Median price · 7 years
Rolling 12-month median, all dwellings
$680,000-2.1% past 12 months
2020202120222023202420252026
Footscray
Steady outlook Growth score 65 Top 52% of sample
Risk score 26 Low · lower is better
Stability score 78 Consistent over 10 years
What drives the growth score
Nine metrics, each benchmarked against every suburb nationally. Weighted sum equals the score.
Sales momentum18% Weak · 47
Listing scarcity15% Strong · 75
Rental demand14% Moderate · 64
Days on market12% Strong · 71
Infrastructure investment11% Strong · 95
Jobs access10% Moderate · 66
Population growth8% Moderate · 50
Income growth7% Weak · 40
New supply pressure5% · negative Elevated · 37
Key metrics vs benchmarks
VIC column is the sample-state average; national is the whole sample.
| Metric | Footscray | VIC | National |
|---|---|---|---|
| Median price | $680,000 | $666,000 | $734,203 |
| 12-month growth | -2.1% | +1.6% | +8.4% |
| Gross rental yield | 4.2% | 3.7% | 4.0% |
| Vacancy rate | 2.1% | 1.9% | 1.3% |
| Days on market | 36 | 41 | 31 |
| Auction clearance | 65% | 60% | 62% |
| New supply pipeline | Elevated | Moderate | Moderate |
Risk score components
Lower is safer. Components are read independently; the score is their weighted blend.
26Low risk
New supply pipelineApproved dwellings vs existing stock Moderate · 37
Employment concentrationShare of jobs in the top two industries Low · 22
Price volatility, 5 yearsLargest peak-to-trough drawdown Low · 27
Vacancy pressureCurrent vacancy vs 2% threshold Moderate · 38
Hazard exposureFlood, bushfire and storm surge overlays Low · 27
Who lives here
ABS Census, latest release, aggregated to suburb
17,131population 31median age 42%owner-occupied 58%renting
Owner-occupiedRenting
Footscray is one of Melbourne's most dynamic inner-west suburbs, just 5km from the CBD. While Melbourne's broader market has softened in 2025, Footscray's forward indicators remain strong due to $2B+ in infrastructure investment including the New Footscray Hospital and Melbourne Metro Tunnel connectivity.
On the ground
Committed projects and catalysts feeding the infrastructure and jobs metrics
- New Footscray Hospital ($1.5B, opening 2025)
- Melbourne Metro Tunnel station connectivity
- Victoria University City West campus
- Maribyrnong Waterfront redevelopment
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