20 Palmerston StreetWest Footscray VIC 3012
Property Details for 20 Palmerston St, West Footscray
Last Listing description (May 2024)
As one of the last remaining operating milk bars/general stores around, it's now your turn to stamp your imprint on a property that's serviced this charming and sought-after West Footscray neighbourhood for more than 80 years.
There is a plethora of options available including continuing the business on a month-to-month tenancy, converting it to an alternative commercial use such as a cafe - latte anyone? - or unlocking the hidden potential and building your unique and ideal home (STCA).
With no heritage overlay constrictions, development opportunities also await.
350m2 of land. It is further enhanced by its corner location, with two street frontages on Palmerston Street plus excellent access from Alma Street.
This property last sold in 1974 when living in a milk bar was every kid's dream. Now is the time to take this much-loved treasure of Australian suburban history and to make this opportunity yours.
Property History for 20 Palmerston St, West Footscray, VIC 3012
- 24 Apr 2024Sold for $960,000
- 28 Mar 2024Listed for Sale Contact Agent
- 01 Nov 1987Sold for $19,000
Recent sales nearby
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About West Footscray 3012
The size of West Footscray is approximately 3.8 square kilometres. It has 10 parks covering nearly 8.5% of total area. The population of West Footscray in 2016 was 11450 people. By 2021 the population was 11729 showing a population growth of 2.4% in the area during that time. The predominant age group in West Footscray is 30-39 years. Households in West Footscray are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Footscray work in a professional occupation.In 2021, 56.70% of the homes in West Footscray were owner-occupied compared with 53.60% in 2016.
West Footscray has 6,911 properties. Over the last 5 years, Houses in West Footscray have seen a 10.86% increase in median value, while Units have seen a -0.09% decrease. As at 31 January 2026:
- The median value for Houses in West Footscray is $1,043,246 while the median value for Units is $536,642.
- Houses have a median rent of $610 while Units have a median rent of $468.
Suburb Insights for West Footscray 3012
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