Footscray shows mixed investment signals that warrant careful consideration. A vacancy rate of 1.5% in Footscray indicates a relatively balanced rental market with reasonable tenant demand.
Price growth of 1.8% over the past 12 months is below the national average, suggesting limited capital growth momentum. Rental yields of 4% are below the national average, affecting income return potential. New dwelling approvals in the area have increased, which may moderate price growth as additional supply enters the market.
PropTime's composite model scores Footscray at 41/100. Investors should conduct thorough due diligence and consider the full 15-factor breakdown available with a free account.
Footscray presents a balanced profile with reasonable indicators across both growth and income metrics.
Based on PropTime's analysis of 15 demand and supply indicators, Footscray scores 41/100 — a Avoid signal. Key indicators include a 1.5% vacancy rate, 4% rental yield, and 1.8% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Footscray data.
The current vacancy rate in Footscray is 1.5%. This represents a reasonably healthy rental market. Some vacancies exist but tenant demand remains solid.
The gross rental yield in Footscray is 4%. The Australian national average is approximately 4.5%, so Footscray is below the national average, which means careful attention to purchase price and loan structure is needed to achieve positive cashflow. Use PropTime's free cashflow calculator to model the full weekly cashflow for Footscray.
PropTime's composite model scores Footscray at 41/100 as of May 2026. Price growth of 1.8% over the past 12 months reflects current market conditions. Create a free PropTime account to access the full 15-factor analysis for Footscray.
Footscray scores 41/100 on PropTime. Similar suburbs by score include Newport, Forest Hill, Clayton South, all within the same VIC market.