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Footscray
AREA REPORTS

Footscray

Footscray - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3011

house
unit
FOOTSCRAY ranks 643rd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 11.71% for the past year is higher than average compared to its 28.96% growth within a five-year period.

Also in FOOTSCRAY, the median home price is sitting at $993,000, and the average rent at $470, this suggests property owners could potentially earn a 2.46% increase in gross rental yield.

Property investors have seen a 3.98% 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 11.71%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.47% growth over a ten-year period. It ranks 1715th on our list of suburbs that property investors should look into.

Data report can be found below

Footscray
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $993,000 $512,500
GROWTH REPORT
Median Quarterly 3.98% 3.8%
Median 12 month 11.71% 7.22%
Median 3 years 16.48% 16.48%
Median 5 years 28.96% 12.64%
10 years average annual 6.47% 4.43%
Weekly media advert. rent $470 $350
Time on Market 81.0 days 84.3 days
Gross Rental Yield Percent 2.46% 3.55%
demographics (median values)*
Total Population
21462
Weekly Household Income
1441
Household Size
2.30
Age
33
Monthly Loan Repayment
1974
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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