Essendon West vs Somers
Property investment comparison - Essendon West, VIC 3040 vs Somers, VIC 3927
Head-to-head across core investment metrics: Essendon West wins 5, Somers 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 | Somers |
|---|---|---|
| Median house price | $1.5M | $1.5M |
| Median unit price | $785K | $670K |
| Gross rental yield (houses) | 3.09% | 2.87% |
| Gross rental yield (units) | 4.63% | 3.99% |
| 1-year house growth | +3.8%estimate | -0.1% |
| 3-year house growth | - | -3.2% |
| Vacancy rate | 3.1% | 4.0% |
| Population | 1,559 | 1,857 |
Essendon West vs Somers: what the numbers say
The median house price is $1.5M in Essendon West and $1.5M in Somers, so Essendon West is the cheaper entry point, with Somers houses about 1% dearer.
For units, Essendon West sits at a median of $785K against $670K in Somers, which makes Somers the more affordable unit market and Essendon West the pricier one.
On cash flow, Essendon West leads: houses there return a gross rental yield of 3.09%, compared with 2.87% in Somers, a gap of 0.22 percentage points.
Over the past year house prices moved +3.8% in Essendon West (an estimate) and -0.1% in Somers, so recent momentum favours Essendon West, while Somers went backwards.
Rental vacancy is 3.1% in Essendon West and 4.0% in Somers, so landlords in Essendon West face less competition for tenants.
Somers is the bigger suburb, with a population of 1,857 against 1,559, larger than Essendon West; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Essendon West for rental income, Essendon West for a lower purchase price, Essendon West for recent price momentum, 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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