Hallidays Point vs Rainbow Flat

Hallidays Point (median $1,123,500) is roughly 0% cheaper to buy into than Rainbow Flat ($1,125,000). Over the past year, Hallidays Point (+16.2%) ran 19.6 percentage points ahead of Rainbow Flat (-3.4%) on house-price growth.

Buying in Hallidays Point or Rainbow Flat?

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Selling in Hallidays Point? The free selling guide

Hallidays Point and Rainbow Flat side by side

MeasureHallidays PointRainbow Flat
Price and market
Median house$1,123,500$1,125,000
Median unit$237,600$237,600
House price change, 12 months+16.2%-3.4%
Renting
House rent$585/wk$585/wk
Unit rent$418/wk$418/wk
Owner occupied91.0%90.0%
Renter occupied9.0%7.0%
Schools
Schools nearby1920
Average ICSEA938928
Lifestyle and people
Walk score00
Transit score00
Bike score100
Population656693
Median age5151
Climate
Annual rainfall1131 mm1131 mm
Mean max, January28.2°C28.2°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 Hallidays Point (938) sits above Rainbow Flat (928).

For buyers
Hallidays Point is the lower entry point at $1,123,500 median, 0% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Hallidays Point carries both higher gross yield (2.71% vs 2.70%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Hallidays Point edges out on average school ICSEA (938 vs 928).

Hallidays Point vs Rainbow Flat: common questions

Is Hallidays Point or Rainbow Flat cheaper to buy in?

Hallidays Point has the lower median house price at $1,123,500, roughly 0% below Rainbow Flat ($1,125,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Hallidays Point or Rainbow Flat?

Over the past 12 months, Hallidays Point grew +16.2% vs -3.4% in Rainbow Flat, a gap of 19.6 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 Hallidays Point or Rainbow Flat have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Hallidays Point scores 938 vs 928 in Rainbow Flat. 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, Hallidays Point or Rainbow Flat?

Gross rental yield on houses is 2.71% in Hallidays Point vs 2.70% in Rainbow Flat. 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.