Purnim vs Seddon
Property investment comparison - Purnim, VIC 3278 vs Seddon, VIC 3011
Head-to-head across core investment metrics: Purnim wins 3, Seddon wins 2. 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 | Purnim | Seddon |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $440K | $715K |
| Gross rental yield (houses) | 1.92% | 3.45% |
| Gross rental yield (units) | 5.33% | - |
| 1-year house growth | +20.1% | -1.7%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 7.1% | 1.6% |
| Population | 292 | 5,143 |
Purnim vs Seddon: what the numbers say
The median house price is $1.1M in Purnim and $1.1M in Seddon, so Purnim is the cheaper entry point.
For units, Purnim sits at a median of $440K against $715K in Seddon, which makes Purnim the more affordable unit market and Seddon the pricier one.
On cash flow, Seddon leads: houses there return a gross rental yield of 3.45%, compared with 1.92% in Purnim, a gap of 1.53 percentage points.
Over the past year house prices moved +20.1% in Purnim and -1.7% in Seddon (an estimate), so recent momentum favours Purnim, while Seddon went backwards.
Rental vacancy is 1.6% in Seddon and 7.1% in Purnim, so landlords in Seddon face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Seddon is the bigger suburb, with a population of 5,143 against 292, roughly 18 times the size of Purnim; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Seddon for rental income, Purnim for a lower purchase price, Purnim for recent price momentum, Seddon 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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