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Lara vs She Oaks

Property investment comparison - Lara, VIC 3212 vs She Oaks, VIC 3331

Head-to-head across core investment metrics: Lara wins 1, She Oaks 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.

MetricLaraShe Oaks
Median house price$730K$730K
Median unit price$560K-
Gross rental yield (houses)4.10%4.05%
Gross rental yield (units)4.70%-
1-year house growth+6.8%estimate-
3-year house growth--
Vacancy rate1.7%0.6%
Population19,014126

Lara vs She Oaks: what the numbers say

Houses cost about the same in both suburbs: the median house price is $730K in Lara and $730K in She Oaks.

Gross rental yield on houses is effectively level, at 4.10% in Lara and 4.05% in She Oaks, so neither suburb has a cash flow edge on houses.

Rental vacancy is 0.6% in She Oaks and 1.7% in Lara, so landlords in She Oaks 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 126, roughly 151 times the size of She Oaks; a larger suburb usually means a deeper pool of buyers and tenants.

In short: She Oaks 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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