Suburb Profile Report for Corlette NSW (2315)

Corlette House: Median price $676,250, Annual capital growth 4.16%, Number of sales 148, Weekly median advertised rent $500

Corlette Unit: Median price $472,000, Annual capital growth 2.41%, Number of sales 24, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

Corlette, 2315 ranked 885th in NSW when comparing growth in median property values or capital gain over the last 12 months. Corlette is one of 3163 in our list for NSW

Corlette,2315 was ranked 3028 in Australia by increase in median property value over the quarter.

At number 587th of NSW’s most discounted properties, Corlette is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Corlette have been waiting around 78.11 days to sell a property.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Corlette has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.51% to date .

Comparing Corlette,2315 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Corlette is 117th on a list of best yielding suburbs for rents in NSW with a 4.74% return

Metrics i HOUSE UNIT
$676,250 $472,000
-0.55% 2.61%
8.85% 8.51%
4.16% 2.41%
$500 $430
148 24
3.84% 4.74%
78.11 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 4640
Median household income ($/weekly) 1105
Median age of persons 46
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 565 12.2
    35-44 years 569 12.3
    45-54 years 589 12.7
    55-64 years 647 13.9
    65-74 years 701 15.1
    Others 1568 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 2007 60.7
    Not Married 1042 31.5
    Defacto Relationship 255 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3630 82.2
    Papua New Guinea 73 1.7
    United Kingdom 360 8.2
    United States of America 40 0.9
    Other 81 1.8
    Others 231 5.2
    Country of Birth
    Census Count Percent(%)
    Christianity 3412 79.8
    No Religion 825 19.3
    Buddhism 22 0.5
    Other Religious Groups 11 0.3
    Hinduism 4 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 169 11.4
    $600-$799 171 11.6
    $800-$999 167 11.3
    $1,500-$1,999 178 12.0
    $2,000-$2,499 137 9.3
    Others 658 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1667 45.9
    Employed, worked full-time 1032 28.4
    Employed, worked part-time 698 19.2
    Employed, away from work 148 4.1
    Unemployed, looking for work 88 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 269 14.3
    Professionals 342 18.2
    Technicians & trades workers 280 14.9
    Clerical & administrative workers 249 13.3
    Sales 253 13.5
    Others 484 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 96 9.9
    Infants/Primary 343 35.4
    Secondary 326 33.6
    Technical or Further Educational Institution 70 7.2
    University or other Tertiary Institutions 106 10.9
    Others 29 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3202 77.2
    Semi-detached, row or terrace house, townhouse 770 18.6
    Flat, unit or apartment 168 4.1
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 721 43.8
    Being purchased 471 28.6
    Rented 448 27.2
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals