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East Corrimal, NSW 2518

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

Data updated

Tight Rental MarketStrong Growth

Median House

$1,850,000

market range $1.8M-$2.0M

Median Unit

$800,000

market range $725K-$850K

Gross Yield (houses)

2.5%

1yr Growth (houses)

+8.9%

market range +5.0% to +12.5%

Investment snapshot for East Corrimal

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

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East Corrimal market and investor summary

East Corrimal (NSW 2518) runs a median house price of $1.9M, with houses yielding a gross 2.5%. House prices have moved +8.9% over the past year and +25.2% over three years. At 0.7% 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 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking. If you are weighing units rather than houses, a pipeline of new approvals is worth watching as future supply that can hold back apartment price and rent growth.

Living in East Corrimal: people, income and schools

East Corrimal is home to around 3,432 people, a number that has held fairly steady over five years. The median age is 39, broadly working-age, and families account for 66% of households.

Households here earn a median of about $79,000 a year, or roughly $1,520 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 23.4 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 39% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There are 28 schools within about 5km, testing below the national school average on ICSEA. It is roughly 63 km from the CBD. It is fairly car-dependent; the suburb scores 29 for walkability and 9 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
3,432
+4% over 5yr
Median age
39 years
Median household income
$79,000/yr
Households renting
38%
Family households
66%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
28
avg ICSEA 947
Unemployment
6.8%
Distance to CBD
63 km
Walk score
29/100

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

Properties in East Corrimal

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Frequently asked questions about East Corrimal

What should I check before investing in East Corrimal?

East Corrimal has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +8.9% in the past year shows strong recent price momentum. 3-year capital growth of +25.2% 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 East Corrimal?

The median property price in East Corrimal, NSW 2518 is $1.9M for houses and $800K for units.

What rental yield does East Corrimal show?

The gross rental yield in East Corrimal is 2.5% for houses. 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 East Corrimal?

House prices in East Corrimal are up 8.9% over the past year and up 25.2% 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 East Corrimal?

The current vacancy rate in East Corrimal is 0.7%. 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 East Corrimal?

East Corrimal has a population of approximately 3,432 residents, with a median age of 39.

What schools are near East Corrimal?

There are 28 schools within roughly 5km of East Corrimal. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is East Corrimal affordable to buy in?

A median house in East Corrimal costs about 23.4 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 East Corrimal's population growing?

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

How far is East Corrimal from the CBD?

East Corrimal is about 63 km from the CBD.

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