Fraud Blocker

Corinda, QLD 4075

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Corinda, QLD 4075 located in Brisbane to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Corinda, QLD 4075”

  1. The total adult population (15 years or older) of Corinda 4075 QLD is 4,486, with a median age of 41. Of those, 52.63% are married, 10.86% are divorced or separated, 31.88% are single and 4.75% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $11,388. The median monthly mortgage repayment for households in this suburb is $2,200 which is 19.32% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the heart of Queensland, the suburb of CORINDA 4075 boasts an estimated 2726 households, providing a vibrant community for homeowners and renters alike. As we delve into the Q3 property market statistics of 2023, we find some intriguing data points.

    Typical prices for houses in CORINDA notch up to $1,170,628, accompanied by a median weekly rent of $698. This peculiarity in the property market manifests itself as an indicative yield of 3.1%, meeting the threshold of cashflow-centered investors and signaling potent opportunities for long-term revenue.

    Delving deeper into the socio-economic aspects of the suburb, CORINDA scores an impressive 1090 out of 1217 on the IRSAD scale, indicating a higher socio-economic status of residents, thus improving the allure of the locale.

    The renter to owner ratio stands at a healthy 28%, revealing a market that is not oversaturated with rental properties, thus fostering an appealing balance for property investors. Moreover, the units to houses ratio leans heavily in favour of houses at 19%, which fits well within the favourable range, potentially meaning less competition for tenants and more stability in terms of tenure.

    However, the affordability index presents a bit of a challenge. A lofty 40-year estimation to fully own a property indicates decreased affordability in the area, although this does not negate potentials for investment, especially for those targeting the rental market.

    The supply metrics of the property market in CORINDA bring a positive ambiance with a stock on market percentage of just 0.22% for houses and an inventory level for homes of 0.86 months, remaining well within favoured low supply market values. In addition, the building approval ratio is a favourable 0.95%, indicating a low risk of over-supply.

    Glimpsing at demand, houses spend an average of 69 days on the market, indicating slightly sluggish demand. However, the vacancy rate (combined houses and units) sits at an invitingly low 0.78%, implying that rental demand in CORINDA could be high. Additionally, the buy search index for houses is steady at the state average of 5, reflecting an average level of buyer interest in the area.

    In conclusion, while the suburb does have its challenges particularly in terms of affordability, CORINDA 4075 paints a promising picture overall for property investors, especially those inclined towards the rental sector. It’s crucial to note that these metrics should be considered in context with their trends to get a more accurate view of the property market’s trajectory, and the HtAG analytics Relative Composite Score can provide a valuable tool for this.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment