Rainbow Flat vs Hallidays Point
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 Rainbow Flat or Hallidays Point?
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Rainbow Flat and Hallidays Point side by side
| Measure | Rainbow Flat | Hallidays Point |
|---|---|---|
| Price and market | ||
| Median house | $1,125,000 | $1,123,500 |
| Median unit | $237,600 | $237,600 |
| House price change, 12 months | -3.4% | +16.2% |
| Renting | ||
| House rent | $585/wk | $585/wk |
| Unit rent | $418/wk | $418/wk |
| Owner occupied | 90.0% | 91.0% |
| Renter occupied | 7.0% | 9.0% |
| Schools | ||
| Schools nearby | 20 | 19 |
| Average ICSEA | 928 | 938 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 0 | 10 |
| Population | 693 | 656 |
| Median age | 51 | 51 |
| Climate | ||
| Annual rainfall | 1131 mm | 1131 mm |
| Mean max, January | 28.2°C | 28.2°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).
Rainbow Flat vs Hallidays Point: common questions
Is Rainbow Flat or Hallidays Point 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, Rainbow Flat or Hallidays Point?
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 Rainbow Flat or Hallidays Point 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, Rainbow Flat or Hallidays Point?
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.
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