West Footscray has recorded the sharpest house price growth in this update, up 15.3 per cent this year to $960,000. Clearance has climbed sharply too, up 16.0 per cent to 71.2 per cent, even as sales volume held essentially flat at 146 houses sold across the year.
The apartment market is more measured, with unit sales down 8.3 per cent to 77, though prices have held steady at $425,000. Days on market for units have improved though, down 23.4 per cent to 36 days, while houses have eased slightly, up 4.1 per cent to 51 days.
That combination of strong price growth and rising clearance for houses is a genuinely encouraging signal, and points to West Footscray as one of the standout performers in this update, particularly for well-presented family homes.
Median sale price for houses in West Footscray is $962,000, up 14.9% from last year.
Median sale price for units in West Footscray is $440,000, up 6.0% from last year.
Properties sold for houses in West Footscray is 149, up 4.9% from last year.
Properties sold for units in West Footscray is 84, up 2.4% from last year.
Auction clearance for houses in West Footscray is 69.4%, up 9.8% from last year.
Auction clearance for units in West Footscray is 65.2%, down 5.4% from last year.
Av days on market for houses in West Footscray is 51, down 10.5% from last year.
Av days on market for units in West Footscray is 37, down 21.3% from last year.
$1,150,000
$1,072,500
$990,000
$962,000
$880,000
$797,500
$750,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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