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Footscray

Suburb Profile

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

house
unit
FOOTSCRAY ranks 86th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -0.82% for the past year is lower than average compared to its 31.85% growth within a five-year period.

Also in FOOTSCRAY, the median home price is sitting at $843,000, and the average rent at $500, this suggests property owners could potentially earn a 3.08% increase in gross rental yield.

Property investors have seen a 5.24% gain in FOOTSCRAY based on an increase 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 5.59% growth over a ten-year period. It ranks 1343rd 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 $843,000 $425,000
GROWTH REPORT
Median Quarterly 5.24% 3.66%
Median 12 month -0.82% 3.96%
Median 3 years 6.17% -4.28%
Median 5 years 31.85% 2.04%
10 years average annual 5.59% 1.75%
Weekly media advert. rent $500 $365
Time on Market 99.9 days 79.1 days
Gross Rental Yield Percent 3.08% 4.47%
demographics (median values)
Total Population
11397
Weekly Household Income
755.2
Household Size
2.30
demographics
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