Suburb Profile Report for Coraki NSW (2471)

Coraki House: Median price $242,500, Annual capital growth 3.02%, Number of sales 22, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report

Investment property in Coraki has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.52%

A 0.31% growth in median value for property investors in Coraki,2471 puts this suburb at number 859th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Coraki should be aiming for at least -4.02% off the asking price, which is the average vendor discount being achieved at the moment.

Coraki is 54th on a list of best yielding suburbs for rents in NSW with a 6.00% return

Metrics i HOUSE UNIT
$242,500 N/A
1.68% N/A
16.52% N/A
3.02% N/A
$280 N/A
22 N/A
6.00% N/A
123.35 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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