Airds vs Ulladulla

Houses cost about the same in both suburbs: the median house price is $915K in Airds and $915K in Ulladulla.

For units, Airds sits at a median of $535K against $725K in Ulladulla, which makes Airds the more affordable unit market and Ulladulla the pricier one.

On cash flow, Ulladulla leads: houses there return a gross rental yield of 3.42%, compared with 3.30% in Airds, a gap of 0.12 percentage points.

Over the past year house prices moved +11.4% in Airds (an estimate) and +6.0% in Ulladulla, so recent momentum favours Airds, although both suburbs recorded growth.

Rental vacancy is 0.7% in Ulladulla and 1.7% in Airds, so landlords in Ulladulla face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Ulladulla is the bigger suburb, with a population of 7,262 against 3,265, roughly 2.2 times the size of Airds; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ulladulla for rental income, Airds for recent price momentum, Ulladulla for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.