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Coburg North vs Seddon

Property investment comparison - Coburg North, VIC 3058 vs Seddon, VIC 3011

Head-to-head across core investment metrics: Coburg North 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.

MetricCoburg NorthSeddon
Median house price$1.1M$1.1M
Median unit price-$715K
Gross rental yield (houses)3.20%3.45%
Gross rental yield (units)4.67%-
1-year house growth-0.2%estimate-1.7%estimate
3-year house growth--
Vacancy rate1.3%1.6%
Population8,3275,143

Coburg North vs Seddon: what the numbers say

The median house price is $1.1M in Coburg North and $1.1M in Seddon, so Seddon is the cheaper entry point.

On cash flow, Seddon leads: houses there return a gross rental yield of 3.45%, compared with 3.20% in Coburg North, a gap of 0.25 percentage points.

Over the past year house prices moved -0.2% in Coburg North (an estimate) and -1.7% in Seddon (an estimate), so recent momentum favours Coburg North, while Seddon went backwards.

Rental vacancy is 1.3% in Coburg North and 1.6% in Seddon, so landlords in Coburg North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Coburg North is the bigger suburb, with a population of 8,327 against 5,143, larger than Seddon; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Seddon for rental income, Seddon for a lower purchase price, Coburg North for recent price momentum, Coburg North 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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