This property is Off Market
With an average age of 34, households expect an average monthly mortgage payment of $1,842 or a weekly rent payment of $350. The average family earns a weekly income of $2,583 with a typical household size of 2.3 and a 95.03% employment rate.
In West Footscray there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in West Footscray are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in West Footscray provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in West Footscray necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in West Footscray we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make West Footscray a better buying opportunity than it may have been in the past.
(Country of Birth not stated 2%)
West Footscray - Tottenham a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
58 / 100
52 / 100
21 / 100
17 / 100
33 / 100
32 / 100
00 / 100
70 / 100
32 / 100
34 / 100
Incidents Trend State Average
Yarraville Special Developmental SchoolYarraville, VIC, 3013 State U
Yarraville West Primary SchoolYarraville, VIC, 3013 State Prep-6
St John's SchoolFootscray, VIC, 3011 Independent Prep-6
Kingsville Primary SchoolYarraville, VIC, 3013 State Prep-6
Footscray West Primary SchoolWest Footscray, VIC, 3012 State Prep-6
Wembley Primary SchoolYarraville, VIC, 3013 State Prep-6
St Augustine's SchoolYarraville, VIC, 3013 Independent Prep-6
Corpus Christi SchoolKingsville, VIC, 3012 Independent Prep-6
Footscray Primary SchoolFootscray, VIC, 3011 State Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.