AREA REPORTS

Corlette

 

 

NSW/
Corlette

Suburb Profile

Corlette - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2315

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 24.6% capital gain.

Property investors in CORLETTE enjoyed capital gains of 2.04% 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 $699,000.

Profits due to an upward trend in home prices there averaged 8.2% per annum over a 3-year period.

Home owners selling their properties and realtors in CORLETTE usually have to wait an average of 60.8 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $480 mark, reflecting a 3.57% increase in returns based on the current median price in CORLETTE.

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $699,000 $545,000
GROWTH REPORT
Median Quarterly 0% 2.64%
Median 12 month 2.04% 10.1%
Median 3 years 24.6% 32.93%
Median 5 years 45.32% 60.29%
10 years average annual 4.65% 5.84%
Weekly media advert. rent $480 $370
Time on Market 60.8 days 0.0 days
Gross Rental Yield Percent 3.57% 3.53%
demographics (median values)
Total Population
5112
Weekly Household Income
992.5
Household Size
2.50
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Heavy clouds near house

The biggest mistakes first-time investors can make

No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. That...

Aerial shot of property and Scott Morrison

How investors are reacting one week after the election

With the federal election making way for a Liberal win, property investors saw proposals to negative gearing taken out of the equation for t...

Perth

New lending changes predicted to boost WA market, investors

Proposed changes by the prudential regulator would have a great impact for Western Australia’s property market and investors in the market...

Aerial shot of property

Halving stamp duty is the only solution to housing affordability

Australians looking to move up the property ladder are being hindered by a population spending too long in the wrong-size homes. To have a m...

Helping hand

Why investors should seek help from professionals instead of flying solo

Nobody wants to be stressed out by juggling multiple commitments, particularly for property investors with properties that can stay with the...

Arjun Paliwal

How this investor built a 9-property portfolio in 4 years

Investor Arjun Paliwal was only 22 years old when he started building his property portfolio. Now at 26, he holds nine properties spread acr...

Website Notifications

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