Modewarre vs Seaholme
Property investment comparison - Modewarre, VIC 3240 vs Seaholme, VIC 3018
Head-to-head across core investment metrics: Modewarre wins 3, Seaholme 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.
| Metric | Modewarre | Seaholme |
|---|---|---|
| Median house price | $1.3M | $1.3M |
| Median unit price | $665K | - |
| Gross rental yield (houses) | 2.89% | 2.63% |
| Gross rental yield (units) | 4.64% | 2.92% |
| 1-year house growth | - | +2.2%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 2.0% | 1.9% |
| Population | 277 | 2,067 |
Modewarre vs Seaholme: what the numbers say
The median house price is $1.3M in Modewarre and $1.3M in Seaholme, so Modewarre is the cheaper entry point, with Seaholme houses about 1% dearer.
On cash flow, Modewarre leads: houses there return a gross rental yield of 2.89%, compared with 2.63% in Seaholme, a gap of 0.26 percentage points.
Rental vacancy is 1.9% in Seaholme and 2.0% in Modewarre, so landlords in Seaholme face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Seaholme is the bigger suburb, with a population of 2,067 against 277, roughly 7 times the size of Modewarre; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Modewarre for rental income, Modewarre for a lower purchase price, Seaholme for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison