Corinella is a quiet locality in New South Wales within the Forbes local government area (postcode 2871). With a population of 72, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $98K per year, with an average household size of 3 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Corinella is $585,000, having dropped significantly 95.1% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.6%.
Public transport access includes 3 bus stops. The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Corinella offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($585K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.0x is considered moderate. House prices have moved -95.1% year-on-year.
Corinella is a quiet locality in New South Wales within the Forbes local government area (postcode 2871). With a population of 72, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $98K per year, with an average household size of 3 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Corinella is $585,000, having dropped significantly 95.1% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.6%.
Public transport access includes 3 bus stops. The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Corinella offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($585K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.0x is considered moderate. House prices have moved -95.1% year-on-year.