Coleraine vs Tutye
Property investment comparison - Coleraine, VIC 3315 vs Tutye, VIC 3490
Head-to-head across core investment metrics: Coleraine wins 2, Tutye 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 | Coleraine | Tutye |
|---|---|---|
| Median house price | $310K | $315K |
| Median unit price | $475K | - |
| Gross rental yield (houses) | 6.22% | 5.02% |
| Gross rental yield (units) | 4.74% | - |
| 1-year house growth | - | - |
| 3-year house growth | +40.0% | - |
| Vacancy rate | 0.9% | 0.4% |
| Population | 1,062 | 21 |
Coleraine vs Tutye: what the numbers say
The median house price is $310K in Coleraine and $315K in Tutye, so Coleraine is the cheaper entry point, with Tutye houses about 2% dearer.
On cash flow, Coleraine leads: houses there return a gross rental yield of 6.22%, compared with 5.02% in Tutye, a gap of 1.20 percentage points.
Rental vacancy is 0.4% in Tutye and 0.9% in Coleraine, so landlords in Tutye face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Coleraine is the bigger suburb, with a population of 1,062 against 21, roughly 51 times the size of Tutye; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Coleraine for rental income, Coleraine for a lower purchase price, Tutye 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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