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Collingwood vs Glenlyon

Property investment comparison - Collingwood, VIC 3066 vs Glenlyon, VIC 3461

Head-to-head across core investment metrics: Collingwood wins 2, Glenlyon 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.

MetricCollingwoodGlenlyon
Median house price$1.3M$1.3M
Median unit price$625K$605K
Gross rental yield (houses)3.13%-
Gross rental yield (units)5.75%3.66%
1-year house growth+1.4%estimate-
3-year house growth--
Vacancy rate1.2%7.5%
Population9,179431

Collingwood vs Glenlyon: what the numbers say

The median house price is $1.3M in Collingwood and $1.3M in Glenlyon, so Glenlyon is the cheaper entry point.

For units, Collingwood sits at a median of $625K against $605K in Glenlyon, which makes Glenlyon the more affordable unit market and Collingwood the pricier one.

Rental vacancy is 1.2% in Collingwood and 7.5% in Glenlyon, so landlords in Collingwood face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Collingwood is the bigger suburb, with a population of 9,179 against 431, roughly 21 times the size of Glenlyon; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Glenlyon for a lower purchase price, Collingwood 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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