VIC/
Corinella

Suburb Profile

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

house

A steady increase in median property prices over a five-year period in the suburb translates to a 45.35% capital gain.

Property investors in CORINELLA enjoyed capital gains of 4.57% 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 $383,000.

Profits due to an upward trend in home prices there averaged 15.12% per annum over a 3-year period.

Home owners selling their properties and realtors in CORINELLA usually have to wait an average of 89.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $330 mark, reflecting a 4.48% increase in returns based on the current median price in CORINELLA.

CORINELLA, 3984 places 629th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $383,000 N/A
GROWTH REPORT
Median Quarterly -3.77% N/A
Median 12 month 4.57% N/A
Median 3 years 45.35% N/A
Median 5 years 27.67% N/A
10 years average annual 6% N/A
Weekly media advert. rent $330 N/A
Time on Market 89.0 days N/A
Gross Rental Yield Percent 4.48% N/A
demographics (median values)
Total Population
505
Weekly Household Income
635
Household Size
2.30
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Corinella, VIC
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