Pascoe Vale South vs Essendon

Pascoe Vale South (median $1,227,500) is roughly 26% cheaper to buy into than Essendon ($1,655,000).

Buying in Pascoe Vale South or Essendon?

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Selling in Pascoe Vale South? The free selling guide

Pascoe Vale South and Essendon side by side

MeasurePascoe Vale SouthEssendon
Price and market
Median house$1,227,500$1,655,000
Median unit$700,000$530,000
Renting
House rent$710/wk$650/wk
Unit rent$550/wk$510/wk
Owner occupied74.0%62.0%
Renter occupied24.0%36.0%
Schools
Schools nearby2020
Average ICSEA11081109
Lifestyle and people
Walk score2864
Transit score0100
Bike score100100
Population10,53421,240
Median age3939
Climate
Annual rainfall582 mm550 mm
Mean max, January27.0°C27.0°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Essendon scores higher on walkability (28/100 vs 64/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Essendon (1109) sits above Pascoe Vale South (1108). Pascoe Vale South skews owner-occupied (74%), Essendon runs more rental-dense (62% owner).

For buyers
Pascoe Vale South is the lower entry point at $1,227,500 median, 26% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Pascoe Vale South offers the higher gross rental yield (3.01% vs 2.04%), favouring cash-flow investors.
For families
Essendon edges out on average school ICSEA (1109 vs 1108). Pascoe Vale South also has a higher family-household share (74% vs 64%), so the catchment community skews family-heavy.

Pascoe Vale South vs Essendon: common questions

Is Pascoe Vale South or Essendon cheaper to buy in?

Pascoe Vale South has the lower median house price at $1,227,500, roughly 26% below Essendon ($1,655,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Pascoe Vale South or Essendon have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Essendon scores 1109 vs 1108 in Pascoe Vale South. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Pascoe Vale South or Essendon?

Essendon scores 64/100 on walkability vs 28/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Pascoe Vale South or Essendon?

Gross rental yield on houses is 3.01% in Pascoe Vale South vs 2.04% in Essendon. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.