Blackburn South vs Seaholme
Property investment comparison - Blackburn South, VIC 3130 vs Seaholme, VIC 3018
Head-to-head across core investment metrics: Blackburn South wins 2, Seaholme wins 2. 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 | Blackburn South | Seaholme |
|---|---|---|
| Median house price | $1.4M | $1.3M |
| Median unit price | $955K | - |
| Gross rental yield (houses) | - | 2.63% |
| Gross rental yield (units) | 3.48% | 2.92% |
| 1-year house growth | -2.7% | +2.2%estimate |
| 3-year house growth | +1.0% | - |
| Vacancy rate | 1.6% | 1.9% |
| Population | 10,939 | 2,067 |
Blackburn South vs Seaholme: what the numbers say
The median house price is $1.4M in Blackburn South and $1.3M in Seaholme, so Seaholme is the cheaper entry point.
Over the past year house prices moved -2.7% in Blackburn South and +2.2% in Seaholme (an estimate), so recent momentum favours Seaholme, while Blackburn South went backwards.
Rental vacancy is 1.6% in Blackburn South and 1.9% in Seaholme, so landlords in Blackburn South face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Blackburn South is the bigger suburb, with a population of 10,939 against 2,067, roughly 5 times the size of Seaholme; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Seaholme for a lower purchase price, Seaholme for recent price momentum, Blackburn South 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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Blackburn South, VIC 3130
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