Footscray vs Russells Bridge
Property investment comparison - Footscray, VIC 3011 vs Russells Bridge, VIC 3331
Head-to-head across core investment metrics: Footscray wins 2, Russells Bridge 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 | Footscray | Russells Bridge |
|---|---|---|
| Median house price | $935K | $935K |
| Median unit price | $470K | $480K |
| Gross rental yield (houses) | 3.49% | - |
| Gross rental yield (units) | 5.80% | 4.45% |
| 1-year house growth | -0.9% | - |
| 3-year house growth | +1.1% | - |
| Vacancy rate | 1.5% | 0.7% |
| Population | 17,131 | 70 |
Footscray vs Russells Bridge: what the numbers say
Houses cost about the same in both suburbs: the median house price is $935K in Footscray and $935K in Russells Bridge.
For units, Footscray sits at a median of $470K against $480K in Russells Bridge, which makes Footscray the more affordable unit market and Russells Bridge the pricier one.
Rental vacancy is 0.7% in Russells Bridge and 1.5% in Footscray, so landlords in Russells Bridge 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 70, roughly 245 times the size of Russells Bridge; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Russells Bridge 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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Russells Bridge, VIC 3331
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