Thrumster vs Ulladulla

Houses cost about the same in both suburbs: the median house price is $915K in Thrumster and $915K in Ulladulla.

For units, Thrumster sits at a median of $770K against $725K in Ulladulla, which makes Ulladulla the more affordable unit market and Thrumster the pricier one.

On cash flow, Thrumster leads: houses there return a gross rental yield of 4.26%, compared with 3.42% in Ulladulla, a gap of 0.84 percentage points.

Over the past year house prices moved +4.2% in Thrumster and +6.0% in Ulladulla, so recent momentum favours Ulladulla, although both suburbs recorded growth.

Looking back three years, Thrumster houses are +9.6% and Ulladulla houses +6.3%, so Thrumster has compounded faster than Ulladulla over the longer window.

Rental vacancy is 0.7% in Ulladulla and 2.3% in Thrumster, so landlords in Ulladulla face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Ulladulla is the bigger suburb, with a population of 7,262 against 2,382, roughly 3.0 times the size of Thrumster; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Thrumster for rental income, Ulladulla for recent price momentum, Ulladulla for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.