Seddon vs Wingeel
Property investment comparison - Seddon, VIC 3011 vs Wingeel, VIC 3321
Head-to-head across core investment metrics: Seddon wins 2, Wingeel 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 | Seddon | Wingeel |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $715K | - |
| Gross rental yield (houses) | 3.45% | 2.15% |
| Gross rental yield (units) | - | - |
| 1-year house growth | -1.7%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.6% | 2.0% |
| Population | 5,143 | 26 |
Seddon vs Wingeel: what the numbers say
The median house price is $1.1M in Seddon and $1.1M in Wingeel, so Wingeel is the cheaper entry point.
On cash flow, Seddon leads: houses there return a gross rental yield of 3.45%, compared with 2.15% in Wingeel, a gap of 1.30 percentage points.
Rental vacancy is 1.6% in Seddon and 2.0% in Wingeel, 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 26, roughly 198 times the size of Wingeel; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Seddon for rental income, Wingeel for a lower purchase price, 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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