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Colebee suburb profile

Colebee is a rapidly growing suburb in Sydney's north-west, known for its family-friendly environment and modern residential developments. Situated approximately 47km from the Sydney CBD, Colebee offers a suburban lifestyle with easy access to urban amenities. The suburb is home to the Stonecutters Ridge Golf Club, providing residents with recreational opportunities and scenic views. With its proximity to major transport routes like the M7 motorway, Colebee ensures convenient connectivity to surrounding areas. The community-focused atmosphere, coupled with ongoing development, makes Colebee an attractive option for families and professionals seeking a balanced lifestyle.

Colebee property market performance

Colebee's property market has shown stability over the past 12 months, with house values experiencing a modest increase of 1.0%. The current median house price stands at approximately $1.39 million. Notably, there is no data available for unit sales or prices, indicating a market focused on houses.

In terms of sales activity, 15 houses have been sold in the past 12 months, with properties spending a median of 53 days on the market. This suggests a steady demand for houses in the area, although the time on market indicates buyers are taking their time to make decisions.

The rental market in Colebee has remained unchanged over the last 12 months, with the average rent for houses holding steady at $850. The absence of unit rentals further emphasizes the suburb's focus on house properties.

HousesUnits
Median price
Past 3 months
$1.39MN/A
Change in value
Past 12 months
1.0%N/A
Sold
Past 3 months
15N/A
Median days on market
Past 12 months
53N/A
Average rent
Past 12 months
$850N/A
Change in rent
Past 12 months
N/AN/A

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Colebee demographics

Colebee, located in the north-western suburbs of Sydney, is a rapidly growing community known for its family-friendly environment and modern amenities. With a population of 4,914 and a median age of 33, the suburb is predominantly home to young families and professionals seeking a balanced lifestyle. The high median total household income of $3,223 per week reflects the suburb's appeal to affluent families and individuals.

The family-oriented nature of Colebee is evident, with 68.9% of households being couple families with children, highlighting the suburb's strong community focus and excellent local schools. Additionally, 21.1% of households are couple families without children, and 9.7% are one-parent families, indicating a diverse range of family structures within the community.

Property ownership in Colebee is predominantly mortgage-based, with 70% of homes owned with a mortgage, showcasing the suburb's appeal to new homeowners and those investing in their future. Only 9.5% of properties are owned outright, while 20.5% are rented, suggesting a stable housing market with opportunities for both buyers and renters. The suburb's modern housing developments, proximity to shopping centers, and recreational facilities make it an attractive option for those seeking a suburban lifestyle with urban conveniences.

Colebee infrastructure, key developments and investment opportunities

Colebee continues to benefit from its proximity to the established Marsden Park business and retail precinct, with major retailers, large-format shopping, and employment hubs nearby supporting buyer demand and local amenity.[4] The suburb’s reputation as a peaceful, low-density community built around the Stonecutters Ridge golf course, with multiple small parks and open green spaces, enhances its appeal for families and downsizers seeking lifestyle-oriented housing.[4]

Transport connectivity remains a key strength, with quick access to the M7 and bus links to major train and metro stations, and upgrades to Townson Road flagged to further improve links to nearby metro services in coming years.[4] Ongoing incremental retail, dining and service offerings in surrounding centres, combined with good access to Catholic schools and childcare options in the wider area, are likely to underpin property values and maintain strong demand for quality homes in Colebee.[4]

Colebee rental market trends

The rental market in Colebee has remained stable over the past year, with house rents holding steady at $850 per week. There is no data available for unit rents, indicating a potential lack of unit supply in the area. Colebee's consistent house rent suggests a balanced market, appealing to families and individuals seeking a suburban lifestyle with steady rental conditions.

Suburbs near Colebee

Some popular suburbs near Colebee include:

Common questions about Colebee

  • Is Colebee a nice place to live?

    Colebee is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a fantastic place to live. Known for its peaceful atmosphere and modern residential developments, Colebee is particularly appealing to families and professionals seeking a balanced lifestyle. The suburb boasts a community-focused vibe, with a strong emphasis on family-friendly living, making it an ideal choice for those looking to settle down in a nurturing environment.

    One of the standout features of Colebee is its proximity to a range of amenities. Residents enjoy easy access to shopping centers, dining options, and recreational facilities, ensuring that all essential needs are met without having to venture far. The suburb is also home to the picturesque Stonecutters Ridge Golf Club, offering scenic views and recreational opportunities for golf enthusiasts and nature lovers alike. With multiple parks and green spaces, families can enjoy outdoor activities and leisurely strolls in a serene setting.

    Safety and community spirit are integral to Colebee's charm, making it a welcoming place for families. The suburb's connectivity is another significant advantage, with quick access to major transport routes like the M7 motorway, facilitating convenient travel to surrounding areas and the Sydney CBD. However, the trade-off for this suburban bliss is the distance from the city center, which may not suit those seeking a bustling urban lifestyle. Additionally, as a rapidly growing area, residents may experience ongoing development and construction, which could impact the tranquility at times.

    Overall, Colebee offers a wonderful lifestyle for families and individuals who value a peaceful, community-oriented environment with modern conveniences. While it may not have the nightlife and cultural vibrancy of inner-city suburbs, its family-friendly nature, excellent amenities, and connectivity make it a highly desirable place to call home.

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  • Is it expensive to live in Colebee?

    If you're thinking of living in Colebee, it's important to consider the costs involved. Colebee, an outer suburb of Sydney, has a median house price of approximately $1,394,000. This is quite significant, especially when compared to the average wages in Sydney, which are around $96,000 per year. With no current data on unit prices, houses are the primary real estate option here.

    Renting in Colebee also demands a substantial budget, with the average rent for houses sitting at $850 per week. When you compare this to the median total household income in the suburb, which is $3,223 weekly, a significant portion of income would go towards housing costs. This makes living in Colebee relatively expensive, especially for those earning around the Sydney average salary.

    While Colebee offers the benefits of living in a suburban environment with access to Sydney's amenities, the financial commitment required for housing is considerable. It's crucial to evaluate your financial situation to ensure it aligns with the costs associated with living in this area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Colebee a good place to invest?

    Colebee presents a stable investment opportunity, particularly for those seeking steady, long-term growth. Over the past year, the suburb has experienced a modest 1.0% increase in median house values, while unit values have remained unchanged. This suggests a level of stability in the property market, which can be appealing for investors looking for low-risk options.

    While rental prices for both houses and units have not seen any change in the past year, this stability can be beneficial for investors who prioritize consistent rental income over rapid growth. Colebee's appeal lies in its family-friendly environment and proximity to key amenities, making it a desirable location for long-term renters. The suburb's infrastructure and community-focused developments continue to enhance its attractiveness, ensuring a steady demand for rental properties.

    Overall, Colebee may not offer the fastest capital growth, but its stability and consistent demand make it a reliable choice for investors seeking gradual property appreciation and dependable rental returns. The suburb's balanced market conditions and community appeal provide a solid foundation for long-term investment success.

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