Powered by MOMENTUM MEDIA
AREA REPORTS

Coramba

Suburb Profile

Coramba - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2450

house

CORAMBA, 2450 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling CORAMBA, 2450 values up and netting property investors a capital gain of 32.48% for the past year.

Investors saw the median home price rise to $520,000.

Profits due to an upward trend in home prices in the suburb averaged 12.28% per annum over a 3-year period.

CORAMBA now ranks at the 3rd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in CORAMBA are high, as opposed to average gains per annum over the past five years.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CORAMBA, homes and units usually stay on listing for an average of 0.0 days.

In 2016, 13 properties were sold in CORAMBA during the past year, making it the 1194th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $520,000 N/A
GROWTH REPORT
Median Quarterly 28.4% N/A
Median 12 month 32.48% N/A
Median 3 years 36.84% N/A
Median 5 years 48.57% N/A
10 years average annual 6.91% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
299
Weekly Household Income
822.1
Household Size
2.70
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

Rental moratorium extension

Rental moratorium extension to create ‘perfect storm’ for mum and dad investors

The NSW government’s decision to extend its rental moratorium has been hit with criticism, with flow-on effects set to severely impact mum...

Lending changes to see home ownership boost

Lending changes to see home ownership boost

Master Builders Australia has said that recent lending changes are set to provide a big boost for home ownership and bolster economic recov...

FHBs bearing heavier deposit burden

FHBs bearing heavier deposit burden: Domain

Housing affordability pressures have intensified for first home buyers in five of Australia’s major capitals, who now require more time to...

Are we nearing another property boom?

Wealthi investment director Stephanie Davies has acknowledged that we’re seeing a lot of markets retracting and property values taking a d...

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: How hype can hinder good investment decisions

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: How hype can hinder good investment decisions

There’s no shortage of information in the media speculating on the state of the Australian property market, but Right Property Group’s V...

Total auction volumes

Total auction volumes up 24%

The number of homes expected to go under the hammer across the combined capital cities is expected to rise 24 per cent week-on-week. ...

Website Notifications

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