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Carrum vs Seddon

Property investment comparison - Carrum, VIC 3197 vs Seddon, VIC 3011

Head-to-head across core investment metrics: Carrum wins 2, Seddon 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.

MetricCarrumSeddon
Median house price$1.1M$1.1M
Median unit price$830K$715K
Gross rental yield (houses)3.33%3.45%
Gross rental yield (units)4.20%-
1-year house growth+8.9%-1.7%estimate
3-year house growth+4.6%-
Vacancy rate1.2%1.6%
Population4,2395,143

Carrum vs Seddon: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.1M in Carrum and $1.1M in Seddon.

For units, Carrum sits at a median of $830K against $715K in Seddon, which makes Seddon the more affordable unit market and Carrum the pricier one.

On cash flow, Seddon leads: houses there return a gross rental yield of 3.45%, compared with 3.33% in Carrum, a gap of 0.12 percentage points.

Over the past year house prices moved +8.9% in Carrum and -1.7% in Seddon (an estimate), so recent momentum favours Carrum, while Seddon went backwards.

Rental vacancy is 1.2% in Carrum and 1.6% in Seddon, so landlords in Carrum face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Seddon is the bigger suburb, with a population of 5,143 against 4,239, larger than Carrum; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Seddon for rental income, Carrum for recent price momentum, Carrum 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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