Essendon West vs Sailors Hill
Property investment comparison - Essendon West, VIC 3040 vs Sailors Hill, VIC 3461
Head-to-head across core investment metrics: Essendon West wins 1, Sailors Hill wins 1. 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 | Essendon West | Sailors Hill |
|---|---|---|
| Median house price | $1.5M | $1.5M |
| Median unit price | $785K | - |
| Gross rental yield (houses) | 3.09% | - |
| Gross rental yield (units) | 4.63% | - |
| 1-year house growth | +3.8%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 3.1% | 3.5% |
| Population | 1,559 | 72 |
Essendon West vs Sailors Hill: what the numbers say
The median house price is $1.5M in Essendon West and $1.5M in Sailors Hill, so Sailors Hill is the cheaper entry point, with Essendon West houses about 1% dearer.
Rental vacancy is 3.1% in Essendon West and 3.5% in Sailors Hill, so landlords in Essendon West face less competition for tenants.
Essendon West is the bigger suburb, with a population of 1,559 against 72, roughly 22 times the size of Sailors Hill; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Sailors Hill for a lower purchase price, Essendon 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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