West Footscray, 3012 ranked 438th 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
The five-year average increase in median property values for West Footscray,3012 has given property investors a potential capital gain of 28.72% across each of those five years.
Sellers are offering property buyers an average discount of -4.31% to buyers in West Footscray at the moment, which is less than average for the rest of VIC.
West Footscray is 430th on a list of best yielding suburbs for rents in VIC with a 2.97% return
Investment property in West Footscray has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.30%
Over the longer term, West Footscray has seen property prices show investors a 1.33% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for West Footscray is $380000, with sellers offering an average of -7.15% off the asking price.
In the last year 94 properties changed hands in West Footscray, which puts it as the 90th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $300 weekly from the median priced house in this suburb.