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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.

MetricColeamballyWellington
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 rate2.0%0.9%
Population1,1524,096

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.

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