Powered by MOMENTUM MEDIA
Corlette
AREA REPORTS

Corlette

Corlette - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2315

house
unit

Homeowners and real estate investors betting on CORLETTE, 2315 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 22.71%.

A steady increase in median property prices over a five-year period in the suburb translates to a 23.6% capital gain.

Property investors in CORLETTE enjoyed capital gains of 22.71% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $859,000.

Profits due to an upward trend in home prices there averaged 7.87% per annum over a 3-year period.

Home owners selling their properties and realtors in CORLETTE usually have to wait an average of 64.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $500 mark, reflecting a 3.03% increase in returns based on the current median price in CORLETTE.

CORLETTE, 2315 places 233rd in Australia based on median property value growth during the quarter.

Data report can be found below

Corlette
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $859,000 $600,000
GROWTH REPORT
Median Quarterly 10.48% 0.84%
Median 12 month 22.71% 12.15%
Median 3 years 23.6% 27.66%
Median 5 years 41.98% 39.53%
10 years average annual 6.52% 8.65%
Weekly media advert. rent $500 $470
Time on Market 64.0 days 0.0 days
Gross Rental Yield Percent 3.03% 4.07%
demographics (median values)*
Total Population
14658
Weekly Household Income
1124
Household Size
2.30
Age
51
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.