Port Willunga vs Seacombe Gardens

The median house price is $935K in Port Willunga and $930K in Seacombe Gardens, so Seacombe Gardens is the cheaper entry point, with Port Willunga houses about 1% dearer.

On cash flow, Seacombe Gardens leads: houses there return a gross rental yield of 3.60%, compared with 3.18% in Port Willunga, a gap of 0.42 percentage points.

Over the past year house prices moved +18.4% in Port Willunga and +9.6% in Seacombe Gardens, so recent momentum favours Port Willunga, although both suburbs recorded growth.

Looking back three years, Port Willunga houses are +54.4% and Seacombe Gardens houses +51.0%, so Port Willunga has compounded faster than Seacombe Gardens over the longer window.

Rental vacancy is 0.2% in Seacombe Gardens and 0.6% in Port Willunga, so landlords in Seacombe Gardens face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Seacombe Gardens is the bigger suburb, with a population of 3,373 against 1,785, larger than Port Willunga; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Seacombe Gardens for rental income, Seacombe Gardens for a lower purchase price, Port Willunga for recent price momentum, Seacombe Gardens for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.