Drouin West vs Essendon West
Property investment comparison - Drouin West, VIC 3818 vs Essendon West, VIC 3040
Head-to-head across core investment metrics: Drouin West wins 2, Essendon West 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 | Drouin West | Essendon West |
|---|---|---|
| Median house price | $1.5M | $1.5M |
| Median unit price | $670K | $785K |
| Gross rental yield (houses) | - | 3.09% |
| Gross rental yield (units) | 3.79% | 4.63% |
| 1-year house growth | - | +3.8%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.7% | 3.1% |
| Population | 361 | 1,559 |
Drouin West vs Essendon West: what the numbers say
The median house price is $1.5M in Drouin West and $1.5M in Essendon West, so Essendon West is the cheaper entry point, with Drouin West houses about 1% dearer.
For units, Drouin West sits at a median of $670K against $785K in Essendon West, which makes Drouin West the more affordable unit market and Essendon West the pricier one.
Rental vacancy is 1.7% in Drouin West and 3.1% in Essendon West, so landlords in Drouin West face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Essendon West is the bigger suburb, with a population of 1,559 against 361, roughly 4.3 times the size of Drouin West; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Essendon West for a lower purchase price, Drouin West 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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