Lara vs Mount Duneed
Property investment comparison - Lara, VIC 3212 vs Mount Duneed, VIC 3217
Head-to-head across core investment metrics: Lara wins 4, Mount Duneed 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.
| Metric | Lara | Mount Duneed |
|---|---|---|
| Median house price | $730K | $730K |
| Median unit price | $560K | $615K |
| Gross rental yield (houses) | 4.10% | 4.10% |
| Gross rental yield (units) | 4.70% | 4.50% |
| 1-year house growth | +6.8%estimate | +3.0% |
| 3-year house growth | - | +0.4% |
| Vacancy rate | 1.7% | 2.9% |
| Population | 19,014 | 6,182 |
Lara vs Mount Duneed: what the numbers say
Houses cost about the same in both suburbs: the median house price is $730K in Lara and $730K in Mount Duneed.
For units, Lara sits at a median of $560K against $615K in Mount Duneed, which makes Lara the more affordable unit market and Mount Duneed the pricier one.
Gross rental yield on houses is effectively level, at 4.10% in Lara and 4.10% in Mount Duneed, so neither suburb has a cash flow edge on houses.
Over the past year house prices moved +6.8% in Lara (an estimate) and +3.0% in Mount Duneed, so recent momentum favours Lara, although both suburbs recorded growth.
Rental vacancy is 1.7% in Lara and 2.9% in Mount Duneed, so landlords in Lara face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Lara is the bigger suburb, with a population of 19,014 against 6,182, roughly 3.1 times the size of Mount Duneed; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Lara for recent price momentum, Lara 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison