Local architectural design specialists
Welcome. Barnes & Matina are here to bring your Footscray residential property development projects to life with our Architecture & Design Services in Footscray.
As a Melbourne-based full-service residential architectural building design practice, we offer comprehensive management of the entire property development process from start to finish, ensuring a seamless and stress-free experience for you.
Our services include feasibility, concept & design development, town planning, interior design, construction documentation and project management. We specialise in new builds, knock down rebuilds, extensions and renovations, Dual occupancy developments and heritage projects. Find out how we can transform your vision into reality and bring your project to life in the beautiful suburb of Footscray.
Inform your investment decisions with the latest property market insights for Footscray, Victoria
Property Market Trends (2014-2024)
- Median Property Prices: Over the past decade, the median price for houses in Footscray has increased significantly, from approximately $650,000 in 2014 to around $1,100,000 in 2024. Similarly, unit prices have risen from about $400,000 to $650,000 during the same period.
- Annual Growth Rates: Houses in Footscray have experienced an average annual growth rate of around 6.0%, while units have grown at an average annual rate of about 5.5%. This steady growth reflects the suburb’s rising demand and increasing property values.
- Sales Volume and Market Activity: Sales volumes have remained relatively stable, with around 150-200 house sales per year. The average days on market for properties have generally decreased, indicating a competitive market.
Rental Market Trends
- Median Rent: The median rent for houses in Footscray has increased from approximately $400 per week in 2014 to $600 per week in 2024. For units, the rent has risen from about $350 to $500 per week. This increase in rental prices highlights the rising demand for rental properties in the area.
- Rental Yield: Rental yields have remained attractive for investors, with current yields at about 3% for houses and 4% for units. This suggests a healthy rental market with good returns for property investors.
Demographic Insights
- Population Growth: Footscray has seen steady population growth over the past decade, driven by its proximity to Melbourne CBD and its appeal to a diverse population, including students and young professionals. This demographic shift has supported the increase in property values and rental demand.
- Household Income: Median household incomes have risen, reflecting the suburb’s increasing affluence and the influx of higher-income residents.
Custom Design Services for Your Home
At Barnes & Matina, we pride ourselves on being the go-to local Architecture & Design Services in Footscray and the surrounding Maribyrnong area.
Our deep understanding of the local landscape and community needs allows us to create designs that not only meet but exceed your expectations.
From initial consultations to final touches, our team is committed to delivering exceptional results that enhance the charm and character of Footscray.
Your Local Building Designers in Footscray
Building a home is a significant undertaking, and not to be taken lightly. Having a reliable partner will make all the difference.
Barnes & Matina provide an end-to-end design services for your Footscray project. We feel it is our responsibility to ensure we align how you do you and the spaces you do it in.
Our team handles all aspects of the process. From the moment you contact us we are listening to your vision. With our expertise, you can rest assured that your project is in capable hands.
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Let's develop your vision
If you’re considering a dual occupancy or townhouse development, let Barnes & Matina be your guide. We’re committed to transforming your vision into reality, ensuring that your development project not only meets but surpasses your aspirations.
Call us today on +61 0410 624 921 or shoot us a message below.
