Cornishtown vs West Footscray
Property investment comparison - Cornishtown, VIC 3683 vs West Footscray, VIC 3012
Head-to-head across core investment metrics: Cornishtown wins 1, West Footscray wins 3. 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 | Cornishtown | West Footscray |
|---|---|---|
| Median house price | $1.0M | $1.0M |
| Median unit price | $435K | - |
| Gross rental yield (houses) | 2.31% | 3.36% |
| Gross rental yield (units) | 2.26% | 5.22% |
| 1-year house growth | - | +0.6% |
| 3-year house growth | - | +14.3% |
| Vacancy rate | 1.9% | 1.7% |
| Population | 94 | 11,729 |
Cornishtown vs West Footscray: what the numbers say
The median house price is $1.0M in Cornishtown and $1.0M in West Footscray, so Cornishtown is the cheaper entry point.
On cash flow, West Footscray leads: houses there return a gross rental yield of 3.36%, compared with 2.31% in Cornishtown, a gap of 1.05 percentage points.
Rental vacancy is 1.7% in West Footscray and 1.9% in Cornishtown, so landlords in West Footscray face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
West Footscray is the bigger suburb, with a population of 11,729 against 94, roughly 125 times the size of Cornishtown; a larger suburb usually means a deeper pool of buyers and tenants.
In short: West Footscray for rental income, Cornishtown for a lower purchase price, West Footscray for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
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West Footscray, VIC 3012
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