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AREA REPORTS

East Corrimal

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 28.44% over the last 12 months in EAST CORRIMAL, translating to lower returns compared with its peers in NSW.

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

The suburb posted a 8.16% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $537.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $537.5 mark, reflecting a 2.72% increase in returns based on the current median price in EAST CORRIMAL.

EAST CORRIMAL, 2518 ranks 31st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 897th on the list of best yielding suburbs for rental properties in NSW, posting a 2.72% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,027,500 $495,250
GROWTH REPORT
Median Quarterly 7.03% 4.26%
Median 12 month 28.44% 4.48%
Median 3 years 8.16% 5.37%
Median 5 years 51.1% 35.68%
10 years average annual 9.6% 7.76%
Weekly media advert. rent $537.5 $360
Time on Market 79.9 days 28.6 days
Gross Rental Yield Percent 2.72% 3.78%
demographics (median values)
Total Population
3052
Weekly Household Income
804.4
Household Size
2.20
demographics
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