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Coramba, NSW 2450

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Strong Growth

Median House

$770,000

market range $700K-$825K

Median Unit

$570,000

Gross Yield (units)

4.7%

1yr Growth (houses)

+12.0%

market range +7.5% to +15.0%

Investment snapshot for Coramba

Coramba has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Coramba market and investor summary

Coramba (NSW 2450) runs a median house price of $770K. House prices have moved +12.0% over the past year and +17.0% over three years. At 3.7% vacancy, it is a softer rental market with more choice for tenants.

Demand is softer at 3.7% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.

Living in Coramba: people, income and schools

About 817 people live in Coramba, a number that has held fairly steady over five years. The median age is 46, skewed a little older, and 83% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $85,000 a year, or roughly $1,630 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 9.1 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 31% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There are 2 schools within about 5km, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 2 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
817
+4% over 5yr
Median age
46 years
Median household income
$85,000/yr
Households renting
15%
Family households
78%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
2
avg ICSEA 936
Unemployment
4.8%
Walk score
2/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Coramba

No properties currently listed in Coramba

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Frequently asked questions about Coramba

What should I check before investing in Coramba?

Coramba has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.7% gives a usable rent-to-price starting point. Capital growth of +12.0% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Coramba?

The median property price in Coramba, NSW 2450 is $770K for houses and $570K for units.

What rental yield does Coramba show?

The gross rental yield in Coramba is 4.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Coramba?

House prices in Coramba are up 12.0% over the past year and up 17.0% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Coramba?

The current vacancy rate in Coramba is 3.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Coramba?

Coramba has a population of approximately 817 residents, with a median age of 46.

What schools are near Coramba?

There are 2 schools within roughly 5km of Coramba. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Coramba affordable to buy in?

A median house in Coramba costs about 9.1 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Coramba's population growing?

The population of Coramba has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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