FOOTSCRAY 3011
State: VICPosiProp AI Investment Summary
FOOTSCRAY (VIC 3011) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Up 1.1%, with a median house buy price of $930,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$826,500
$964,000
$1,050,000
$930,000
Suburb Market Profile
Last month Footscray had 233 properties available for rent and 182 properties for sale. Median property prices over the last year range from $930,000 for houses to $475,000 for units. If you are looking for an investment property, consider houses in Footscray rent out for $643 PW with an annual rental yield of 3.5% and units rent for $550 PW with a rental yield of 6.5%. Footscray has seen an annual compound growth rate of 1.1% for houses and 5.1% for units.
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