East Corrimal is a smaller suburb in New South Wales within the Wollongong local government area (postcode 2518). With a population of 3,432, the suburb has an established demographic with a median age of 39. Households earn a median income of $79K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.

The median house price in East Corrimal is $1.6 million, having declined 6.4% over the past year. Units have a median price of $790,000 (+16.2% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,167.

Public transport access includes 2 rail stations, 14 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.

From an investment perspective, East Corrimal offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 20.4x is considered stretched. House prices have moved -6.4% year-on-year.