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Colbinabbin, VIC 3559
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$640,000
market range $325K-$700K
Median Unit
$170,000
list-price estimate
Gross Yield (houses)
3.3%
1yr Growth
-
Investment snapshot for Colbinabbin
Colbinabbin has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Colbinabbin market and investor summary
In Colbinabbin, VIC 3559, the median house sells for around $640K, on a gross rental yield of 3.3% for houses.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.3% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 65 days on market, so plan for a slower exit if you ever need one.
Living in Colbinabbin: people, income and schools
Colbinabbin is home to around 285 people, a number that has held fairly steady over five years. At a median age of 47, it reads as skewed a little older, and 75% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $66,000 a year (about $1,280 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 9.6 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing below the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 285
- +3% over 5yr
- Median age
- 47 years
- Median household income
- $66,000/yr
- Households renting
- 14%
- Family households
- 67%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 935
- Unemployment
- 3.9%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Colbinabbin
View all →Frequently asked questions about Colbinabbin
What should I check before investing in Colbinabbin?
Colbinabbin has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Colbinabbin?
The median property price in Colbinabbin, VIC 3559 is $640K for houses.
What rental yield does Colbinabbin show?
The gross rental yield in Colbinabbin is 3.3% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How many people live in Colbinabbin?
Colbinabbin has a population of approximately 285 residents, with a median age of 47.
What schools are near Colbinabbin?
There are 1 school within roughly 5km of Colbinabbin. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Colbinabbin affordable to buy in?
A median house in Colbinabbin costs about 9.6 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Colbinabbin's population growing?
The population of Colbinabbin has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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