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Asking Price
$1,130,000
On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 3-bedroom house at 21 Nicholson Street in Footscray, VIC 3011 is on the market at $1.1M, with 1 bathroom and parking for 2. It offers a 289 m2 block and 149 m2 of internal living space. Footscray sits about 5.0 km from the CBD, where the median house price is $935K. Council data records heritage overlay on the site. 78 schools sit within about 5km, and the area scores 80 for walkability and 100 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $1,130,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
- Planning overlay risk
Listed
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Footscray at a glance
House market signals | VIC 3011
Median
$935K
Market signals
To CBD
5 km
Est. Valuation
$1,155,647
Potential Sell Price
Est. Rent/wk
$641
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Total Cost to Purchase
- Purchase Price
- $1,130,000
- Stamp Duty (Victoria)
- $62,150
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,197,350
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3011
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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