Footscray's blend of period homes, new apartments and vibrant multicultural precincts keeps buyers engaged this month. First home buyers, investors and professionals are drawn by the value, the energy and the city-edge convenience.
The market is measured. Buyers are doing their due diligence and making considered offers in line with recent sales, so realistic pricing converts interest into results. Period homes and contemporary apartments are both seeing interest.
Owners who present their homes well and price to recent comparable sales are achieving results. In a considered market, the well-prepared home finds its buyer.
Median sale price for houses in Footscray is $880,000, down 1.7% from last year.
Median sale price for units in Footscray is $460,000, down 4.2% from last year.
Properties sold for houses in Footscray is 224, up 23.8% from last year.
Properties sold for units in Footscray is 425, up 8.1% from last year.
Auction clearance for houses in Footscray is 66.5%, down 1.7% from last year.
Auction clearance for units in Footscray is 42.1%, up 10.9% 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 46, down 8.0% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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