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West Footscray, VIC 3012
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,035,000
market range $1M-$1.1M
Median Unit
$590,000
list-price estimate
Gross Yield (houses)
3.4%
1yr Growth (houses)
+0.6%
market range -10.0% to +12.5%
Investment snapshot for West Footscray
West Footscray has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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West Footscray market and investor summary
In West Footscray, VIC 3012, the median house sells for around $1.0M, on a gross rental yield of 3.4% for houses. House prices have moved +0.6% over the past year and +14.3% over three years. At 1.7% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.4% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.7% and a resident base that is not shrinking.
Living in West Footscray: people, income and schools
About 11,729 people live in West Footscray, a number that has held fairly steady over five years. At a median age of 35, it reads as broadly working-age.
The typical household income runs to around $103,000 a year (about $1,990 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 10.0 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 36% over five years, which tends to underpin what local buyers can pay.
Families have 59 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. West Footscray sits about 7.1 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 78 for walkability and 99 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 11,729
- +5% over 5yr
- Median age
- 35 years
- Median household income
- $103,000/yr
- Households renting
- 45%
- Family households
- 41%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 59
- avg ICSEA 1123
- Unemployment
- 4.9%
- Distance to CBD
- 7.1 km
- Walk score
- 78/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in West Footscray
View all →Frequently asked questions about West Footscray
What should I check before investing in West Footscray?
West Footscray has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.2%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (1.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in West Footscray?
The median property price in West Footscray, VIC 3012 is $1.0M for houses.
What rental yield does West Footscray show?
The gross rental yield in West Footscray is 3.4% for houses and 5.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for West Footscray?
House prices in West Footscray are up 0.6% over the past year and up 14.3% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in West Footscray?
The current vacancy rate in West Footscray is 1.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in West Footscray?
West Footscray has a population of approximately 11,729 residents, with a median age of 35.
What schools are near West Footscray?
There are 59 schools within roughly 5km of West Footscray. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is West Footscray affordable to buy in?
A median house in West Footscray costs about 10.0 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is West Footscray's population growing?
The population of West Footscray has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is West Footscray from the CBD?
West Footscray is about 7.1 km from the CBD.
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