Ullswater is a tranquil suburb situated in Victoria, Australia, known for its peaceful ambiance and proximity to nature. This suburb offers a unique blend of suburban living with access to outdoor activities, making it an ideal place for families, retirees, and professionals. In this article, we explore the best residential areas in Ullswater, highlighting their cultural characteristics, transportation, services, ambiance, housing options, and average property prices.
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Ullswater Central

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Ullswater Central serves as the vibrant heart of the suburb. It boasts a variety of local shops, cafes, and community facilities, making it an appealing area for those who value accessibility and community engagement.
Characteristics of the Ullswater Central
* Culture: A vibrant community with art galleries and local events.
* Transportation: Excellent public transport options with bus services connecting to nearby cities.
* Services: Supermarkets, schools, parks, and health clinics available within walking distance.
* Environment: Bustling and friendly, fostering a sense of togetherness.
Housing Options in the Ullswater Central
Single-family homes, townhouses, and units.
Average Home Prices in the Ullswater Central
* Buying: $600,000 - $800,000
* Renting: $1,800 - $2,200/month
Ullswater Parklands

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Known for its beautiful green spaces and parklands, Ullswater Parklands is perfect for families and outdoor enthusiasts seeking a lively environment.
Characteristics of the Ullswater Parklands
* Culture: Focus on outdoor activities with playgrounds and sports facilities.
* Transportation: Easy access to public transport and well-connected bike paths.
* Services: Local schools, fitness centres, and sports clubs nearby.
* Environment: Vibrant and energetic with a family-friendly atmosphere.
Housing Options in the Ullswater Parklands
Newly built homes, townhouses, and larger blocks suitable for families.
Average Home Prices in the Ullswater Parklands
* Buying: $650,000 - $850,000
* Renting: $1,900 - $2,400/month
Ullswater Heights

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A quieter area with stunning views and a more suburban feel, Ullswater Heights attracts those looking for tranquility without sacrificing convenience.
Characteristics of the Ullswater Heights
* Culture: Quaint neighbourhood with a focus on community gardens and local gatherings.
* Transportation: Limited public transport; a car is recommended for ease.
* Services: Closer to essential services and schools, with shopping centres a short drive away.
* Environment: Peaceful and serene, perfect for those seeking refuge from city life.
Housing Options in the Ullswater Heights
Single-family homes and larger blocks with gardens.
Average Home Prices in the Ullswater Heights
* Buying: $550,000 - $750,000
* Renting: $1,700 - $2,100/month
Ullswater Lakeside

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As the name suggests, Ullswater Lakeside boasts breathtaking water views and access to recreational activities. This area showcases a range of properties and is ideal for water lovers.
Characteristics of the Ullswater Lakeside
* Culture: Strong fishing, boating, and kayaking community.
* Transportation: Direct access to bus routes and scenic walking trails.
* Services: Waterfront parks, cafes, and boat ramps.
* Environment: Relaxed and scenic with a strong focus on outdoor living.
Housing Options in the Ullswater Lakeside
Modern homes with waterfront access, units, and flats.
Average Home Prices in the Ullswater Lakeside
* Buying: $700,000 - $900,000
* Renting: $2,000 - $2,600/month
Ullswater Eco Village

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A community focused on sustainable living, Ullswater Eco Village is perfect for environmentally conscious buyers. This area promotes green spaces and eco-friendly architecture.
Characteristics of the Ullswater Eco Village
* Culture: Innovative sustainable community initiatives, gardens, and solar energy.
* Transportation: Good public transport connections to the city with bike-friendly paths.
* Services: Eco-friendly cafes, shops, and community hubs.
* Environment: Inclusive and forward-thinking, fostering a sense of collaboration.
Housing Options in the Ullswater Eco Village
Eco-designed homes, townhouses, and community living options.
Average Home Prices in the Ullswater Eco Village
* Buying: $600,000 - $850,000
* Renting: $1,800 - $2,200/month
Ullswater Edge

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Ullswater Edge is known for its affordability and potential for capital growth, making it attractive for first-home buyers and investors looking for rental yields.
Characteristics of the Ullswater Edge
* Culture: Diverse community with a range of cultural backgrounds.
* Transportation: Accessible public transport links and nearby major roadways.
* Services: Affordable shopping options, local schools, and healthcare facilities.
* Environment: Up-and-coming with a friendly neighbourhood vibe.
Housing Options in the Ullswater Edge
Affordable units, flats, and older style homes.
Average Home Prices in the Ullswater Edge
* Buying: $450,000 - $650,000
* Renting: $1,500 - $1,900/month
Frequently Asked Questions About the Best Residential Areas in Ullswater:
The most desirable suburbs in Ullswater include Ullswater Central, Ullswater Parklands, and Ullswater Lakeside due to their amenities, services, and lifestyle.
Ullswater Parklands is considered the best for families due to its outdoor activities, playgrounds, and family-friendly community.
Ullswater offers a variety of housing options, including single-family homes, townhouses, units, and eco-designed properties.
The average rental prices vary by area, ranging from $1,500 to $2,600 per month.
You can find the latest property listings in Ullswater through local real estate agents, property portals, and auction sites.
Ullswater Central has the best public transport connections within the suburb, making it easy for residents to access other areas.
Ullswater Edge offers some of the most affordable housing options, making it an attractive choice for first-home buyers and investors.
Ullswater has a range of local amenities, including supermarkets, schools, parks, healthcare facilities, and recreational areas.
Yes, areas like Ullswater Central and Ullswater Edge show good potential for capital growth, making them attractive for property investors.
Average home prices in Ullswater can range from $450,000 to $900,000 depending on the suburb and property type.
Conclusion on the Best Residential Areas in Ullswater:
Ullswater, Victoria, offers a diverse range of residential areas that cater to different lifestyles and preferences. Whether you prefer the bustling atmosphere of Ullswater Central or the tranquil nature of Ullswater Heights, there is something for everyone. With its strong sense of community, easy access to amenities, and picturesque settings, Ullswater presents a unique living experience. As you consider your options, think about your lifestyle needs, the type of property you desire, and the amenities that matter most to you. With a wide selection of housing options and accessible public transport, Ullswater is poised to be an excellent choice for those seeking a new home in Victoria.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.