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Dutton Way vs Seaspray

Property investment comparison - Dutton Way, VIC 3305 vs Seaspray, VIC 3851

Head-to-head across core investment metrics: Dutton Way wins 4, Seaspray 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.

MetricDutton WaySeaspray
Median house price$485K$490K
Median unit price$390K$375K
Gross rental yield (houses)6.15%4.96%
Gross rental yield (units)7.88%2.87%
1-year house growth-+7.7%estimate
3-year house growth--
Vacancy rate1.1%1.3%
Population91373

Dutton Way vs Seaspray: what the numbers say

The median house price is $485K in Dutton Way and $490K in Seaspray, so Dutton Way is the cheaper entry point, with Seaspray houses about 1% dearer.

For units, Dutton Way sits at a median of $390K against $375K in Seaspray, which makes Seaspray the more affordable unit market and Dutton Way the pricier one.

On cash flow, Dutton Way leads: houses there return a gross rental yield of 6.15%, compared with 4.96% in Seaspray, a gap of 1.19 percentage points.

Rental vacancy is 1.1% in Dutton Way and 1.3% in Seaspray, so landlords in Dutton Way face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Seaspray is the bigger suburb, with a population of 373 against 91, roughly 4.1 times the size of Dutton Way; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Dutton Way for rental income, Dutton Way for a lower purchase price, Dutton Way 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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