Colebee vs Riverstone

Riverstone (median $1,100,000) is roughly 17% cheaper to buy into than Colebee ($1,324,000). Over the past year, Colebee (+3%) ran 0.2 percentage points ahead of Riverstone (+2.8%) on house-price growth.

Buying in Colebee or Riverstone?

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Colebee and Riverstone side by side

MeasureColebeeRiverstone
Price and market
Median house$1,324,000$1,100,000
Median unit$343,440$845,000
House price change, 12 months+3.0%+2.8%
Renting
House rent$660/wk$850/wk
Unit rent–$560/wk
Owner occupied78.0%62.0%
Renter occupied20.0%35.0%
Schools
Schools nearby2020
Average ICSEA10011064
Lifestyle and people
Walk score1414
Transit score040
Bike score100100
Population4,9148,627
Median age3332
Climate
Annual rainfall719 mm719 mm
Mean max, January30.1°C30.1°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 Riverstone (1064) sits above Colebee (1001). Colebee skews owner-occupied (78%), Riverstone runs more rental-dense (62% owner).

For buyers
Riverstone is the lower entry point at $1,100,000 median, 17% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Riverstone delivers the better gross yield (4.02% vs 2.59%), but Colebee has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Riverstone edges out on average school ICSEA (1064 vs 1001). Colebee also has a higher family-household share (94% vs 81%), so the catchment community skews family-heavy.

Colebee vs Riverstone: common questions

Is Colebee or Riverstone cheaper to buy in?

Riverstone has the lower median house price at $1,100,000, roughly 17% 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 Riverstone?

Over the past 12 months, Colebee grew +3% vs +2.8% in Riverstone, a gap of 0.2 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 Riverstone have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Riverstone scores 1064 vs 1001 in Colebee. 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 Riverstone?

Gross rental yield on houses is 4.02% in Riverstone 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.