Cashmore vs Footscray
Property investment comparison - Cashmore, VIC 3305 vs Footscray, VIC 3011
Head-to-head across core investment metrics: Cashmore wins 1, Footscray wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Cashmore | Footscray |
|---|---|---|
| Median house price | $930K | $935K |
| Median unit price | - | $470K |
| Gross rental yield (houses) | 3.38% | 3.49% |
| Gross rental yield (units) | - | 5.80% |
| 1-year house growth | - | -0.9% |
| 3-year house growth | - | +1.1% |
| Vacancy rate | 2.7% | 1.5% |
| Population | 197 | 17,131 |
Cashmore vs Footscray: what the numbers say
The median house price is $930K in Cashmore and $935K in Footscray, so Cashmore is the cheaper entry point, with Footscray houses about 1% dearer.
On cash flow, Footscray leads: houses there return a gross rental yield of 3.49%, compared with 3.38% in Cashmore, a gap of 0.11 percentage points.
Rental vacancy is 1.5% in Footscray and 2.7% in Cashmore, so landlords in Footscray face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Footscray is the bigger suburb, with a population of 17,131 against 197, roughly 87 times the size of Cashmore; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Footscray for rental income, Cashmore for a lower purchase price, Footscray for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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