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Lamplough vs Mount Clear

Property investment comparison - Lamplough, VIC 3352 vs Mount Clear, VIC 3350

Head-to-head across core investment metrics: Lamplough wins 3, Mount Clear wins 1. 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.

MetricLamploughMount Clear
Median house price$595K$595K
Median unit price$145K$435K
Gross rental yield (houses)4.25%3.95%
Gross rental yield (units)7.61%4.70%
1-year house growth-+11.5%
3-year house growth-+13.1%
Vacancy rate1.6%1.1%
Population493,671

Lamplough vs Mount Clear: what the numbers say

Houses cost about the same in both suburbs: the median house price is $595K in Lamplough and $595K in Mount Clear.

For units, Lamplough sits at a median of $145K against $435K in Mount Clear, which makes Lamplough the more affordable unit market and Mount Clear the pricier one.

On cash flow, Lamplough leads: houses there return a gross rental yield of 4.25%, compared with 3.95% in Mount Clear, a gap of 0.30 percentage points.

Rental vacancy is 1.1% in Mount Clear and 1.6% in Lamplough, so landlords in Mount Clear face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mount Clear is the bigger suburb, with a population of 3,671 against 49, roughly 75 times the size of Lamplough; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Lamplough for rental income, Mount Clear 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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