Powered by MOMENTUM MEDIA
AREA REPORTS

Footscray

Suburb Profile

Footscray - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3011

house
unit
FOOTSCRAY ranks 107th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -9.15% for the past year is lower than average compared to its 25.91% growth within a five-year period.

Also in FOOTSCRAY, the median home price is sitting at $799,500, and the average rent at $485, this suggests property owners could potentially earn a 3.15% increase in gross rental yield.

Property investors have seen a -1.6% drop in FOOTSCRAY based on a decrease in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.54% growth over a ten-year period. It ranks 1420th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $799,500 $410,000
GROWTH REPORT
Median Quarterly -1.6% 1.23%
Median 12 month -9.15% -0.61%
Median 3 years 5.61% -8.89%
Median 5 years 25.91% 2.5%
10 years average annual 5.54% 2.25%
Weekly media advert. rent $485 $370
Time on Market 93.6 days 87.5 days
Gross Rental Yield Percent 3.15% 4.69%
demographics (median values)
Total Population
11397
Weekly Household Income
755.2
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Property management company hit with $80k fine

A property management company has been fined $80,000 for failing to lodge tenancy bonds on time and for keeping records that contained false...

Low rates, rising house prices ease debt woes

Record low mortgage rates and rising property prices are improving households’ comfort with debt in the major cities in Australia even as ...

February sees bump in consumer sentiment

Consumer sentiment rose 2.3 per cent in February, as public concern over the Australian bushfire crisis and coronavirus outbreak eases. ...

Land demand increases following Liberal re-election

Following the May 2019 election, demand for residential land has increased by 45.9 per cent from their record low in March 2019, new researc...

Adding property value through education

Astute property buyers should be homing in on areas where new schools are in the pipeline to take advantage of the potential for future va...

Dodgy tradie rips off home renovators

Real estate investors have been given a timely reminder to check the credentials of tradies before giving them a deposit following the prose...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.