Suburb Profile Report for Corindi Beach NSW (2456)

Corindi Beach House: Median price $444,500, Annual capital growth 6.11%, Number of sales 30, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 6.38% which means that Corindi Beach, 2456 has done well for property investors by showing a capital gain of 10.99% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Corindi Beach has increased when compared to the 5 year average annual rate.

Corindi Beach2456 is located in NSW which offers an average discount of -5.50% to property investors. Corindi Beach itself is showing figures that indicate -3.11% is the average achievable by property buyers investing in the suburb.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.11%, investors should hope to achieve an overall return of 4.68%

HOUSE UNIT
$444,500 N/A
-1.11% N/A
10.99% N/A
6.11% N/A
$400 N/A
30 N/A
4.68% N/A
93.93 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1453
Median household income ($/weekly) 982
Median age of persons 38
Median housing loan repayment ($/monthly) 1600
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 259 17.8
    25-34 years 147 10.1
    35-44 years 203 14.0
    45-54 years 230 15.8
    55-64 years 208 14.3
    Others 406 27.9
    Age Group
    Census Count Percent(%)
    Registered Married 527 54.2
    Not Married 330 33.9
    Defacto Relationship 116 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1236 89.5
    Italy 9 0.7
    Papua New Guinea 25 1.8
    United Kingdom 53 3.8
    Other 19 1.4
    Others 39 2.8
    Country of Birth
    Census Count Percent(%)
    Christianity 919 70.4
    No Religion 342 26.2
    Other Religious Groups 27 2.1
    Buddhism 14 1.1
    Islam 4 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 61 13.5
    $600-$799 52 11.5
    $800-$999 46 10.2
    $1,000-$1,249 52 11.5
    $1,500-$1,999 63 13.9
    Others 179 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 412 39.4
    Employed, worked full-time 340 32.5
    Employed, worked part-time 198 18.9
    Unemployed, looking for work 58 5.5
    Employed, away from work 38 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 93 16.2
    Technicians & trades workers 105 18.3
    Community & personal service workers 81 14.1
    Clerical & administrative workers 71 12.3
    Labourers 75 13.0
    Others 150 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 26 7.2
    Infants/Primary 152 42.3
    Secondary 113 31.5
    Technical or Further Educational Institution 37 10.3
    University or other Tertiary Institutions 25 7.0
    Others 6 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1325 98.9
    Caravan, cabin, houseboat 9 0.7
    Semi-detached, row or terrace house, townhouse 6 0.4
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 200 40.6
    Fully owned 148 30.0
    Rented 145 29.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals