2. VIC
  3. Maribyrnong

Houses Units

Here you can find what you need to know about Footscray, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$950K Median Sale Price (National Average $485k) 244th In VIC
1.60% Median Sale Price Change (1yr) (National Average 4.30%) 282nd In VIC
$580pw Median Rent (National Average $395) 248th In VIC
3.2% Median Gross Yield (National Average 4.24%) 375th In VIC
Properties sold 161
Average discounting -9.24%
Average Days on Market 73
Stock on Market 89 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Footscray, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Footscray, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Footscray, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Footscray


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Footscray, VIC 3011

Part of: Maribyrnong Council No data available

The size of Footscray is approximately 5 square kilometres. It has 25 parks covering nearly 15.1% of total area. The population of Footscray in 2011 was 13,202 people. By 2016 the population was 16,336 showing a population growth of 23.7% in the area during that time. The predominant age group in Footscray is 20-29 years. Households in Footscray are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Footscray work in a professional occupation. In 2011, 42% of the homes in Footscray were owner-occupied compared with 36.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Footscray

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Footscray   for Houses in last 12 months


There have been 161 Houses sold in Footscray in the past 12 months with a median sale price of $950K, up 1.6% annually. It takes on average 45 days to sell with vendor discounting of -9.2%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
West Footscray VIC, 3012 -0.29% $937,250 $600pw 3.3% View Suburb Profile
Yarraville VIC, 3013 5.79% $1,142,500 $655pw 3.0% View Suburb Profile
Seddon VIC, 3011 -6.78% $1,100,000 $650pw 3.1% View Suburb Profile
Forbes NSW, 2871 2.38% $430,000 $400pw 4.8% View Suburb Profile
Sunshine VIC, 3020 1.25% $810,000 $483pw 3.1% View Suburb Profile
Maidstone VIC, 3012 -4.52% $845,000 $580pw 3.6% View Suburb Profile

Currency

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