2 Khartoum Street, West Footscray VIC 3012
2 Khartoum Street, West Footscray VIC 3012
3/2/2 house on 238m² | solid inner-west location | family-oriented market | compact but practical layout | school catchment boundary
The property is a three-bedroom, two-bathroom house with double parking on a compact 238m² block. That configuration is considered strong for West Footscray, where family buyers are drawn to turn-key homes with parking and low-maintenance yards. The house is expected to suit owner-occupiers wanting an established residential street near schools and local amenities. Its compact land size is balanced by a practical layout and the presence of two bathrooms, a notable advantage over older character stock in the same pocket. The immediate area retains a mix of renovated family homes and period houses, which gives it a settled neighbourhood feel. Demand is underpinned by consistent buyer interest and moderate turnover, suggesting this property serves the mid-range family segment well.
The value may be influenced by the property’s orientation and internal condition, which are not strongly documented. The 238m² parcel is seen as limiting extension potential, so the price is likely to reflect current finish and livability rather than development upside. School boundaries in this pocket vary within short distances, so the assigned catchment could affect family demand. The absence of confirmed overlays is a positive, while the unclear building age may invite closer inspection. These factors might not materially shift price, but they are worth weighing when forming a view.
>> Comparable Sales: 30 Clarke Street, West Footscray sold for $1,000,000 in Feb 2026 | Property Price Band: $800K–$900K | Value Drivers: condition, layout, land size
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Khartoum Street, West Footscray VIC 3012
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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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
Bedrooms
3
Bathroom
2
Parking
1
Land
238m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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