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Coleambally, NSW 2707

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

High Yield SuburbTight Rental Market

Median House

$355,000

market range $300K-$425K

Median Unit

$255,000

Gross Yield (houses)

5.9%

1yr Growth (houses)

-7.7%

market range -20.0% to +12.5%

Investment snapshot for Coleambally

Coleambally has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Coleambally market and investor summary

In Coleambally, NSW 2707, the median house sells for around $355K, on a gross rental yield of 5.9% for houses. House prices have moved -7.7% over the past year. At 2.0% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.9% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 2.0% and a resident base that is not shrinking. Houses also take time to sell, around 77 days on market, so plan for a slower exit if you ever need one.

Living in Coleambally: people, income and schools

Coleambally has a resident population of roughly 1,152, a number that has held fairly steady over five years. At a median age of 43, it reads as skewed a little older, and families account for 68% of households.

The typical household income runs to around $81,000 a year (about $1,560 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to roughly 4.4 times local household income, leaving more headroom than most capital-city markets.

Families have 2 schools within roughly 5km to choose from, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 28 for walkability and 2 for transit out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
1,152
+1% over 5yr
Median age
43 years
Median household income
$81,000/yr
Households renting
25%
Family households
68%
Socio-economic rank
5/10
ABS advantage index
Schools within 5km
2
avg ICSEA 922
Unemployment
2.2%
Walk score
28/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Coleambally

No properties currently listed in Coleambally

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Frequently asked questions about Coleambally

What should I check before investing in Coleambally?

Coleambally has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 6.5%, before expenses, tax and loan costs. Tight rental market (2.0% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Coleambally?

The median property price in Coleambally, NSW 2707 is $355K for houses and $255K for units.

What rental yield does Coleambally show?

The gross rental yield in Coleambally is 5.9% for houses and 6.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Coleambally?

House prices in Coleambally are down 7.7% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Coleambally?

The current vacancy rate in Coleambally is 2.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Coleambally?

Coleambally has a population of approximately 1,152 residents, with a median age of 43.

What schools are near Coleambally?

There are 2 schools within roughly 5km of Coleambally. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Coleambally affordable to buy in?

A median house in Coleambally costs about 4.4 times the median local household income (more affordable than most capital-city markets). 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 Coleambally's population growing?

The population of Coleambally has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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