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Investment Property West Footscray, VIC, 3012

Suburb Snapshot

West Footscray is a suburb in the Maribyrnong Region of Victoria. West Footscray has a population of 11,449 people and 37.35% of its occupants live in rental accommodation. The median listing price for houses is $895,000 and this has changed 4.06% over the past year and changed 1.70% over 2 years.

The median rent in West Footscray for houses is $550 per week and the median rental yield is 3.19%. Stock on the market for houses/townhouses has changed -25.40% compared to last year and the average time to sell a house/townhouse is 76 days.The median listing price for units is $370,000 and this has changed 5.71% over the past year. The average unit takes 128 days to sell and the median rent for a unit in West Footscray is $390 per week, producing a rental yield of 5.48%.

Supply & Demand in West Footscray, Maribyrnong

1.07%

Current vacancy rate


62

Rental stock available


11,449

Population


37.35%

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 West Footscray, Maribyrnong

  House Townhouses Units
Median listing price $895,000 $650,000 $370,000
Median price change - last quarter -0.28% -0.77% 0.00%
Median price change - 1 year 4.06% -5.11% 5.71%
Median price change - 2 years 1.70% 0.00% 0.00%
  House Townhouses Units
Median weekly rent $550 $595 $390
Median yield % 3.19% 4.76% 5.48%
Median rent change - 1 year 0.91% 4.38% 8.33%
  House Units
Previous month sales 8 11
Stock on market previous month 47 40
Stock variance vs. last year -25.40% -9.09%
Average days on market 76 128

West Footscray investment property listings

Showing 2 of 2 investment properties found in West Footscray on realestateinvestar.com.au

1/1 Suffolk St, WEST FOOTSCRAY

$860,000

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Townhouse

VIC 3012


49 Suffolk St, WEST FOOTSCRAY

$2,200,000

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House

VIC 3012


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