Sellicks Hill vs South Plympton

The median house price is $1.2M in Sellicks Hill and $1.2M in South Plympton, so South Plympton is the cheaper entry point, with Sellicks Hill houses about 4% dearer.

For units, Sellicks Hill sits at a median of $335K against $725K in South Plympton, which makes Sellicks Hill the more affordable unit market and South Plympton the pricier one.

On cash flow, South Plympton leads: houses there return a gross rental yield of 3.06%, compared with 1.99% in Sellicks Hill, a gap of 1.07 percentage points.

Rental vacancy is 0.9% in South Plympton and 2.9% in Sellicks Hill, so landlords in South Plympton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

South Plympton is the bigger suburb, with a population of 4,721 against 299, roughly 16 times the size of Sellicks Hill; a larger suburb usually means a deeper pool of buyers and tenants.

In short: South Plympton for rental income, South Plympton for a lower purchase price, South Plympton for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.