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Maribyrnong City, VIC

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Maribyrnong is a local government area in Melbourne, Australia. It encompasses the inner western suburbs, which are located between 5 and 10 kilometers from Melbourne’s central business district. The local property market is a mix of medium to high-density dwellings, with a few detached houses scattered throughout.

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The LGA is home to a range of businesses, including light industry and retail, and has good transport links to the CBD. Property in the City is typically older, with smaller blocks and less modern infrastructure than in other parts of Melbourne.

The market is relatively affordable, with a mix of entry-level and premium properties. The area is popular with young families and professionals, and is well-serviced by public transport and local amenities.

The Maribyrnong LGA economy is based on manufacturing, trade, and services. The city is home to many industrial and commercial businesses. In addition Maribyrnong has a large retail sector, with major shopping centres such as Highpoint and Watergardens.

Professionals account for 28.7 % of employment in Maribyrnong, followed by managers (13.4 %), clerical and administrative workers (12.7 %), community and personal service workers (10.4 %), and technicians and trades workers (10.0 %).Maribyrnong’s typical weekly personal income for residents aged 15 years and older is $703.

The local property market is is characterised by its mix of older, established homes and newer, suburban development. In Maribyrnong, 51.1 % of occupied private residences are detached houses, 24.3 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 23.6 % are flats or apartments, and 0.6 % are other housing.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Maribyrnong City, VIC

What other property markets are there near Maribyrnong City, VIC?

Maribyrnong City is surrounded by 4 other council areas – Brimbank, Moonee Valley, Melbourne, Hobsons Bay.

How many people live in Maribyrnong City, VIC?

There are approximately 82000 people living in roughly 36000 dwellings in total, with an average household size of 2.5.

What are current and planned infrastructure projects in Maribyrnong City, VIC?

Notable infrastructure projects include Anderson Street, Yarraville Traffic Study, Bassett Reserve, West Footscray, Bicycle and pedestrian upgrades on French Street, Footscray, Church Street Children’s Centre, Clarke Street Pop Up Park, Dalmahoy Street, Footscray Improvement Works, Defence Site Maribyrnong Planning Framework.

What major retailers are there in Maribyrnong City, VIC?

The main retail centres are Highpoint Shopping Centre, Country Road, Sweet As Clothing, The Reject Shop, Best&Less, Dangerfield, BIG W Highpoint.

What is the main industry in Maribyrnong City, VIC?

Such sectors as Health Care and Social Assistance, Professional, Scientific and Technical Services, Retail Trade. Manufacturing, Construction make up the largest part of the employment.

What are the dominant demographic groups in Maribyrnong City, VIC?

Among approximately 82000 people in Maribyrnong City males and females make roughly 50% of each group. The median age of people is 33 years. Children aged 0-14 years account for approximately 16% of the population, and those aged 65+ years account for 10%.

How is unemployment rate trending in Maribyrnong City, VIC?

Among approximately 45000 people employed, roughly 58% work full-time, 29% work part-time, and an estimated 8% are unemployed.

Suburbs/localities in this Local Government Area: AbbeKingsville 3012, Maidstone 3012, Maribyrnong 3032, Seddon 3011, Tottenham 3012, West Footscray 3012, Yarraville 3013, Braybrook 3019, Footscray 3011

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