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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


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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

U910/188 Ballarat Rd, Footscray

$548,000

property pic

Perfect location and vibrant lifestyle

This bright and well-planned apartment is enhanced by quality fittings and finishes throughout. Even better, is its ideal address to combine the attractions of Footscray with living on the edge of the CBD. An exceptional opportunity for the astute investor or owner occupier. A contemporary ...

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VIC 3011


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