Corinella is a small community in Victoria within the Bass Coast local government area (postcode 3984). With a population of 1,181, the suburb has a mature demographic with a median age of 53. Households earn a median income of $61K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Corinella is $658,000, having declined 5.4% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,500.
Corinella is served by 1 school, including 1 primary. The average ICSEA score is 974, which is around the national average of 1,000. Public transport access includes 11 bus stops. The crime rate in the Bass Coast LGA is higher than average at 8,622 incidents per 100,000 population.
From an investment perspective, Corinella offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($658K/$875K). The price-to-income ratio of 10.8x is considered stretched. House prices have moved -5.4% year-on-year.
Corinella is a small community in Victoria within the Bass Coast local government area (postcode 3984). With a population of 1,181, the suburb has a mature demographic with a median age of 53. Households earn a median income of $61K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Corinella is $658,000, having declined 5.4% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,500.
Corinella is served by 1 school, including 1 primary. The average ICSEA score is 974, which is around the national average of 1,000. Public transport access includes 11 bus stops. The crime rate in the Bass Coast LGA is higher than average at 8,622 incidents per 100,000 population.
From an investment perspective, Corinella offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($658K/$875K). The price-to-income ratio of 10.8x is considered stretched. House prices have moved -5.4% year-on-year.