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Does the colourbond fence have a capping on the top? Usually they do as it finishes off the fence and caps over the sharp edge. Why not remove it and expose the edge/end. Climbing over then would be nigh on impossible . Simple to do and no one would be any the wiser except the oxygen thieves who wanted to climb over! If it wasn't sharp enough for your liking you could always put an edge on it with a trusty 'dremel' style tool !
I might get crucified here but,
This could be a good opportunity to move them on to a more secure surrounds.
Are they getting to the age where they will not be able to maintain the property,
and wouldn't you prefer to see them settle where all maintenance is done and they feel secure.
If this is an ongoing problem this could take years off there lives worrying
about being broken into.
Many developers would love to build more of these, but they're very "out of favour" with most councils in the country at the moment. Most Councils around Australia are highly opposed to having "enclaves"; they seem them as elitist and are concerned about the demographic implications.Having said that - i think gated and secured estates are something to seriously consider for investments as a developer.