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Footscray

Suburb Profile

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

house
unit
FOOTSCRAY ranks 98th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -6.82% for the past year is lower than average compared to its 26.13% growth within a five-year period.

Also in FOOTSCRAY, the median home price is sitting at $806,000, and the average rent at $487.5, this suggests property owners could potentially earn a 3.15% increase in gross rental yield.

Property investors have seen a -0.49% 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 5.11% growth over a ten-year period. It ranks 1574th 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 $806,000 $412,500
GROWTH REPORT
Median Quarterly -0.49% 1.16%
Median 12 month -6.82% -1.43%
Median 3 years 5.36% -8.33%
Median 5 years 26.13% 1.48%
10 years average annual 5.11% 1.72%
Weekly media advert. rent $487.5 $370
Time on Market 95.8 days 85.9 days
Gross Rental Yield Percent 3.15% 4.66%
demographics (median values)
Total Population
11397
Weekly Household Income
755.2
Household Size
2.30
demographics
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