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Lara vs Ullina

Property investment comparison - Lara, VIC 3212 vs Ullina, VIC 3370

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

MetricLaraUllina
Median house price$730K$735K
Median unit price$560K-
Gross rental yield (houses)4.10%-
Gross rental yield (units)4.70%-
1-year house growth+6.8%estimate-
3-year house growth--
Vacancy rate1.7%0.7%
Population19,01425

Lara vs Ullina: what the numbers say

The median house price is $730K in Lara and $735K in Ullina, so Lara is the cheaper entry point, with Ullina houses about 1% dearer.

Rental vacancy is 0.7% in Ullina and 1.7% in Lara, so landlords in Ullina 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 25, roughly 761 times the size of Ullina; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Lara for a lower purchase price, Ullina 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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