Colebee vs Dean Park
Dean Park (median $1,050,000) is roughly 21% cheaper to buy into than Colebee ($1,324,000). Over the past year, Dean Park (+12.8%) ran 9.8 percentage points ahead of Colebee (+3%) on house-price growth.
Buying in Colebee or Dean Park?
Selling in Colebee? The free selling guide
Colebee and Dean Park side by side
| Measure | Colebee | Dean Park |
|---|---|---|
| Price and market | ||
| Median house | $1,324,000 | $1,050,000 |
| Median unit | $343,440 | $343,440 |
| House price change, 12 months | +3.0% | +12.8% |
| Renting | ||
| House rent | $660/wk | $660/wk |
| Owner occupied | 78.0% | 67.0% |
| Renter occupied | 20.0% | 28.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1001 | 958 |
| Lifestyle and people | ||
| Walk score | 14 | – |
| Transit score | 0 | – |
| Bike score | 100 | – |
| Population | 4,914 | 3,180 |
| Median age | 33 | 35 |
| Climate | ||
| Annual rainfall | 719 mm | 726 mm |
| Mean max, January | 30.1°C | 30.0°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Colebee (1001) sits above Dean Park (958). Colebee skews owner-occupied (78%), Dean Park runs more rental-dense (67% owner).
- For buyers
- Dean Park is the lower entry point at $1,050,000 median, 21% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Dean Park carries both higher gross yield (3.27% vs 2.59%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Colebee edges out on average school ICSEA (1001 vs 958). Colebee also has a higher family-household share (94% vs 82%), so the catchment community skews family-heavy.
Colebee vs Dean Park: common questions
Is Colebee or Dean Park cheaper to buy in?
Dean Park has the lower median house price at $1,050,000, roughly 21% below Colebee ($1,324,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Colebee or Dean Park?
Over the past 12 months, Dean Park grew +12.8% vs +3% in Colebee, a gap of 9.8 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.
Does Colebee or Dean Park have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Colebee scores 1001 vs 958 in Dean Park. 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, Colebee or Dean Park?
Gross rental yield on houses is 3.27% in Dean Park vs 2.59% in Colebee. 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.
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