Yerrinbool vs Colo Vale
Yerrinbool (median $904,000) is roughly 10% cheaper to buy into than Colo Vale ($1,000,000). Over the past year, Colo Vale (+22%) ran 23.2 percentage points ahead of Yerrinbool (-1.2%) on house-price growth.
Buying in Yerrinbool or Colo Vale?
Selling in Yerrinbool? The free selling guide
Yerrinbool and Colo Vale side by side
| Measure | Yerrinbool | Colo Vale |
|---|---|---|
| Price and market | ||
| Median house | $904,000 | $1,000,000 |
| Median unit | $343,440 | $343,440 |
| House price change, 12 months | -1.2% | +22.0% |
| Renting | ||
| House rent | $750/wk | $750/wk |
| Owner occupied | 88.0% | 81.0% |
| Renter occupied | 11.0% | 18.0% |
| Schools | ||
| Schools nearby | 20 | 9 |
| Average ICSEA | 1006 | 1010 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 0 | 35 |
| Population | 1,196 | 1,775 |
| Median age | 39 | 38 |
| Climate | ||
| Annual rainfall | 811 mm | 828 mm |
| Mean max, January | 26.8°C | 26.1°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 Colo Vale (1010) sits above Yerrinbool (1006).
- For buyers
- Yerrinbool is the lower entry point at $904,000 median, 10% 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: Yerrinbool delivers the better gross yield (4.31% vs 3.90%), but Colo Vale 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
- Colo Vale edges out on average school ICSEA (1010 vs 1006).
Yerrinbool vs Colo Vale: common questions
Is Yerrinbool or Colo Vale cheaper to buy in?
Yerrinbool has the lower median house price at $904,000, roughly 10% below Colo Vale ($1,000,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Yerrinbool or Colo Vale?
Over the past 12 months, Colo Vale grew +22% vs -1.2% in Yerrinbool, a gap of 23.2 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 Yerrinbool or Colo Vale have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Colo Vale scores 1010 vs 1006 in Yerrinbool. 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, Yerrinbool or Colo Vale?
Gross rental yield on houses is 4.31% in Yerrinbool vs 3.90% in Colo Vale. 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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The two suburbs
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