590A Barkly StreetWest Footscray VIC 3012
Property Details for 590a Barkly St, West Footscray
Last Listing description (November 2025)
A rare and flexible opportunity to secure a shop and dwelling in the heart of the vibrant West Footscray Shopping Strip (WeFo)!
This property offers multiple possibilities:
Investment opportunity with dual rental income
Redevelopment potential (STCA) to maximize value
Prime Location
Situated in a thriving retail and lifestyle hub with minimal vacancies, the area is home to a supermarket, grocery store, cafes, restaurants, and professional suites. Conveniently serviced by primary schools and public transport, making it an ideal choice for business and living.
Property Features:
- Shop: Currently leased for $44,200 per annum (Lease: 3x5x5 from 2020)
- Residence: Estimated rental potential of $20,000 per annum
- Separate rear access to the dwelling with a large carport
- Residence includes: 3 bedrooms, living room, kitchen/meals area, and essential amenities
Don't Miss Out!
This versatile and high-demand property is an opportunity not to be overlooked.
Property History for 590a Barkly St, West Footscray, VIC 3012
- 10 Sep 2025Listed for Sale $1,000,000 - $1,050,000
- 14 Dec 2021Sold for $1,500,000
- 03 Dec 2021Listed for Sale Contact Agent
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 6,912 properties. Over the last 5 years, Houses in West Footscray have seen a 17.11% increase in median value, while Units have seen a 5.10% increase. As at 31 December 2025:
- The median value for Houses in West Footscray is $1,080,175 while the median value for Units is $555,114.
- Houses have a median rent of $600 while Units have a median rent of $465.
Suburb Insights for West Footscray 3012
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