Footscray is doing serious volume this year, house sales up 23.8 per cent to 224 and unit sales up 8.1 per cent to 425, making it one of the deepest markets in this part of Melbourne's inner west. The median house price has eased slightly, down 1.7 per cent to $880,000, while units are down 4.2 per cent to $460,000.
Clearance for units has improved though, up 10.9 per cent to 42.1 per cent, even as the overall pace remains more measured than the volume figures alone suggest. House clearance sits at 66.5 per cent, essentially steady on last year.
With its diverse dining precinct, university presence and excellent transport links, Footscray continues to draw a broad mix of buyers. The genuine depth of this market, across both houses and units, remains one of its most consistent strengths.
Median sale price for houses in Footscray is $880,000, down 1.7% from last year.
Median sale price for units in Footscray is $462,500, down 2.6% from last year.
Properties sold for houses in Footscray is 227, up 21.4% from last year.
Properties sold for units in Footscray is 412, up 4.0% from last year.
Auction clearance for houses in Footscray is 66.0%, down 7.9% from last year.
Auction clearance for units in Footscray is 42.5%, up 5.5% from last year.
Av days on market for houses in Footscray is 40, up 5.3% from last year.
Av days on market for units in Footscray is 48, down 4.0% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
Would you hand the keys to your brand-new car to someone you barely know without making sure it was insured? It's a question we often ask investors when discussing landlord insurance.
Before a prospective renter walks through the door, much of the work that determines a successful tenancy should already be underway.
You check your phone, hoping for an update. Another inspection has finished, and you’re waiting to hear whether someone has applied.
Buying an investment property is exciting. Between finance, contracts, building inspections and settlement, there is a lot happening in a relatively short period of time.
Discover the hidden potential of your biggest asset — for free, in seconds. Choose an Instant Appraisal for immediate market value and suburb performance, or request an in-depth Agent Appraisal from our experienced local Woodards professionals.
No obligation. No pressure. Just clarity.
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
Switch to Woodards Property Management
