Footscray and Yarraville are the two standout inner-west Melbourne investment suburbs for 2026. Both are within 5km of the CBD. Both have strong tenant demand, walkable high streets and significant infrastructure backing from the West Gate Tunnel project. But they appeal to different buyer profiles. Here is the full GeeVee comparison.
| Metric | Footscray | Yarraville |
|---|---|---|
| Median House Price | $920,000 | $1,150,000 |
| Median Unit Price | $490,000 | $620,000 |
| Gross Yield (House) | 4.1% | 3.4% |
| Gross Yield (Unit) | 5.2% | 4.3% |
| 5-Year Growth | 34% | 29% |
| Walk Score | 95 | 88 |
| GeeVee Score | 8.0/10 | 7.7/10 |
GeeVee Verdict
Footscray wins on yield, growth and entry price. Yarraville wins on established lifestyle premium and owner-occupier quality. For investors, Footscray is the stronger 2026 buy — lower entry price, higher yield and stronger five-year growth trajectory. For owner-occupiers, Yarraville’s village atmosphere and heritage stock command a justified premium.
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