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Cornubia

POSTAL CODE: QLD, 4130
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A steady increase in median property prices over a five-year period in the suburb translates to a 31.68% capital gain.

Property investors in CORNUBIA enjoyed capital gains of 8.97% 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 $1,166,000.

Profits due to an upward trend in home prices there averaged 10.56% per annum over a 3-year period.

Home owners selling their properties and realtors in CORNUBIA usually have to wait an average of 42.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $760 mark, reflecting a 3.39% increase in returns based on the current median price in CORNUBIA.

CORNUBIA, 4130 places 274th in Australia based on median property value growth during the quarter.

Surburb overview

Cornubia is a suburb of Logan, Queensland, Australia. It is approximately 31.6 kilometres southeast of Brisbane's central business district. 

According to the 2021 census, Cornubia had 7,810 residents, with a median age of 40. The suburb has experienced steady population growth, increasing from 6,833 in 2011. Households in Cornubia are primarily composed of couples with children. 

Cornubia covers an area of approximately 14.9 square kilometres and is known for its lush bush setting, with many street names reflecting this natural environment. The Beenleigh–Redland Bay Road runs through the south of the locality from west to east, providing connectivity to surrounding areas. The suburb is part of the Koala Coast and is home to various Australian native animals, including koalas, wallabies, and diverse bird species. 

Cornubia was originally named Cornubia Park, deriving its name from the property's owners in the 1920s. The area was used for timber harvesting, dairying, and cultivating crops such as corn, oats, and barley. In September 1934, the Jessens purchased the land and renamed it Cornubia. The land was sold again in 1956 and subdivided into smaller lots, leading to residential development by the early 1980s. Cornubia is the Latin name for Cornwall. 

Cornubia hosts several educational institutions. St Matthew's School is a Catholic primary (Prep-6) school located at 172-180 Bryants Road. In 2017, 552 students enrolled there. Chisholm Catholic College is a Catholic secondary (7-12) school located at 204 California Creek Road. In 2017, 937 students enrolled there. 

A significant feature of the suburb is the Cornubia Forest Nature Refuge, a protected nature conservation area covering 196 hectares. Established between 1999 and 2010, the refuge consists of the former Cornubia Forest Park and the Cornubia Escarpment. It is part of Australia’s National Reserve System, with objectives including the conservation of flora and fauna and recreation such as bushwalking and mountain bike riding. The refuge is also under a Koala Nature Refuge Agreement with the state government. 

The property market in Cornubia has grown, with the median house price currently at $1,068,869. Households in Cornubia are couples with children and are likely to repay $1,800 - $2,399 monthly on mortgage repayments. In general, people in Cornubia work in professional occupations. 

Cornubia offers a blend of suburban living and access to natural reserves, making it appealing to families and individuals seeking a balance between urban amenities and environmental conservation. The suburb's green spaces and parks provide recreational opportunities for residents. 

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