VIC/
Footscray

Suburb Profile

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

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unit
FOOTSCRAY ranks 303rd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 15.23% for the past year is higher than average compared to its 64.15% growth within a five-year period.

Also in FOOTSCRAY, the median home price is sitting at $870,000, and the average rent at $430, this suggests property owners could potentially earn a 2.57% increase in gross rental yield.

Property investors have seen a 2.35% 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 15.23%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.82% growth over a ten-year period. It ranks 311th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $870,000 $405,000
GROWTH REPORT
Median Quarterly 2.35% 3.05%
Median 12 month 15.23% -2.88%
Median 3 years 40.16% 0%
Median 5 years 64.15% 12.5%
10 years average annual 8.82% 5.61%
Weekly media advert. rent $430 $340
Time on Market 74.3 days 84.7 days
Gross Rental Yield Percent 2.57% 4.37%
demographics (median values)
Total Population
11397
Weekly Household Income
755.2
Household Size
2.30
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