Narre Warren vs Seabrook
Property investment comparison - Narre Warren, VIC 3805 vs Seabrook, VIC 3028
Head-to-head across core investment metrics: Narre Warren wins 4, Seabrook wins 0. 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 | Narre Warren | Seabrook |
|---|---|---|
| Median house price | $810K | $815K |
| Median unit price | $620K | - |
| Gross rental yield (houses) | - | 3.44% |
| Gross rental yield (units) | 4.56% | 4.54% |
| 1-year house growth | +6.6% | +3.8%estimate |
| 3-year house growth | +11.4% | - |
| Vacancy rate | 1.1% | 1.9% |
| Population | 27,689 | 4,952 |
Narre Warren vs Seabrook: what the numbers say
The median house price is $810K in Narre Warren and $815K in Seabrook, so Narre Warren is the cheaper entry point, with Seabrook houses about 1% dearer.
Over the past year house prices moved +6.6% in Narre Warren and +3.8% in Seabrook (an estimate), so recent momentum favours Narre Warren, although both suburbs recorded growth.
Rental vacancy is 1.1% in Narre Warren and 1.9% in Seabrook, so landlords in Narre Warren face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Narre Warren is the bigger suburb, with a population of 27,689 against 4,952, roughly 6 times the size of Seabrook; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Narre Warren for a lower purchase price, Narre Warren for recent price momentum, Narre Warren 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
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