Skip to main content

Coldstream vs Upper Lurg

Property investment comparison - Coldstream, VIC 3770 vs Upper Lurg, VIC 3673

Head-to-head across core investment metrics: Coldstream wins 3, Upper Lurg 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.

MetricColdstreamUpper Lurg
Median house price$905K$900K
Median unit price$610K$485K
Gross rental yield (houses)3.83%2.86%
Gross rental yield (units)2.51%2.03%
1-year house growth+5.5%estimate-
3-year house growth--
Vacancy rate0.8%3.0%
Population2,199107

Coldstream vs Upper Lurg: what the numbers say

The median house price is $905K in Coldstream and $900K in Upper Lurg, so Upper Lurg is the cheaper entry point, with Coldstream houses about 1% dearer.

For units, Coldstream sits at a median of $610K against $485K in Upper Lurg, which makes Upper Lurg the more affordable unit market and Coldstream the pricier one.

On cash flow, Coldstream leads: houses there return a gross rental yield of 3.83%, compared with 2.86% in Upper Lurg, a gap of 0.97 percentage points.

Rental vacancy is 0.8% in Coldstream and 3.0% in Upper Lurg, so landlords in Coldstream face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Coldstream is the bigger suburb, with a population of 2,199 against 107, roughly 21 times the size of Upper Lurg; a larger suburb usually means a deeper pool of buyers and tenants.

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

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison