Charlemont vs Colbinabbin
Property investment comparison - Charlemont, VIC 3217 vs Colbinabbin, VIC 3559
Head-to-head across core investment metrics: Charlemont wins 1, Colbinabbin 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.
| Metric | Charlemont | Colbinabbin |
|---|---|---|
| Median house price | $645K | $640K |
| Median unit price | $475K | - |
| Gross rental yield (houses) | 4.20% | 3.26% |
| Gross rental yield (units) | 2.67% | - |
| 1-year house growth | +2.5% | - |
| 3-year house growth | +4.9% | - |
| Vacancy rate | 2.4% | - |
| Population | 2,612 | 285 |
Charlemont vs Colbinabbin: what the numbers say
The median house price is $645K in Charlemont and $640K in Colbinabbin, so Colbinabbin is the cheaper entry point, with Charlemont houses about 1% dearer.
On cash flow, Charlemont leads: houses there return a gross rental yield of 4.20%, compared with 3.26% in Colbinabbin, a gap of 0.94 percentage points.
Charlemont is the bigger suburb, with a population of 2,612 against 285, roughly 9 times the size of Colbinabbin; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Charlemont for rental income, Colbinabbin for a lower purchase price. 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
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