Side by sideSuburb comparison

Colonel Light Gardens vs Panorama.

Comparing two suburbs with median house prices of $1,760,000 and $1,112,500. Colonel Light Gardens edges out on more headline metrics in this comparison.

Panorama (median $1,112,500) is roughly 58% cheaper to buy into than Colonel Light Gardens ($1,760,000). Over the past year, Colonel Light Gardens (+17.3%) ran 22.8 percentage points ahead of Panorama (-5.5%) on house-price growth.

Colonel Light Gardens scores higher on walkability (18/100 vs 2/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Colonel Light Gardens (1105) sits above Panorama (1095).

The takeWhich suburb suits which buyer

For buyers

Panorama is the lower entry point at $1,112,500 median, 58% 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: Panorama delivers the better gross yield (3.27% vs 2.07%), but Colonel Light Gardens 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

Colonel Light Gardens edges out on average school ICSEA (1105 vs 1095).

Common questionsColonel Light Gardens vs Panorama

Common questions

Is Colonel Light Gardens or Panorama cheaper to buy in?

Panorama has the lower median house price at $1,112,500, roughly 58% below Colonel Light Gardens ($1,760,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Colonel Light Gardens or Panorama?

Over the past 12 months, Colonel Light Gardens grew +17.3% vs -5.5% in Panorama, a gap of 22.8 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 Colonel Light Gardens or Panorama have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Colonel Light Gardens scores 1105 vs 1095 in Panorama. 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 is more walkable, Colonel Light Gardens or Panorama?

Colonel Light Gardens scores 18/100 on walkability vs 2/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Colonel Light Gardens or Panorama?

Gross rental yield on houses is 3.27% in Panorama vs 2.07% in Colonel Light Gardens. 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

Colonel Light Gardens
Metric
Panorama

Price & Market

$1,760,000
Median house
$1,112,500
$316,800
Median unit
$316,800
+17.3%
Annual growth (house)
-5.5%
Days on market

Rental

$700/wk
Rent (house / wk)
$700/wk
$400/wk
Rent (unit / wk)
$450/wk
86.0%
Owner occupied
84.0%
12.0%
Renter occupied
14.0%

Lifestyle & Demographics

18
Walk score
2
0
Transit score
0
30
Bike score
25
3,311
Population
2,388
42
Median age
43

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1105
Avg ICSEA
1095

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).