Nerrina vs Seabrook
Property investment comparison - Nerrina, VIC 3350 vs Seabrook, VIC 3028
Head-to-head across core investment metrics: Nerrina wins 1, Seabrook wins 4. 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 | Nerrina | Seabrook |
|---|---|---|
| Median house price | $820K | $815K |
| Median unit price | $510K | - |
| Gross rental yield (houses) | 2.86% | 3.44% |
| Gross rental yield (units) | 3.62% | 4.54% |
| 1-year house growth | +15.5%estimate | +3.8%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 5.5% | 1.9% |
| Population | 970 | 4,952 |
Nerrina vs Seabrook: what the numbers say
The median house price is $820K in Nerrina and $815K in Seabrook, so Seabrook is the cheaper entry point, with Nerrina houses about 1% dearer.
On cash flow, Seabrook leads: houses there return a gross rental yield of 3.44%, compared with 2.86% in Nerrina, a gap of 0.58 percentage points.
Over the past year house prices moved +15.5% in Nerrina (an estimate) and +3.8% in Seabrook (an estimate), so recent momentum favours Nerrina, although both suburbs recorded growth.
Rental vacancy is 1.9% in Seabrook and 5.5% in Nerrina, so landlords in Seabrook face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Seabrook is the bigger suburb, with a population of 4,952 against 970, roughly 5 times the size of Nerrina; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Seabrook for rental income, Seabrook for a lower purchase price, Nerrina for recent price momentum, Seabrook 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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