Corinda is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4075). With a population of 5,555, the suburb has an established demographic with a median age of 41. Households earn a median income of $114K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Corinda is $1.2 million, having risen modestly 0.5% over the past year. Units have a median price of $535,000 (-4.5% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,200.
Corinda is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1115, which is well above the national average of 1,000. Public transport access includes 1 rail station, 17 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Corinda offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 10.5x is considered stretched. House prices have moved +0.5% year-on-year.
Corinda is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4075). With a population of 5,555, the suburb has an established demographic with a median age of 41. Households earn a median income of $114K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Corinda is $1.2 million, having risen modestly 0.5% over the past year. Units have a median price of $535,000 (-4.5% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,200.
Corinda is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1115, which is well above the national average of 1,000. Public transport access includes 1 rail station, 17 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Corinda offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 10.5x is considered stretched. House prices have moved +0.5% year-on-year.