Footscray is an established suburb in Victoria within the Maribyrnong local government area (postcode 3011). It is home to about 17,131 residents, with a mix of families and early-career residents and a median age of 34. Households earn a median income of $92K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in Footscray is $943,000, having dipped slightly by 1.8% over the past year. Units have a median price of $410,000 (-21.2% YoY). The current median weekly rent is $525. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,940.
Footscray is served by 6 schools, including 5 primary, 1 secondary. The average ICSEA score is 1098, which is above the national average of 1,000. Public transport access includes 14 rail stations, 102 bus stops. Healthcare facilities include 4 public and 2 private hospitals. The crime rate in the Maribyrnong LGA is higher than average at 12,887 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.9%, which reads as low yield. Property prices are near the state median ($943K/$850K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved -1.8% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.