28 Clive Street, West Footscray VIC 3012
28 Clive Street, West Footscray VIC 3012
Quiet inner-west pocket | period-house feel with villa options | family demand and rear-laneway potential | close to Footscray West Primary | selective market, not deep
Clive Street is an established West Footscray belt with a mix of period houses and villas, creating a settled feel. The strongest appeal is offered to families wanting a quiet, no-through-traffic spot close to the city, parks, and Footscray West Primary. A period house here is characterised by heritage charm and practical living, and extension potential is added by rear laneway access. For a well-presented dwelling, demand is driven by owner-occupiers who value long-term amenity, supporting a stable price outcome. The property is best suited to a buyer seeking an inner-west family base with character and shape potential.
Value may be central to the dwelling’s form, as different prices are commanded by a period house and a modernised villa. Condition may outweigh land size, though renovation or a second dwelling could be supported by a rear-access block. The form may need to be reflected in pricing, but strong interest could still be drawn by a well-kept character home.
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Clive Street, West Footscray VIC 3012
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
West Footscray is an established inner-west suburb drawing demand from high-income professionals, with most households earning between $78,000 and $130,000 and working in professional roles. House prices are dispersed across sources, ranging from $840,000 to $990,000, with annual growth swinging from -4.5% to 7.0% depending on the data set, signalling a fragmented, price-sensitive market. Units range from $385,000 to $580,000, with most sources recording declines, including a 25.4% fall. Houses sell in 25–56 days, indicating steady turnover despite mixed price momentum. Rental yields favour units at roughly 5%, versus 3.1–4.1% for houses, supporting investor activity. The key risk remains rate sensitivity, evidenced by softening unit values and wide price variance, while future growth depends on infrastructure and schooling, for which no data confirms current drivers.
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PropCred Estimated Value
Comparable Sales: a 3/2/3 house on Clive Street sold at $1.18M and a 4/2/1 house at $1.71M | Property Price Band: $1.1M–$1.2M | Value Drivers: condition, land size, rear-access potential
Bedrooms
2
Bathroom
1
Parking
-
Land
282m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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