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Attwood vs Upper Lurg

Property investment comparison - Attwood, VIC 3049 vs Upper Lurg, VIC 3673

Head-to-head across core investment metrics: Attwood wins 4, Upper Lurg wins 0. 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.

MetricAttwoodUpper Lurg
Median house price$900K$900K
Median unit price$225K$485K
Gross rental yield (houses)3.18%2.86%
Gross rental yield (units)4.24%2.03%
1-year house growth+16.1%estimate-
3-year house growth--
Vacancy rate1.9%3.0%
Population3,309107

Attwood vs Upper Lurg: what the numbers say

Houses cost about the same in both suburbs: the median house price is $900K in Attwood and $900K in Upper Lurg.

For units, Attwood sits at a median of $225K against $485K in Upper Lurg, which makes Attwood the more affordable unit market and Upper Lurg the pricier one.

On cash flow, Attwood leads: houses there return a gross rental yield of 3.18%, compared with 2.86% in Upper Lurg, a gap of 0.32 percentage points.

Rental vacancy is 1.9% in Attwood and 3.0% in Upper Lurg, so landlords in Attwood face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Attwood is the bigger suburb, with a population of 3,309 against 107, roughly 31 times the size of Upper Lurg; a larger suburb usually means a deeper pool of buyers and tenants.

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

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