Footscray vs Warrak
Property investment comparison - Footscray, VIC 3011 vs Warrak, VIC 3377
Head-to-head across core investment metrics: Footscray wins 2, Warrak wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Footscray | Warrak |
|---|---|---|
| Median house price | $935K | $925K |
| Median unit price | $470K | $325K |
| Gross rental yield (houses) | 3.49% | 2.67% |
| Gross rental yield (units) | 5.80% | 7.05% |
| 1-year house growth | -0.9% | - |
| 3-year house growth | +1.1% | - |
| Vacancy rate | 1.5% | 1.7% |
| Population | 17,131 | 68 |
Footscray vs Warrak: what the numbers say
The median house price is $935K in Footscray and $925K in Warrak, so Warrak is the cheaper entry point, with Footscray houses about 1% dearer.
For units, Footscray sits at a median of $470K against $325K in Warrak, which makes Warrak the more affordable unit market and Footscray the pricier one.
On cash flow, Footscray leads: houses there return a gross rental yield of 3.49%, compared with 2.67% in Warrak, a gap of 0.82 percentage points.
Rental vacancy is 1.5% in Footscray and 1.7% in Warrak, so landlords in Footscray face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Footscray is the bigger suburb, with a population of 17,131 against 68, roughly 252 times the size of Warrak; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Footscray for rental income, Warrak for a lower purchase price, Footscray for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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