809/250 Barkly Street, Footscray VIC 3011

Two-bedroom apartment | sought-after complex | prime Footscray location | gym and pool amenities | private balcony This unit presents a competitively priced entry into a well-appointed complex in a central suburb. Its two-bedroom layout with a garage is a durable configuration for both owner-occupiers and investors, amplified by on-site amenities that sustain renter appeal. The property is best suited for a cost-conscious buyer seeking a low-maintenance foothold in a convenient urban location, with the current price guide sitting near its 2020 purchase price, suggesting a potential value opportunity. The primary risk is the suburb’s negative growth trend, which may pressure short-term capital gains. The wide valuation range indicates market uncertainty, demanding a purchase price at the lower end to ensure equity from acquisition. For an investor, the solid rental yield offers cash flow support. Acquire this as a long-term hold, leveraging its income to offset holding costs while awaiting broader market recovery. Recent sales within the same building provide a direct benchmark: – Unit 512 sold for $475,000 (Nov 2025) – Unit 704 sold for $480,000 – Unit 211 sold for $510,000 – Unit 401 sold for $550,000 – Unit 107 sold for $600,000 This data confirms the advertised price guide is positioned at the lower spectrum of recent building sales. It signals achievable value, particularly if secured near $450,000, as several comparable units have transacted significantly higher.