Footscray, VIC 3011
Maribyrnong City, Victoria
Good to Know
Footscray, VIC 3011 is a high-value house market in the Maribyrnong City area, currently positioned as a balanced growth submarket. Located about 5 km west of Melbourne CBD, Footscray is home to roughly 17,131 residents across 14,474 dwellings and records a vacancy rate of 1.40% (balanced).
According to HtAG Analytics, Footscray is exhibiting constrained supply with steady rental pressure. Stock on Market sits at 0.20% and Inventory at 1.51 months — well below the ~3-month balanced-market threshold — driving +0.9% YoY price growth and +2.6% YoY rent growth.
What the market data is signalling
Footscray's houses show modest capital appreciation alongside rising rents: 1-year price growth is +0.9% while 1-year rent growth is +2.6%, with a median weekly rent of $669. The indicative gross yield for houses sits at 3.31%, which is above the common 3% benchmark and supports buy-and-hold cashflow considerations. With very low Stock on Market and sub-3-month Inventory, price momentum is being underpinned by constrained supply.
Compare shifting pockets across the metro area using the Markets in the Moment (MiM™) heatmap to see where similar supply/demand patterns are emerging.
Who lives in Footscray — and why it matters for investors
Footscray sits in IRSAD decile 8, indicating a relatively advantaged socio-economic profile that can support long-term capital resilience. At the same time the Renter/Owner split is 56% (a renter-leaning mix) and the Units/Houses ratio is 72%, which signals a dense, rental-active market — factors that tend to increase turnover and service-level demands for landlords.
For more on how socio-economic mix affects market behaviour, see the IRSAD Crossover study.
Why suburb-level data matters for Footscray
Council-level averages can mask tightly-held pockets like Footscray; decisions should rest on the suburb's own metrics. For houses here the typical price is $1,051,450, indicative gross yield 3.31%, Stock on Market 0.20%, Inventory 1.51 months and median days on market 30 — a combination that shows limited available stock and relatively quick sales.
Read more on why LGA averages can be misleading in our LGA vs Suburb research. For a ready reference, download the full Footscray data guide.
What's behind the RCS™ score of 62
HtAG's RCS™ bundles three independent dimensions — risk minimisation, capital-growth potential and cashflow resilience — into a single composite. A score of 62 indicates a blend of moderate upside with manageable risk for investors who balance growth and income. Drill into the component sub-scores to match the suburb to your strategy.
Learn more about how the RCS™ is built, or open Footscray in HtAG Copilot to explore the detailed breakdown.
Forward signals to watch
The vacancy rate — currently 1.40%: sustained movement below ~1% would indicate strong rental-tightness and could push up rents further over 12–24 months; a sustained rise above ~3.5% would weaken rent momentum.
The building approvals ratio — currently 0.16%: a low approvals share suggests limited new housing supply, which tends to support existing values and rents over the next 12–24 months if demand remains steady.
The Melbourne cycle phase: a city-wide shift into expansion would likely lift local demand and prices in Footscray, while a broader slowdown in Melbourne would dampen local momentum and extend hold periods.
Does this area meet your investment goals?
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RCS Breakdown
Footscray's RCS™ headline is an overall signal — but it doesn't tell you why. The three sub-scores below reveal whether that score is earned through risk minimisation, capital growth, or cashflow — and which portfolio brief it fits.
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Critical to know
Market Trends
Footscray's headline values — $1,051K to buy and $669PW to rent, a 3.3% gross yield. Over the past decade, prices have moved 22.00% and rents 52.85% — the Yield series shows whether that gap is widening (price outpacing rent, yield compressing) or closing.
$1,051K is today. The 10-year trajectory reveals whether that's the top of a run, the start of a new leg, or somewhere mid-cycle. Sign up to unlock the entire trend line.
$669PW today, with rent growth at (+2.6% YoY) compared to price growth (+0.89%). That spread determines yield is expanding or compressing across the next cycle. Sign up to unlock the entire trend line.
Where is Footscray in its cycle - and is the 3.3% yield holding?
Cycle phase tells you whether you're buying near the bottom (room to run) or top (compression ahead). Yield trajectory tells you whether cashflow is durable or being eroded — the single most important question for a long-hold thesis.
Cycle Phase
Cycle Position
Yield Trajectory
Rent vs Price Spread
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Area Risks
Property data alone won't flag the structural risks that can erode a long-hold position. Bushfire overlays, flood-zone exposure, and economic concentration sit outside the price feed but determine whether your capital is insurable, defensible, and structurally protected. Unlock to see.
Are there hidden structural risks shaping Footscray's long-hold story?
Beyond the headline price, Footscray carries risk signals a median can't show — hazard exposure from bushfire and flood overlays, and how narrowly local employment leans on a handful of sectors (the concentration the EDI score quantifies). Together these separate insurable, defensible long-holds from those carrying tail-risk that never surfaces in the headline number.
MADI Risk
EDI Risk
Bushfire
Flood
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Critical to know
Supply & Demand
Footscray's headline numbers show where the market is today. The two cards below answer where it's heading. Direction is what separates a buy from a wait.
Is housing supply tightening or building up?
Stock on Market is one number — the trend is what matters. SoM, inventory, building approvals and hold period together reveal whether the market is starving for stock (price pressure up) or quietly building a pipeline (pressure down).
Stock on Market
Inventory
Building Approvals
Hold Period
Is buyer and renter demand heating up or cooling off?
Vacancy is one signal — the real question is whether demand is still building or quietly peaking. Days on market, vacancy, search index and clearance rate are the four pulse-points — when they diverge, they signal a turning point.
Days on Market
Vacancy Rate
Search Index
Clearance Rate
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Fundamentals
Footscray can look solid on the surface — but the three layers below separate markets that genuinely hold value from ones that only look like they do.
Is Footscray genuinely stable - or just expensive?
IRSAD hints at affluence, but socio-economic strength alone doesn't guarantee resilience. Combined with the renter-to-owner balance and unit-to-house ratio, you get the three signals that separate a tightly-held submarket from one carrying hidden volatility.
IRSAD
Renter to Owner
Units to Houses
Where do Footscray prices go over the next 12 months?
Today's headline price is just a snapshot. Projected ROI and the volatility index tell you whether to commit capital now, wait for a softer entry, or rotate into a steadie submarket.
Projected Annual ROI
Volatility Index
Can you actually buy into Footscray - and exit cleanly?
Tightly-held areas reward long-hold investors but punish anyone who needs liquidity. Annual sales and rental volume reveal whether your capital can reposition — or sits structurally locked in.
Annual Sales Volume
Annual Rental Volume
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Important to know
Education & Infrastructure
Footscray looks tightly-held and stable on the surface — but the three layers below separate areas that genuinely hold value from ones that only look like they do.
Does Footscray's school catchment + infrastructure pipeline justify the price?
School ranks anchor family demand and tenant quality. The active infrastructure pipeline shifts a suburb's price ceiling over the next 5–10 years. Together they tell you whether Footscray has structural support for the next leg of capital growth.
School Rank
Hospitals & Employment
Infrastructure Spend
Transport Projects
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Full HtAG Intelligence
Footscray shows potential. The platform tells you whether it's the best fit for your portfolio.
Price and yield are only the surface. HtAG reads the forces underneath — supply tightening or loosening, demand heating or cooling, and the risks that move slowly but decide long-term growth. Together they show whether Footscray has the structural support for its next leg — or whether the numbers are running ahead of the fundamentals.
The total adult population (15 years or older) of Footscray 3011 VIC is 15,318, with a median age of 34. Of those, 28.73% are married, 11.18% are divorced or separated, 56.48% are single and 3.54% are widowed.
The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $9,184. The median monthly mortgage repayment for households in this suburb is $1,940 which is 21.12% of their earnings.
Source: ABS Census Data (2021)