AREA REPORTS

Corindi Beach

 

 

NSW/
Corindi beach

Suburb Profile

Corindi Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2456

house

Property investors enjoyed capital gains of 1.63% over the last 12 months in CORINDI BEACH, translating to lower returns compared with its peers in NSW.

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

The suburb posted a 27.23% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

On average, rents on listings have reached the $450 mark, reflecting a 4.68% increase in returns based on the current median price in CORINDI BEACH.

CORINDI BEACH, 2456 ranks 634th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 211th on the list of best yielding suburbs for rental properties in NSW, posting a 4.68% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $500,000 N/A
GROWTH REPORT
Median Quarterly -0.5% N/A
Median 12 month 1.63% N/A
Median 3 years 27.23% N/A
Median 5 years 40.45% N/A
10 years average annual 6.08% N/A
Weekly media advert. rent $450 N/A
Time on Market 106.4 days N/A
Gross Rental Yield Percent 4.68% N/A
demographics (median values)
Total Population
835
Weekly Household Income
610.4
Household Size
2.50
demographics
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