Is Footscray a good suburb?
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Is Footscray a good suburb?
The area is generally pretty safe despite what some people say about it, there are some colourful characters around but they are mostly harmless. In terms of value for money you can’t go past Footscray as it is one of, if not the most affordable suburb in relation to it’s proximity to the CBD.
Is Footscray rough?
Footscray has a high violent crime rate and a high property crime rate for Melbourne.
What is Footscray famous for?
Along with the arts, Footscray’s known for its thriving food scene, with few better places to get authentic Vietnamese and African cuisine in Melbourne. It’s also home to one of the best burger joints around.
Which part of Melbourne is Footscray?
Footscray is an inner-western suburb of Melbourne, Australia, 5 km from Melbourne’s Central Business District. Its local government area is the City of Maribyrnong.
Is Footscray expensive?
Median prices in Footscray The Footscray median house price is $975,000 based on 158 sales in the past 12 months. The median unit and apartment price is $475,000 based on 262 sales in the past 12 months.
Why is Footscray called Footscray?
—FOOTSCRAY— Declared a municipality in 1859, Footscray is named after Foots Cray, an area south-east of London. Foots Cray, in turn, was named after Godwin Fot – a Saxon recorded in the Domesday Book of 1086 as being the owner of the land – and the river Cray, which runs through the property.
Is Footscray a good investment?
If you are looking for an investment property, consider houses in Footscray rent out for $480 PW with an annual rental yield of 2.7% and units rent for $340 PW with a rental yield of 4.2%. Based on five years of sales, Footscray has seen a compound growth rate of 12.4% for houses and 1.6% for units.
What are the cheapest suburbs in Victoria?
The top 10 suburbs for affordable houses in Victoria
| Suburb | Postcode | Median Capital City Price |
|---|---|---|
| Koo Wee Rup | 3981 | $908,239 |
| Sunbury | 3429 | $908,239 |
| Cranbourne North | 3977 | $908,239 |
| Lara | 3212 | $908,239 |
Where do Australia’s richest live?
Sydney’s eastern suburbs have raced to the top as the favoured place to live by Australia’s highest earning residents. According to the latest report by the Australian Tax Office, residents of the premium suburbs of Darling Point, Edgecliff and Point Piper earned the highest mean income of $177,514 during 2012-13.
What is the richest suburb in Melbourne?
Toorak
Victoria’s 3142 postcode, which comprises Toorak and Hawksburn and sits just five kilometers south-east of Melbourne’s CBD, is home to more of Australia’s richest millionaires and billionaires than any other suburb in the country.
What Aboriginal land is Footscray?
The area around Footscray was originally home to the Wurundjeri Woi Wurrung and the Bunurong peoples of the Kulin Nation for more than 40,000 years. Maribyrnong is an anglicised version of the Aboriginal term ‘Mirring-gnay-bir-nong’, which translates as ‘I can hear a ringtail possum’.
What is the cheapest place to live in Victoria?
A town of less than 900 people in Victoria’s wheat country is the state’s cheapest place to call home. Murtoa, in the Wimmera, recorded a median house value of $156,642 in 2021, according to CoreLogic’s Best of the Best report.
