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.
$300,000–$315,000
For sale
Asking range
1
Bedrooms
1
Bathrooms
0
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
$300,000–$315,000
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
-65.9%
Median sale
Suburb $880,000
+5.69 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.
$17,576 on top of the price (5.9% 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 8.6%. 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 Harris Leech PropertyPositioned on the ninth floor in a desirable corner position, this spacious one-bedroom apartment combines abundant natural light, contemporary comfort and outstanding city-fringe convenience.
Designed by JAM Architects and built by Hacer, the residence forms part of a secure and well-maintained development, integrated with the Footscray Plaza retail complex, with shopping, transport, dining and everyday essentials all within easy reach.
Inside, floating floorboards flow through the light-filled open-plan with contemporary kitchen featuring stone benchtop, stainless steel appliances including dishwasher, and excellent storage.
The carpeted bedroom includes a mirrored built-in robe, while the modern bathroom and well-designed European laundry add to the apartment's practical appeal.
Features include :
- Spacious one-bedroom floorplan of approximately 49m2 + 9m2 balcony
- Ninth-floor corner position with excellent natural light
- Floating floorboards through the living area
- Contemporary kitchen with stone benchtop, stainless steel appliances including dishwasher, and ample cupboard space
- Generously sized bedroom with mirrored built-in robe
- Modern bathroom with generous shower
- Split-system heating and cooling
- European laundry with trough
- Additional secure storage located on the same floor
- Secure intercom entry and lift access
- Communal entertaining space with BBQ facilities
- Coles supermarket, Kmart, Priceline pharmacy, Anytime Fitness, and other specialty businesses conveniently located within the complex.
The location is hard to beat. Footscray Station, Footscray Market, cafés, restaurants and shopping are all within walking distance, while Victoria University and the new Footscray Hospital precinct are close by.
For weekends, enjoy Footscray's parks and the Maribyrnong River trails, or explore nearby Seddon and Yarraville's popular cafés, restaurants and village shopping.
With Melbourne's CBD only a short trip away, this is an outstanding opportunity for first-home buyers, professionals or investors seeking space, natural light and convenience in one of Melbourne's most dynamic inner-west locations.
Investment Information :
The property is currently returning $1,868 per month = $430 per week.
Current annual outgoings are approximately :
- Owners Corporation $3,477
- Council rates $966
- Water rates $791
The Vendor Statement is prepared and ready to go, allowing interested buyers to move quickly.
We look forward to seeing you at the next inspection.
Listing description written by Joseph McCurry, Harris Leech Property — reproduced as published, not verified by Districts.
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