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AREA REPORTS

Corrimal

Suburb Profile

Corrimal - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2518

house
unit

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.78% growth over a ten-year period. It ranks 350th on our list of suburbs that property investors should look into.

CORRIMAL, 2518 has a capital gain of -13.45% for the past year, which is lower than average compared to its 34.55% growth within a five-year period.

With the median home price in CORRIMAL sitting at $740,000, and the average rent at $525, property owners could potentially earn a 3.69% increase in gross rental yield.

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

CORRIMAL, 2518 in NSW belongs to the local government area of Wollongong (C).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $740,000 $531,250
GROWTH REPORT
Median Quarterly 2.6% 0.71%
Median 12 month -13.45% -12.91%
Median 3 years 4.89% 12.56%
Median 5 years 34.55% 44.95%
10 years average annual 7.78% 7.06%
Weekly media advert. rent $525 $405
Time on Market 59.6 days 91.9 days
Gross Rental Yield Percent 3.69% 3.96%
demographics (median values)
Total Population
6533
Weekly Household Income
868.8
Household Size
2.40
demographics
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Top 10 Birth Countries
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