Powered by MOMENTUM MEDIA
AREA REPORTS

Corinella

Suburb Profile

Corinella - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3984

house

Homeowners and real estate investors betting on CORINELLA, 3984 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 37.25%.

A steady increase in median property prices over a five-year period in the suburb translates to a 29.63% capital gain.

Property investors in CORINELLA enjoyed capital gains of 37.25% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $525,000.

Profits due to an upward trend in home prices there averaged 9.88% per annum over a 3-year period.

Home owners selling their properties and realtors in CORINELLA usually have to wait an average of 95.8 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in CORINELLA.

CORINELLA, 3984 places 16th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $525,000 N/A
GROWTH REPORT
Median Quarterly 14.13% N/A
Median 12 month 37.25% N/A
Median 3 years 29.63% N/A
Median 5 years 68.54% N/A
10 years average annual 7.31% N/A
Weekly media advert. rent N/A N/A
Time on Market 95.8 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
505
Weekly Household Income
635
Household Size
2.30
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

refinancing

One in two Aussies does not believe banks act in their best interests when refinancing

Australians looking to take advantage of record-low interest rates are unlikely to speak with their bank, but have a high level of trust in ...

Collateralised borrowing spiked amid financial stress: RBA

The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segme...

Martin Place

New $800m deal proves office buildings are still on investors’ radar

Property fund manager Investa has teamed up with Canadian financial services group Manulife to acquire an upcoming tower on Martin Place, in...

Melbourne back on the market as auction volumes soar

Melbourne back on the market as auction volumes soar

Melbourne’s auction volumes are well and truly on the rise, with 174 auctions booked last week. ...

Top stories of the week

What’s new in property: Top stories of the week

2021 has kicked off with a bang, leaving experts abuzz with generous property predictions. ...

Why 2021 won’t be the death of retail and office investments

Why 2021 won’t be the death of retail and office investments

Despite being one of the hardest-hit property sectors, investors in commercial property are being advised not to abandon their investments,...

Website Notifications

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