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This property has been sold on 7 Aug 2026

80 days on market

Market context at sale

Suburb cycle phase
Balanced
RBA cash rate
4.35%
Suburb median (August 2026)
$465,000

Listing journey

Essentials

This property went through 1 price reduction over 80 days on market. See what it first asked, every reduction along the way, and what it finally sold for.

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1/98 Nicholson Street, Footscray, VIC, 3011

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Asking Price

$269,000

1 Beds1 Baths
Land: 232 m2
Floor: 38 m2

Property overview

This 1-bedroom apartment at 1/98 Nicholson Street in Footscray, VIC 3011 sold in August 2026, with 1 bathroom. It offers 38 m2 of internal living space. Footscray sits about 5.0 km from the CBD, where the median unit price is $475K. Council data shows no flood or bushfire overlay on the site. There are 78 schools within roughly 5km, and the area scores 80 for walkability and 100 for transit out of 100.

For sale now

Recently sold nearby

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $269,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

80

Latest price change

$300,000 to $269,000

Investment Score

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Footscray at a glance

Unit market signals | VIC 3011

Full suburb profile

Median

$475K

Market signals

To CBD

5 km

Est. Valuation

$281,438

Potential Sell Price

Est. Rent/wk

$374

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 43% below suburb median
Suburb grew +5.3% last year
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Planning Overlays

No Overlays Detected

Subdivision & Development Potential

ACZ1Activity Centre Zone 1

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

From the listing description

Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.

Recently renovated
Zoned to heart of Footscray, bustling heart of

Total Cost to Purchase

Purchase Price
$269,000
Stamp Duty (Victoria)
$11,210
Transfer/Registration Fee
$1,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$284,410

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
Low Density
Listed
Last Updated
Postcode
3011

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