Side by sideSuburb comparison

Tallawong vs Colebee.

Comparing two suburbs with median house prices of $1,354,000 and $1,324,000. Tallawong edges out on more headline metrics in this comparison.

Colebee (median $1,324,000) is roughly 2% cheaper to buy into than Tallawong ($1,354,000). Over the past year, Tallawong (+12.8%) ran 9.8 percentage points ahead of Colebee (+3%) on house-price growth.

Tallawong scores higher on walkability (24/100 vs 14/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Tallawong (1062) sits above Colebee (1001). Colebee skews owner-occupied (78%), Tallawong runs more rental-dense (60% owner).

The takeWhich suburb suits which buyer

For buyers

Colebee is the lower entry point at $1,324,000 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Tallawong carries both higher gross yield (3.15% vs 2.59%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Tallawong edges out on average school ICSEA (1062 vs 1001).

Common questionsTallawong vs Colebee

Common questions

Is Tallawong or Colebee cheaper to buy in?

Colebee has the lower median house price at $1,324,000, roughly 2% below Tallawong ($1,354,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Tallawong or Colebee?

Over the past 12 months, Tallawong grew +12.8% vs +3% in Colebee, a gap of 9.8 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 Tallawong or Colebee have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Tallawong scores 1062 vs 1001 in Colebee. 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, Tallawong or Colebee?

Tallawong scores 24/100 on walkability vs 14/100. 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, Tallawong or Colebee?

Gross rental yield on houses is 3.15% in Tallawong vs 2.59% in Colebee. 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

Tallawong
Metric
Colebee

Price & Market

$1,354,000
Median house
$1,324,000
$437,040
Median unit
$343,440
+12.8%
Annual growth (house)
+3.0%
Days on market

Rental

$820/wk
Rent (house / wk)
$660/wk
$660/wk
Rent (unit / wk)
60.0%
Owner occupied
78.0%
38.0%
Renter occupied
20.0%

Lifestyle & Demographics

24
Walk score
14
0
Transit score
0
100
Bike score
100
6,570
Population
4,914
30
Median age
33

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1062
Avg ICSEA
1001

Climate

1302 mm
Annual rainfall
1302 mm
26.0°C
Mean max (Jan)
26.0°C

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