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Investment Property Footscray, VIC, 3011

Suburb Snapshot

Footscray is a suburb in the Maribyrnong Region of Victoria. Footscray has a population of 16,341 people and 49.90% of its occupants live in rental accommodation. The median listing price for houses is $887,500 and this has changed -1.39% over the past year and changed -0.84% over 2 years.

The median rent in Footscray for houses is $565 per week and the median rental yield is 3.31%. Stock on the market for houses/townhouses has changed -5.26% compared to last year and the average time to sell a house/townhouse is 121 days.The median listing price for units is $485,000 and this has changed 0.41% over the past year. The average unit takes 212 days to sell and the median rent for a unit in Footscray is $490 per week, producing a rental yield of 5.25%.

Supply & Demand in Footscray, Maribyrnong

2.00%

Current vacancy rate


244

Rental stock available


16,341

Population


49.90%

Rental population


1.29%

Current vacancy rate


591

Rental stock available


82,286

Population


38.63%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Footscray, Maribyrnong

  House Townhouses Units
Median listing price $887,500 $745,000 $485,000
Median price change - last quarter -1.12% 0.33% 0.00%
Median price change - 1 year -1.39% -0.67% 0.41%
Median price change - 2 years -0.84% 2.05% 0.41%
  House Townhouses Units
Median weekly rent $565 $590 $490
Median yield % 3.31% 4.11% 5.25%
Median rent change - 1 year 3.66% 7.27% 8.88%
  House Units
Previous month sales 10 34
Stock on market previous month 72 298
Stock variance vs. last year -5.26% -3.87%
Average days on market 121 212

Footscray investment property listings

Showing 1 of 1 investment properties found in Footscray on realestateinvestar.com.au

10/21 Elridge St, FOOTSCRAY

$260,000

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VIC 3011


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