VIC/
Footscray

Suburb Profile

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

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FOOTSCRAY ranks 371st in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 13.55% for the past year is higher than average compared to its 59.28% growth within a five-year period.

Also in FOOTSCRAY, the median home price is sitting at $880,000, and the average rent at $450, this suggests property owners could potentially earn a 2.66% increase in gross rental yield.

Property investors have seen a 0.46% gain in FOOTSCRAY based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on FOOTSCRAY, 3011 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 13.55%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.97% growth over a ten-year period. It ranks 563rd on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $880,000 $405,000
GROWTH REPORT
Median Quarterly 0.46% 1%
Median 12 month 13.55% -5.81%
Median 3 years 38.06% 0.62%
Median 5 years 59.28% 12.34%
10 years average annual 7.97% 4.26%
Weekly media advert. rent $450 $350
Time on Market 74.4 days 81.6 days
Gross Rental Yield Percent 2.66% 4.49%
demographics (median values)
Total Population
11397
Weekly Household Income
755.2
Household Size
2.30
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Capital Gains Tax (CGT) Calculator

Footscray, VIC
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