Colebee vs Robin Hill

Houses cost about the same in both suburbs: the median house price is $1.4M in Colebee and $1.4M in Robin Hill.

For units, Colebee sits at a median of $720K against $325K in Robin Hill, which makes Robin Hill the more affordable unit market and Colebee the pricier one.

On cash flow, Colebee leads: houses there return a gross rental yield of 3.20%, compared with 2.21% in Robin Hill, a gap of 0.99 percentage points.

Over the past year house prices moved +4.0% in Colebee and +7.1% in Robin Hill, so recent momentum favours Robin Hill, although both suburbs recorded growth.

Looking back three years, Colebee houses are +10.6% and Robin Hill houses +31.1%, so Robin Hill has compounded faster than Colebee over the longer window.

Rental vacancy is 2.2% in Colebee and 6.2% in Robin Hill, so landlords in Colebee face less competition for tenants.

Colebee is the bigger suburb, with a population of 4,914 against 925, roughly 5 times the size of Robin Hill; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Colebee for rental income, Robin Hill for recent price momentum, Colebee for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.