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LGA · VIC · INNER-WEST MELBOURNE

City of Maribyrnong

Inner-west LGA anchored by the $1.5B Footscray Hospital and 48,000-home target. Roughly 7km from Melbourne CBD.
Inner-West Melbourne Hotspotting refresh: Jun 2026 7km from CBD

Investment thesis

What this LGA is for
Inner-west Melbourne LGA covering Footscray, Maidstone, Maribyrnong, Seddon, West Footscray and Yarraville. Population forecast to grow from 94,250 (2024) to 155,000 by 2051 with Footscray adding 24,530 residents and Maribyrnong itself doubling to 30,000+. Gross Regional Product $7.815 billion (FY2024). Unemployment 4.2%, low. State Government has nominated West Footscray, Middle Footscray and Tottenham stations for higher-density apartments up to 12 storeys to help hit a 48,000-home target by 2051. The $1.5 billion Footscray Hospital completing in late 2025 is one of the state's largest-ever health infrastructure projects.

Key numbers

Snapshot of the City of Maribyrnong economy and demographics.

Gross Regional Product
$7.815B
New home target by 2051
48K
Unemployment (Jun 2025)
4.2%
Footscray Hospital
$1.5B

Infrastructure pipeline

The committed and in-flight infrastructure spend reshaping the LGA.

$1.5B
Footscray Hospital
One of the state's largest-ever health infrastructure projects. Completing late 2025. Major employment + rental demand anchor.
Major
12-storey high-density zoning
State Govt nominated apartment towers up to 12 storeys near West Footscray, Middle Footscray and Tottenham stations. Major Activity Centre planning unlocked late 2025.
48K
Homes target by 2051
State Government additional dwelling target. Drives the apartment supply pipeline.
$21.6M
FY2026 Council projects
5 major projects funded. Includes Maribyrnong Aquatic Centre gas conversion.
Major
Highpoint Shopping Centre
Victoria's third-largest shopping centre. Anchors the LGA's retail economy.
Major
Victoria University Footscray Park
Major tertiary campus. Western Institute of Technology at Maidstone.

Suburbs in scope

Suburbs we actively track within City of Maribyrnong. House market data from PropTrack via Hotspotting LGA report (12 months trailing).

SuburbMedian (house)Yield1yr growthVacancyRead
Yarraville$1.125M3.20%-5%0.80%Premium gentrified inner-west. 250 sales/yr deepest liquidity
Seddon$1.095M3.50%+2%0.60%Established premium
Maribyrnong$956K3.50%-5%1.10%Suburb forecast to double to 30K+ by 2051
West Footscray$952K3.10%+2%0.90%12-storey high-density rezoning near station
Footscray$912K3.40%-6%1.20%$1.5B hospital adjacency. Unit median $480K at 5.8% — apartment-thesis entry
Maidstone$835K3.70%+4%1.00%Affordable LGA entry. Unit median $646K at 4.5%
Braybrook$750K3.60%+4%1.20%Most affordable entry. Unit median $625K at 4.6%

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