Carlton vs Collingwood.
Comparing two suburbs with median house prices of $1,761,500 and $1,403,500. Collingwood edges out on more headline metrics in this comparison.
Collingwood (median $1,403,500) is roughly 26% cheaper to buy into than Carlton ($1,761,500).
On school quality, the average ICSEA across schools serving Collingwood (1066) sits above Carlton (1044).
For buyers
Collingwood is the lower entry point at $1,403,500 median, 26% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Collingwood offers the higher gross rental yield (3.52% vs 2.80%), favouring cash-flow investors.
For families
Collingwood edges out on average school ICSEA (1066 vs 1044).
Common questions
Is Carlton or Collingwood cheaper to buy in?
Collingwood has the lower median house price at $1,403,500, roughly 26% below Carlton ($1,761,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Carlton or Collingwood have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Collingwood scores 1066 vs 1044 in Carlton. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Carlton or Collingwood?
Gross rental yield on houses is 3.52% in Collingwood vs 2.80% in Carlton. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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