Colonel Light Gardens vs Panorama

Panorama (median $1,355,500) is roughly 19% cheaper to buy into than Colonel Light Gardens ($1,668,000). Over the past year, Panorama (+16.5%) ran 19.0 percentage points ahead of Colonel Light Gardens (-2.5%) on house-price growth.

Buying in Colonel Light Gardens or Panorama?

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Colonel Light Gardens and Panorama side by side

MeasureColonel Light GardensPanorama
Price and market
Median house$1,668,000$1,355,500
Median unit$316,800$316,800
House price change, 12 months-2.5%+16.5%
Renting
House rent$830/wk$675/wk
Unit rent$410/wk$380/wk
Owner occupied86.0%84.0%
Renter occupied12.0%14.0%
Schools
Schools nearby2020
Average ICSEA11051095
Lifestyle and people
Walk score182
Transit score00
Bike score3025
Population3,3112,388
Median age4243
Climate
Annual rainfall598 mm598 mm
Mean max, January28.5°C28.5°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

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).

For buyers
Panorama is the lower entry point at $1,355,500 median, 19% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Panorama carries both higher gross yield (2.59% vs 2.59%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Colonel Light Gardens edges out on average school ICSEA (1105 vs 1095).

Colonel Light Gardens vs Panorama: common questions

Is Colonel Light Gardens or Panorama cheaper to buy in?

Panorama has the lower median house price at $1,355,500, roughly 19% below Colonel Light Gardens ($1,668,000). 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, Panorama grew +16.5% vs -2.5% in Colonel Light Gardens, a gap of 19.0 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 2.59% in Panorama vs 2.59% 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.