Coleambally vs Wellington
Property investment comparison - Coleambally, NSW 2707 vs Wellington, NSW 2820
Head-to-head across core investment metrics: Coleambally wins 3, Wellington 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 | Coleambally | Wellington |
|---|---|---|
| Median house price | $355K | $375K |
| Median unit price | $255K | $505K |
| Gross rental yield (houses) | 5.86% | 6.43% |
| Gross rental yield (units) | 6.50% | 3.11% |
| 1-year house growth | -7.7%estimate | - |
| 3-year house growth | - | +37.1% |
| Vacancy rate | 2.0% | 0.9% |
| Population | 1,152 | 4,096 |
Coleambally vs Wellington: what the numbers say
The median house price is $355K in Coleambally and $375K in Wellington, so Coleambally is the cheaper entry point, with Wellington houses about 6% dearer.
For units, Coleambally sits at a median of $255K against $505K in Wellington, which makes Coleambally the more affordable unit market and Wellington the pricier one.
On cash flow, Wellington leads: houses there return a gross rental yield of 6.43%, compared with 5.86% in Coleambally, a gap of 0.57 percentage points.
Rental vacancy is 0.9% in Wellington and 2.0% in Coleambally, so landlords in Wellington face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Wellington is the bigger suburb, with a population of 4,096 against 1,152, roughly 3.6 times the size of Coleambally; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Wellington for rental income, Coleambally for a lower purchase price, Wellington 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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