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.
| Metric | Coldstream | Upper 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 rate | 0.8% | 3.0% |
| Population | 2,199 | 107 |
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
- 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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