Suburb Profile Report for Coraki NSW (2471)

Coraki House: Median price $245,000, Annual capital growth 2.82%, Number of sales 21, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Coraki, 2471 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.95%

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

Coraki, 2471 is offering NSW ‘s 811th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.

Residents and property investors in Coraki have been waiting around 103.94 days to sell a property.

The NSW suburb of Coraki, 2471 is in the Richmond Valley local government area.

Metrics i HOUSE UNIT
$245,000 N/A
2.08% N/A
13.95% N/A
2.82% N/A
$295 N/A
21 N/A
6.26% N/A
103.94 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1477
Median household income ($/weekly) 784
Median age of persons 40
Median housing loan repayment ($/monthly) 1116
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 226 15.3
    35-44 years 180 12.2
    45-54 years 179 12.1
    55-64 years 202 13.7
    65-74 years 145 9.8
    Others 545 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 467 47.4
    Not Married 406 41.2
    Defacto Relationship 112 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1313 94.8
    Greece 7 0.5
    Papua New Guinea 5 0.4
    United Kingdom 39 2.8
    Other 6 0.4
    Others 15 1.1
    Country of Birth
    Census Count Percent(%)
    Christianity 978 76.2
    No Religion 286 22.3
    Buddhism 16 1.2
    Other Religious Groups 4 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 54 12.0
    $400-$599 83 18.4
    $600-$799 62 13.8
    $1,000-$1,249 56 12.4
    $1,500-$1,999 44 9.8
    Others 151 33.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 518 49.2
    Employed, worked full-time 263 25.0
    Employed, worked part-time 166 15.8
    Unemployed, looking for work 60 5.7
    Employed, away from work 45 4.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 53 11.2
    Professionals 56 11.9
    Technicians & trades workers 86 18.2
    Community & personal service workers 60 12.7
    Labourers 82 17.4
    Others 135 28.6
    Occupation
    Census Count Percent(%)
    Pre-school 33 10.0
    Infants/Primary 116 35.2
    Secondary 118 35.8
    Technical or Further Educational Institution 32 9.7
    University or other Tertiary Institutions 21 6.4
    Others 10 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1310 97.1
    Flat, unit or apartment 16 1.2
    Semi-detached, row or terrace house, townhouse 10 0.7
    House or flat attached to a shop, office 8 0.6
    Caravan, cabin, houseboat 5 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 190 39.1
    Being purchased 172 35.4
    Rented 121 24.9
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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