Coleraine at a glance
Median house
$245,000
Median unit
$110,880
Walk score
6
Very car dependent
Population
1,062
Median age 56
The brief
What to know about Coleraine.
The postcode for Coleraine is 3315 (VIC).
The median house price in Coleraine is $245,000.
Coleraine (3315) sits in the West Wimmera region of Victoria. The median house here is $245,000, well below the Victoria median of around $850K.
Coleraine has roughly 1,062 residents, with a retiree-heavy demographic. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Coleraine scores 6/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Schooling within or near the suburb covers 8 government primary, 2 government secondary, 4 Catholic, 3 independent.
Who lives here
Demographics.
The 2021 Census put Coleraine's population at 1,062, with a median age of 56. That sits as a retiree-heavy demographic. Households are predominantly owner-occupied (80% own, 15% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (44%), often a marker of unit-heavy stock and walkable infrastructure.
Population
1,062
Median age
56
Family households
54%
Lone person
44%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $245,000 on a typical sale, well below the Victoria median. Units come in around $110,880, roughly 55% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $49,000. Prices are well below the Victoria median, which keeps Coleraine on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$245,000
+0.0% over the past year. Median unit price $110,880.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$145/wk
Weekly rent (unit)
$140/wk
Owner occupied
80%
Renter occupied
15%
At a deeper level
$245,000
$110,880
1,062
Median age: 56
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For investors
Investment overview.
Gross rental yield on houses sits at 3.08% (median rent $145/wk against a $245,000 price tag). Units yield 6.57% gross, often the better cash-flow play for first-time investors. Renter share is modest (15%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20263.08%
Based on $245,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20266.57%
Based on $110,880 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202680%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
53
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
6
0
25
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Coleraine.
Local schools for Coleraine
View the catchment for each school to find out more.
Government School Catchment
Coleraine Primary School
Merino Consolidated School
Casterton Primary School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Coleraine.
- What is the median house price in Coleraine?
- The median house price in Coleraine, VIC 3315 is $245,000. The median unit price is $110,880.
- What is the Coleraine postcode?
- Coleraine is in the 3315 postcode, in VIC, in the West Wimmera Shire Council region.
- Where is Coleraine?
- Coleraine is a regional suburb in VIC, postcode 3315, in the West Wimmera Shire Council region.
- What is the average rent in Coleraine?
- The median weekly rent for houses is $145, for units it's $140.
- What schools are in Coleraine?
- There are 18 schools serving Coleraine on this page, including St Joseph's School, Coleraine Primary School, Merino Consolidated School.
- How walkable is Coleraine?
- Coleraine has a Walk Score of 6 out of 100, highly car-dependent. transit score 0, bike score 25.
- What suburbs are near Coleraine?
- Coleraine is close to Tarrenlea, Gritjurk, Hilgay, Konongwootong, Wootong Vale.
- What is the population of Coleraine?
- The population of Coleraine is approximately 1,062 (2021 Census). The median age is 56.
For Sale
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Surrounding Suburbs
Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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