Coldstream vs Ondit
Property investment comparison - Coldstream, VIC 3770 vs Ondit, VIC 3249
Head-to-head across core investment metrics: Coldstream wins 3, Ondit wins 2. 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 | Coldstream | Ondit |
|---|---|---|
| Median house price | $905K | $910K |
| Median unit price | $610K | $395K |
| Gross rental yield (houses) | 3.83% | 2.52% |
| Gross rental yield (units) | 2.51% | 3.68% |
| 1-year house growth | +5.5%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.8% | 1.0% |
| Population | 2,199 | 101 |
Coldstream vs Ondit: what the numbers say
The median house price is $905K in Coldstream and $910K in Ondit, so Coldstream is the cheaper entry point, with Ondit houses about 1% dearer.
For units, Coldstream sits at a median of $610K against $395K in Ondit, which makes Ondit the more affordable unit market and Coldstream the pricier one.
On cash flow, Coldstream leads: houses there return a gross rental yield of 3.83%, compared with 2.52% in Ondit, a gap of 1.31 percentage points.
Rental vacancy is 0.8% in Coldstream and 1.0% in Ondit, so landlords in Coldstream face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Coldstream is the bigger suburb, with a population of 2,199 against 101, roughly 22 times the size of Ondit; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Coldstream for rental income, Coldstream for a lower purchase price, Coldstream for the tighter rental market. 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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