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Pascoe Vale vs Spotswood

Property investment comparison - Pascoe Vale, VIC 3044 vs Spotswood, VIC 3015

Head-to-head across core investment metrics: Pascoe Vale wins 3, Spotswood 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.

MetricPascoe ValeSpotswood
Median house price$1.2M$1.1M
Median unit price$690K$765K
Gross rental yield (houses)-3.29%
Gross rental yield (units)4.24%-
1-year house growth-0.1%estimate-6.1%
3-year house growth-+4.1%
Vacancy rate2.0%3.6%
Population18,1712,820

Pascoe Vale vs Spotswood: what the numbers say

The median house price is $1.2M in Pascoe Vale and $1.1M in Spotswood, so Spotswood is the cheaper entry point.

For units, Pascoe Vale sits at a median of $690K against $765K in Spotswood, which makes Pascoe Vale the more affordable unit market and Spotswood the pricier one.

Over the past year house prices moved -0.1% in Pascoe Vale (an estimate) and -6.1% in Spotswood, so recent momentum favours Pascoe Vale, while Spotswood went backwards.

Rental vacancy is 2.0% in Pascoe Vale and 3.6% in Spotswood, so landlords in Pascoe Vale face less competition for tenants.

Pascoe Vale is the bigger suburb, with a population of 18,171 against 2,820, roughly 6 times the size of Spotswood; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Spotswood for a lower purchase price, Pascoe Vale for recent price momentum, Pascoe Vale 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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