Upper Corindi is a quiet locality in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 158, the suburb has a mature demographic with a median age of 51. Households earn a median income of $66K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Upper Corindi is $1.6 million, having surged 81.6% over the past year. The current median weekly rent is $680. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,343.
Public transport access includes 6 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Upper Corindi offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 24.0x is considered stretched. House prices have moved +81.6% year-on-year.
Upper Corindi is a quiet locality in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 158, the suburb has a mature demographic with a median age of 51. Households earn a median income of $66K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Upper Corindi is $1.6 million, having surged 81.6% over the past year. The current median weekly rent is $680. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,343.
Public transport access includes 6 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Upper Corindi offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 24.0x is considered stretched. House prices have moved +81.6% year-on-year.