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.
VIC › Footscray › Ballarat Rd
$490,000–$529,990
For sale
Asking range
2
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$490,000–$529,990
Asking range
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.
Vs Footscray
-44.3%
Median sale
Suburb $880,000
+2.34 pp
Gross yield
Suburb 2.94%
Suburb median $880,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$29,421 on top of the price (6.0% extra)
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.
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.
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
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.
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.
Gross yield if leased at the suburb aggregate is 5.3%. 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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Shift Real EstateStep into sophisticated apartment living at 707/188 Ballarat Road, where modern comfort meets the vibrant energy of one of Melbourne's most exciting neighborhoods. This immaculate 2-bedroom, 2-bathroom apartment with a car space & lockable storage cage places you at the heart of Footscray's cultural renaissance, offering the perfect blend of urban convenience and contemporary style.
Thoughtfully designed for modern living, this residence features two generously proportioned bedrooms and two well-appointed bathrooms, ensuring comfort and privacy for residents and guests alike. The apartment's thoughtful layout maximizes space and natural light, creating an inviting atmosphere throughout. Step out onto your private balcony, where you can enjoy your morning coffee while taking in the dynamic streetscape below or unwind after a busy day with views over this thriving inner-city locale.
Located on the iconic Ballarat Road, you're perfectly positioned to embrace everything Footscray has to offer. This multicultural hub has earned international recognition, ranking 13th in Time Out's '50 Coolest Neighbourhoods in the World' 2019 for its incredible diversity, innovative dining scene, and flourishing arts culture.
• Over 130 restaurants within walking distance, featuring authentic Vietnamese, Indian, Chinese, Ethiopian, and Italian cuisines
• Footscray Market nearby offering fresh produce, seafood, and specialty foods from around the world
• Easy access to Footscray Community Arts Centre, home to contemporary performances and cultural events
• The vibrant Footscray Park, classified heritage parkland perfect for recreation and relaxation
Transport connectivity couldn't be better, with Footscray Station being Melbourne's busiest non-CBD railway station, providing direct links to the city center and regional destinations. Multiple bus routes service the area, while major arterials ensure easy access by car to Melbourne's CBD, just 5 kilometers away, and beyond to Geelong and regional Victoria.
The suburb's rich history as a meeting place of diverse cultures continues today, creating a unique community atmosphere where traditional markets sit alongside trendy cafes and bars. From the historic Footscray Town Hall's American Romanesque architecture to contemporary street art installations, the area seamlessly blends heritage character with modern urban living.
Families will appreciate the proximity to quality educational facilities and childcare options, while the nearby Maribyrnong River provides scenic walking and cycling paths for active lifestyles. The area's ongoing development includes new parks, improved streetscapes, and enhanced community facilities, ensuring continued growth in lifestyle amenities.
• Short walk to Footscray's bustling shopping precincts and specialty stores
• Close to healthcare facilities and community services
• Regular festivals and events celebrating the area's multicultural heritage
• Growing arts scene with galleries, theaters, and music venues
This apartment represents an exceptional opportunity to secure a piece of Footscray's exciting future while enjoying all the conveniences of established urban living. Whether you're a young professional seeking vibrant city living, a couple wanting to be part of Melbourne's most dynamic community, or an investor looking to capitalize on one of the city's fastest-growing areas, this property delivers on every level.
The combination of quality accommodation, unbeatable location, and access to Footscray's renowned dining, entertainment, and cultural offerings makes this apartment a standout choice in today's competitive market. Don't miss your chance to call this exceptional neighbourhood home and experience the best of Melbourne's inner-west lifestyle.
Listing description written by Michael Acott, Shift Real Estate — reproduced as published, not verified by Districts.
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