West Footscray has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 17.47% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, West Footscray comes in at number 212th in VIC.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in West Footscray, 3012. Typically our figures indicate that -2.34% is being offered, which puts this VIC suburb at 3621th most discounted overall in Australia.
On average over the past year, suburb has had 9.67 sales per month, which equates to 116 per year.
Situated 8.33km from the CBD, West Footscray is one of Maribyrnong localities in the postcode 3012.
Property value increases in West Footscray have tracked just lower than the VIC average of 6.52% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, West Footscray comes in at number 284th in VIC.
Our latest figures would indicate that property sellers in West Footscray are currently offering property investors an average price cut of -6.85% below the asking price at the moment.
Residents and property investors in West Footscray have been waiting around 98.42 days to sell a property.
The VIC suburb of West Footscray, 3012 is in the Maribyrnong local government area.