Corrimal has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.62% to date .
A 78.01% growth in median value for property investors in Corrimal,2518 puts this suburb at number 623th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -7.87% to buyers in Corrimal at the moment, which is less than average for the rest of NSW.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.23%, without taking into account capital value appreciation, which has been averaging out at 7.34%.
Corrimal, 2518 ranked 295th in NSW when comparing growth in median property values or capital gain over the last 12 months. Corrimal is one of 3163 in our list for NSW
The most recent median price for Corrimal is $530000, with sellers offering an average of -4.04% off the asking price.
Residents and property investors in Corrimal have been waiting around 41.18 days to sell a property.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.