Atlaso rates Footscray houses as HOLD. Average growth outlook. Prices remain 13% below their 5-year trend, suggesting room for recovery, but prices declined 14.5% over the past year. Better houses options may be available in Melbourne.
At $955K, Footscray ranks #19 of 263 houses in Melbourne. The long-term structural outlook is Average. Properties sell in 27 days.
OPPORTUNITY ENGINE
Structural opportunity remains selective at this price level.
5 stronger-positioned houses identified in Melbourne.
Atlaso rates Footscray as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Footscray and 46 Australian cities to generate this rating.
What is the median house price in Footscray?
The current median house price in Footscray, vic is $955K, with annual growth of +19.2%. Properties sell in approximately 27 days.
How fast do properties sell in Footscray?
Properties in Footscray sell in 27 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Footscray?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Footscray's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Footscray?
The gross rental yield for houses in Footscray is 3.7%. This is in line with the broader market average.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).