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Corinda, QLD 4075

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

Data updated

Tight Rental Market

Median House

$1,580,000

market range $1.6M-$1.6M

Median Unit

$820,000

market range $775K-$850K

Gross Yield (houses)

2.6%

1yr Growth

-

Investment snapshot for Corinda

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

Read the full Corinda verdict

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Investment score breakdown

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Corinda market and investor summary

In Corinda, QLD 4075, the median house sells for around $1.6M, on a gross rental yield of 2.6% for houses. House prices have moved +27.6% over three years. At 0.8% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.6% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking.

Living in Corinda: people, income and schools

Corinda is home to around 5,555 people, and the area has been growing steadily, up about 7% over five years. At a median age of 41, it reads as skewed a little older, and families account for 73% of households.

The typical household income runs to around $114,000 a year (about $2,190 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 13.9 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

Families have 37 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Corinda sits about 9.2 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 64 for walkability and 18 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
5,555
+7% over 5yr
Median age
41 years
Median household income
$114,000/yr
Households renting
28%
Family households
73%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
37
avg ICSEA 1099
Unemployment
2.9%
Distance to CBD
9.2 km
Walk score
64/100

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

Properties in Corinda

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Frequently asked questions about Corinda

What should I check before investing in Corinda?

Corinda has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.1% gives a usable rent-to-price starting point. 3-year capital growth of +27.6% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Corinda?

The median property price in Corinda, QLD 4075 is $1.6M for houses and $820K for units.

What rental yield does Corinda show?

The gross rental yield in Corinda is 2.6% for houses and 4.1% 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 Corinda?

House prices in Corinda are up 27.6% 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 Corinda?

The current vacancy rate in Corinda is 0.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Corinda?

Corinda has a population of approximately 5,555 residents, with a median age of 41.

What schools are near Corinda?

There are 37 schools within roughly 5km of Corinda. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Corinda affordable to buy in?

A median house in Corinda costs about 13.9 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 Corinda's population growing?

The population of Corinda has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Corinda from the CBD?

Corinda is about 9.2 km from the CBD.

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