Suburb Profile Report for Coraki NSW (2471)

Coraki House: Median price $320,000, Annual capital growth 5.96%, Number of sales 27, Weekly median advertised rent $390

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

With a capital gain of 16.36% for the last 12 months, Coraki, 2471 has performed for property investments than its average annual 5.96% property growth over the last 5 years.

Coraki,2471 was ranked 232 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Coraki, 2471. Typically our figures indicate that -4.17% is being offered, which puts this NSW suburb at 2893th most discounted overall in Australia.

Often selling an investment property can take time, and in Coraki the average time real estate has been on the market is 83.2105 days.

A $390 per week rent on the median house gives suburb investors a gross yield of circa 6.34%, without taking into account capital value appreciation, which has been averaging out at 5.96%.

Metrics i HOUSE UNIT
$320,000 N/A
7.56% N/A
16.36% N/A
5.96% N/A
$390 N/A
27 N/A
6.34% N/A
83.2105263157895 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (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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