41 Adelaide Street, Footscray VIC 3011
41 Adelaide Street, Footscray VIC 3011
2 bedrooms, 1 bathroom, single-storey house, 124m² internal, approximately 189m² lot, no off-street parking. Ducted heating and cooling, solar panels, balcony, outdoor entertaining area, floorboards, built-in robes, dishwasher, fully fenced yard. NBN Fibre to the Curb, 5G coverage. Zoned for Footscray Primary and High School. Ground-level, likely north-facing rear.
What is competitively strong about this property is its upgraded interior combined with a genuinely flexible floorplan, which is rare for a house of this size in Footscray. The inclusion of solar panels and ducted HVAC moves it well beyond typical unrenovated period stock, making it more appealing to buyers who want a move-in-ready home without the maintenance burden. It sits in a quiet residential street with good access to the Footscray market, tram lines, and West Footscray station, which gives it a strong commuter advantage. This property is best suited to first-home buyers or young couples who prioritise location and modern finishes over space or parking.
Factors that may materially affect value include the absence of off-street parking, which could narrow the buyer pool in a suburb where on-street parking is increasingly competitive. The proposed 2-lot subdivision flagged for this address might introduce uncertainty about future density or development in the immediate area. The lot size, while functional, is smaller than what many house buyers expect, and the lack of a second bathroom could be a limitation for some households. Buyers should weigh these constraints against the property’s upgraded condition and strong rental yield potential when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 41 Adelaide Street, Footscray VIC 3011
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Footscray presents a compelling, transit-rich urban market anchored by strong rental demand from students, healthcare workers, and young professionals. This demographic drives investor interest, further supported by the appeal of heritage homes and new build-to-rent developments. Recent market conditions reflect a period of price adjustment across both houses and units, with sales activity showing resilience for houses. Future growth is underpinned by its infrastructure links and gentle densification, though sensitivity to broader affordability pressures remains a key market constraint.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
-
Land
195m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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