Footscray is Melbourne’s most compelling gentrification story of the past decade. Just 4km from the CBD, the suburb has transformed from an overlooked industrial hub into one of inner Melbourne’s most vibrant food and lifestyle precincts. The Metro Tunnel’s new Footscray Station — now operational — has supercharged both rental demand and capital growth.
Footscray Market Snapshot 2026
| Metric | Houses | Units |
|---|---|---|
| Median Price | $985k | $480k |
| Rental Yield | 4.2% | 5.4% |
| Annual Growth | +8.9% | +6.3% |
| Median Rent (pw) | $520 | $380 |
| Days on Market | 26 | 31 |
| Vacancy Rate | 1.7% | 2.0% |
GeeVee Investment Score — Footscray
| Factor | Score |
|---|---|
| Rental Yield | 8/10 |
| Capital Growth | 9/10 |
| Infrastructure | 9/10 |
| Tenant Demand | 9/10 |
| Value Entry | 8/10 |
| GeeVee Score | 8.6/10 |
Footscray is one of the highest-scoring suburbs in Melbourne for the growth-focused investor. The Metro Tunnel completion is the most significant single infrastructure event for any inner Melbourne suburb in 2026.
Access off-market Footscray listings at collings.com.au/portal
Footscray Property FAQs
Is Footscray a good investment suburb in 2026?
Footscray scores 8.6/10 on the GeeVee Investment Score — among the highest in Melbourne. The Metro Tunnel completion, strong gentrification momentum and sub-$1M house prices make it one of the most compelling inner-city investment cases in 2026.
What is the median house price in Footscray?
The median house price in Footscray is approximately $985k in 2026, making it one of the last sub-$1M house markets within 5km of the Melbourne CBD.
Whether you are buying, selling or investing in Footscray, the Collings Property Platform gives you access to off-market opportunities and GeeVee AI analysis. Join free today. collings.com.au/portal
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