5/11 Waiora Parade, West Footscray VIC 3012

5/11 Waiora Parade, West Footscray VIC 3012
2 bed townhouse in modern complex|128m² lot|Recent build|Inner west appeal | Suits downsizers or couples seeking low-maintenance living near CBD. This two-bedroom townhouse on a 128sqm lot within a small boutique development fits professionals or couples prioritising contemporary design and urban proximity. Its compact footprint delivers efficient living space across two levels, ideal for those avoiding larger maintenance demands of standalone homes. Positioned as unit 5 in a row of five similar townhouses, it blends seamlessly into a quiet parade setting, offering street-front access without the isolation of detached properties. Buyers drawn to these typically include young couples or investors valuing the FTTP NBN connectivity and 5G coverage for remote work setups. In the local market, comparable 2-bed townhouses here hold steady value, reflecting demand from inner west commuters who prioritise 15-minute CBD access over expansive yards. The modest lot size supports practical use like a small courtyard rather than grand outdoor living, aligning with zoning for residential density. Long-term appeal stems from its place in a recently constructed development, minimising renovation needs amid rising suburb interest. Similar units nearby demonstrate resilient performance, attracting repeat buyers upgrading within the precinct. Overall, it positions as a holdable asset for lifestyle shifts in a maturing neighbourhood.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

West Footscray is an inner-west suburb undergoing significant gentrification. Demand is driven by young professionals and families seeking proximity to the CBD and relatively affordable inner-city housing. House prices typically exceed $900k with strong long-term growth supported by redevelopment and lifestyle appeal. The suburb offers cafes, transport access, and a growing arts scene.

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

Built

Recent Assessments