Coal Point vs Kilaben Bay.
Comparing two suburbs with median house prices of $1,150,000 and $1,051,250. Kilaben Bay edges out on more headline metrics in this comparison.
Kilaben Bay (median $1,051,250) is roughly 9% cheaper to buy into than Coal Point ($1,150,000). Over the past year, Kilaben Bay (+12.7%) ran 24.6 percentage points ahead of Coal Point (-11.9%) on house-price growth.
For buyers
Kilaben Bay is the lower entry point at $1,051,250 median, 9% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Kilaben Bay carries both higher gross yield (3.26% vs 2.98%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Common questions
Is Coal Point or Kilaben Bay cheaper to buy in?
Kilaben Bay has the lower median house price at $1,051,250, roughly 9% below Coal Point ($1,150,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Coal Point or Kilaben Bay?
Over the past 12 months, Kilaben Bay grew +12.7% vs -11.9% in Coal Point, a gap of 24.6 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Which suburb has higher rental yield, Coal Point or Kilaben Bay?
Gross rental yield on houses is 3.26% in Kilaben Bay vs 2.98% in Coal Point. 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).
Compare Coal Point against another suburb