Footscray is one of Melbourne’s most compelling inner-west investment suburbs for yield-growth combination. Gentrification of the Footscray CBD, direct rail to the city, Victoria University precinct and the Maribyrnong River corridor all drive strong rental demand at an accessible price point.
Footscray Rental Yield Data 2026
| Property Type | Median Price | Median Weekly Rent | Gross Yield |
|---|---|---|---|
| House | $890,000 | $560 | 3.3% |
| Unit/Apartment | $510,000 | $430 | 4.4% |
| Townhouse | $720,000 | $530 | 3.8% |
Is Footscray Good for Rental Yield?
Footscray offers one of the best yield-to-capital-growth combinations of any inner Melbourne suburb. At 3.3% for houses and 4.4% for units, yield is well above the inner-ring average. The gentrification trajectory — following the same pattern as Fitzroy and Northcote a decade earlier — suggests capital growth will compress yields further over the next five years. The window for both yield and growth may be closing.
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Frequently Asked Questions
What is the rental yield in Footscray?
Gross rental yield in Footscray is approximately 3.3% for houses and 4.4% for units in 2026.
Is Footscray a good investment suburb?
Yes. Footscray offers above-average yield for an inner suburb (within 7km of CBD) and a strong gentrification growth story. GeeVee rates it 8.0/10 for total return potential.
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