Ellinbank vs Footscray
Property investment comparison - Ellinbank, VIC 3821 vs Footscray, VIC 3011
Head-to-head across core investment metrics: Ellinbank wins 1, Footscray wins 4. 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 | Ellinbank | Footscray |
|---|---|---|
| Median house price | $930K | $935K |
| Median unit price | $830K | $470K |
| Gross rental yield (houses) | 2.38% | 3.49% |
| Gross rental yield (units) | 1.53% | 5.80% |
| 1-year house growth | - | -0.9% |
| 3-year house growth | - | +1.1% |
| Vacancy rate | 12.3% | 1.5% |
| Population | 229 | 17,131 |
Ellinbank vs Footscray: what the numbers say
The median house price is $930K in Ellinbank and $935K in Footscray, so Ellinbank is the cheaper entry point, with Footscray houses about 1% dearer.
For units, Ellinbank sits at a median of $830K against $470K in Footscray, which makes Footscray the more affordable unit market and Ellinbank the pricier one.
On cash flow, Footscray leads: houses there return a gross rental yield of 3.49%, compared with 2.38% in Ellinbank, a gap of 1.11 percentage points.
Rental vacancy is 1.5% in Footscray and 12.3% in Ellinbank, 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 229, roughly 75 times the size of Ellinbank; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Footscray for rental income, Ellinbank 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison