Giving property investors a an average capital gain of 3.37% for the last year, West Footscray, 3012 is the 2417th highest performer in Australia in this respect.
West Footscray,3012 was ranked 1945 in Australia by increase in median property value over the quarter.
The most recent median price for West Footscray is $690000, with sellers offering an average of -3.61% off the asking price.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
West Footscray, 3012 ranked 279th in VIC when comparing growth in median property values or capital gain over the last 12 months. West Footscray is one of 2098 in our list for VIC
While West Footscray,3012 ranked number 61th in VIC for increase in median house value (annualised) increase, it is ranked 114th over the last 5 years.
The most recent median price for West Footscray is $391250, with sellers offering an average of -7.99% off the asking price.
At number 723 in a list of fastest selling suburbs, West Footscray is just in the top half of suburbs in Australia with an average of days on market 72.35 for properties listed there.
A $298.5 per week rent on the median house gives suburb investors a gross yield of circa 3.97%, without taking into account capital value appreciation, which has been averaging out at 6.56%.