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VIC › Footscray › Pickett St

53 Pickett St, Footscray VIC 3011

For saleHouse for Sale

$1,800,000–$1,950,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

3

Car spaces

480 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,800,000–$1,950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,800,000–$1,950,000(Listing record · 22 July 2026)
  • FactLand 480 m²; no building size recorded.(Property record)
  • CalculationAsk is 105% above the Footscray median recorded sale ($880,000, n=31, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Footscray's advertised median rent ($498/wk), implied gross yield would be 1.44% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,800,000–$1,950,000

Asking range · $3,750/m² of land

No recorded sale for this property.

Footscray at a glance

20,920

People

$880,000

Median sale

$498/wk

Median rent

2.94%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Footscray report →

Vs Footscray

+104.5%

Median sale

Suburb $880,000

-1.50 pp

Gross yield

Suburb 2.94%

Suburb median $880,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,800,000
Stamp Duty (Victoria)
$99,000
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,906,314

$106,314 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Footscray's advertised median rent — not a rent for this listing.

Net yield
-0.06%
Annual cashflow (pre-tax)
$-94,704
Interest cover (DSCR)
-0.01
Annual rent
$25,896
Operating expenses
$27,000
Loan amount
$1,440,000
Annual interest
$93,600
Gross yield
1.44%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,800,000–$1,950,000available22 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $498/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Footscray in one glance

Footscray at a glance

20,920

People

$880,000

Median sale

$498/wk

Median rent

2.94%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Footscray report →

Keep researching

  • Why Footscray? Read the area thesis →
  • What else is on the market in Footscray →
  • Other records on Pickett St →

Listing material

Listed by Burnham Real Estate Footscray / Seddon / Deer Park

Family-Sized Living in Central Footscray on a Coveted 480m²

Perfectly positioned in the very heart of Footscray, this substantial four-bedroom residence presents an increasingly rare opportunity to secure a move-in-ready family home on a generous 480m² (approx.) allotment, enhanced by the flexibility and future promise of Activity Centre Zone Schedule 1 (ACZ1) zoning.

Beautifully maintained and ready to enjoy from day one, the home offers the size, versatility and functionality that large and growing families desire, while simultaneously delivering exceptional long-term investment and development potential (STCA). Combining expansive interiors, multiple living zones and outstanding entertaining spaces, this is a residence designed to evolve with your family's needs for years to come.

At the heart of the home lies a spectacular oversized kitchen sure to impress home chefs and entertainers alike. Finished with stone benchtops and a full stone splashback, it features an enormous central island breakfast bar, a 1200mm freestanding ILVE gas cooker and oven, endless two-pack cabinetry and a convenient servery window that seamlessly connects the kitchen to the outdoor entertaining pergola.

Read the full description

The sense of scale continues throughout, with a luxurious, light-filled lounge providing a wonderful space for everyday living, complemented by a second upstairs retreat ideal for teenagers, guests or those working from home. An extra-large dining area forms the centrepiece of family gatherings and effortlessly opens onto a decked outdoor pergola, creating a seamless indoor-outdoor lifestyle perfectly suited to entertaining on any scale.

Accommodation is equally impressive. The expansive master retreat is flooded with natural light and enjoys direct access to a private balcony, complemented by a well-appointed ensuite. The remaining bedrooms are all generously proportioned and fitted with built-in robes, serviced by a stunning central bathroom showcasing porcelain feature tiling, an oversized shower and double vanity.

Adding another layer of versatility is a huge rear studio, complete with its own powder room and separate study. Whether utilised as a home office, creative workspace, gym, teenager's retreat, guest accommodation or multi-generational living zone, it provides valuable additional space rarely found so close to the CBD.

Outside, the beautifully landscaped backyard creates a private sanctuary designed for relaxation and entertaining. Established trees, extensive timber decking, a tranquil water feature and ornamental pond combine to create an inviting outdoor setting that feels worlds away from the surrounding urban convenience.

Located moments from Footscray's celebrated café and dining precinct, Footscray Market, Victoria University, Footscray Hospital, schools, parklands and Footscray Station, this exceptional address delivers the ultimate combination of family living, lifestyle convenience and future potential. Move straight in and enjoy the home's generous proportions and outstanding amenities today, while securing a significant landholding with valuable ACZ1 zoning for the future.

Additional features include-

-Remote front gate

-Lock up garage

-Security front door

-Additional linen cupboards

-Walk-through laundry

-Internal access to garage

-Intercom access on both levels

-Alarm system

-Split system heating and cooling in all bedrooms

-Ducted heating and cooling

-Combination of porcelain and timber floors throughout

-IXL heater/fan in central bathroom

-Shed

Disclaimer: All information and illustrations are provided for marketing purposes only and do not constitute any representation by the agent or vendor. While every effort has been made to ensure accuracy, no warranty is given. Interested parties should make their own enquiries and rely on their own due diligence.

Listing description written by Tony Gerace, Burnham Real Estate Footscray / Seddon / Deer Park — reproduced as published, not verified by Districts.

Property features

  • Toilets: 4
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.