecourse, Highpoint shopping, Footscray hospital
✅ SMSF & investor advantages:
- Low management-as it's student-focussed and lightly managed
- High rental consistency year-round from student tenancy
- Great entry point into the Footscray market with long-term capital growth potential
📞 Investor call to action
Don't miss out on this turnkey, high-yield opportunity in a fast-rising precinct. Ideal for your SMSF-low fuss, strong returns, and built-in tenant base. Contact us today to access full financials or schedule a viewing.
#FootscrayInvestment #SMSFProperty #StudentAccommodation #InnerWestYields #VictoriaUnisity #FootscrayMarket #HighYieldInvesting #PassiveIncome #MelbourneRentals
Property History for 615/51 Gordon St, Footscray, VIC 3011
- 19 Nov 2025Listed for Rent $325 / week
- 19 Aug 2025Listed for Sale $115,000-125,000
- 19 Aug 2025Sold for $116,000
Recent sales nearby
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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 14,899 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:
- The median value for Houses in Footscray is $960,204 while the median value for Units is $494,159.
- Houses have a median rent of $620 while Units have a median rent of $540.
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