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Major Plains vs Seymour

Property investment comparison - Major Plains, VIC 3725 vs Seymour, VIC 3660

Head-to-head across core investment metrics: Major Plains wins 2, Seymour 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.

MetricMajor PlainsSeymour
Median house price$455K$460K
Median unit price-$295K
Gross rental yield (houses)8.17%5.05%
Gross rental yield (units)-6.52%
1-year house growth-+3.9%
3-year house growth--3.2%
Vacancy rate15.2%0.8%
Population366,569

Major Plains vs Seymour: what the numbers say

The median house price is $455K in Major Plains and $460K in Seymour, so Major Plains is the cheaper entry point, with Seymour houses about 1% dearer.

On cash flow, Major Plains leads: houses there return a gross rental yield of 8.17%, compared with 5.05% in Seymour, a gap of 3.12 percentage points.

Rental vacancy is 0.8% in Seymour and 15.2% in Major Plains, so landlords in Seymour face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Seymour is the bigger suburb, with a population of 6,569 against 36, roughly 182 times the size of Major Plains; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Major Plains for rental income, Major Plains for a lower purchase price, Seymour 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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