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Burrill Lake vs Corindi Beach

Property investment comparison - Burrill Lake, NSW 2539 vs Corindi Beach, NSW 2456

Head-to-head across core investment metrics: Burrill Lake wins 4, Corindi Beach wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBurrill LakeCorindi Beach
Median house price$910K$915K
Median unit price-$705K
Gross rental yield (houses)-3.80%
Gross rental yield (units)5.97%3.94%
1-year house growth+5.3%+4.2%
3-year house growth+11.6%-1.1%
Vacancy rate2.0%1.7%
Population1,7821,802

Burrill Lake vs Corindi Beach: what the numbers say

The median house price is $910K in Burrill Lake and $915K in Corindi Beach, so Burrill Lake is the cheaper entry point, with Corindi Beach houses about 1% dearer.

Over the past year house prices moved +5.3% in Burrill Lake and +4.2% in Corindi Beach, so recent momentum favours Burrill Lake, although both suburbs recorded growth.

Looking back three years, Burrill Lake houses are +11.6% and Corindi Beach houses -1.1%, so Burrill Lake has compounded faster than Corindi Beach over the longer window.

Rental vacancy is 1.7% in Corindi Beach and 2.0% in Burrill Lake, so landlords in Corindi Beach face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Corindi Beach is the bigger suburb, with a population of 1,802 against 1,782, larger than Burrill Lake; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Burrill Lake for a lower purchase price, Burrill Lake for recent price momentum, Corindi Beach for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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