At number 3965th in the list of Australian suburbs ordered by increase in median house value over the last year, Corinella, 3984 is in the BOTTOM 10% with a property value increase of -11.84% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Corinella,3984 has racked up an average of -11.84% over the period. This ranks it number 1312th in the whole country for real estate investors looking at median house price increases.
At number 174th of VIC’s most discounted properties, Corinella is in the bottom 30% of the state/territory when listing in order of most discounted to least.
A $275 per week rent on the median house gives suburb investors a gross yield of circa 4.27%, without taking into account capital value appreciation, which has been averaging out at 6.75%.