Thinking about buying in Coramba? Now could not be a better time, with just 407 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $821,000 with prices in this suburb ranging from $133,000 to $3,029,000. Coramba is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $420.00 |
Median Monthly Mortgage | $1445.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 40.00 |
Average Income | $738.00 |
Average Cars Per Dwelling | 2.21 |
Average Properties Within 50M | 3 |
1 Bed  $499,000 |
2 Bed  $652,000 |
3 Bed  $795,000 |
4 Bed  $940,000 |
5 Bed  $1,241,000 |
6 Bed+$1,199,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Coramba is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Coramba leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Coramba the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
UNIT 1, 31 GALE ST, CORAMBA, NSW, 2450 | 2 | 1 | 0 | $770,000 |
Coramba Public School
Karangi Public School
(While the above schools are located with the suburb of Coramba there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
08-10-2024 | $810,000 | 87 GALE ST |
20-09-2024 | $605,000 | 25 DORRIGO ST |
16-08-2024 | $700,000 | 335 EAST BANK RD |
19-07-2024 | $1,200,000 | 345 ORARA WAY |
29-05-2024 | $580,000 | 38 EAST BANK RD |
28-03-2024 | $670,000 | 8 KEEVERS CL |
29-02-2024 | $1,200,000 | 558 EAST BANK RD |
13-11-2023 | $650,000 | 52 GALE ST |
15-09-2023 | $405,000 | 58 EAST BANK RD |
01-09-2023 | $620,000 | 85 GALE ST |
19-04-2023 | $550,000 | 13 GALE ST |
10-03-2023 | $815,000 | 4 MARTIN ST |
08-02-2023 | $565,000 | 8 MARTIN ST |
20-01-2023 | $680,000 | 1513 CORAMBA RD |
13-12-2022 | $530,000 | 25 THROWER AVE |
14-11-2022 | $810,000 | 48 GALE ST |
27-10-2022 | $1,035,000 | 99 THORNTON RD |
11-10-2022 | $1,200,000 | 421 ORARA WAY |
04-10-2022 | $530,000 | 6 KEEVERS CL |
12-09-2022 | $1,100,000 | 381 EAST BANK RD |
29-08-2022 | $420,000 | 15 DORRIGO ST |
05-08-2022 | $630,000 | 4 SHORT ST |
05-08-2022 | $2,225,000 | 49 KINGS RIDGE FOREST RD |
05-08-2022 | $630,000 | 4 SHORT ST |
05-08-2022 | $2,225,000 | 49 KINGS RIDGE FOREST RD |
13-05-2022 | $520,000 | 14 THROWER AVE |
10-05-2022 | $630,000 | 1513 CORAMBA RD |
30-03-2022 | $990,000 | 80 DUNCANS BRIDGE RD |
30-03-2022 | $636,500 | 29 DORRIGO ST |
30-03-2022 | $990,000 | 80 DUNCANS BRIDGE RD |
30-03-2022 | $636,500 | 29 DORRIGO ST |
02-02-2022 | $890,000 | 77 GALE ST |
17-12-2021 | $600,000 | 16 MOSES CL |
17-12-2021 | $540,000 | 38 EAST BANK RD |
06-10-2021 | $440,000 | 40 GALE ST |
07-09-2021 | $645,000 | 22 DORRIGO ST |
31-08-2021 | $800,000 | 384 ORARA WAY |
31-08-2021 | $742,538 | 3 THROWER AVE |
31-08-2021 | $800,000 | 384 ORARA WAY |
31-08-2021 | $742,538 | 3 THROWER AVE |
14-07-2021 | $150,000 | 863 EAST BANK RD |
07-07-2021 | $530,000 | 35 THROWER AVE |
07-07-2021 | $690,000 | 1188 CORAMBA RD |
07-07-2021 | $530,000 | 35 THROWER AVE |
07-07-2021 | $690,000 | 1188 CORAMBA RD |
18-06-2021 | $972,000 | 8 DANIELS RD |
21-04-2021 | $449,000 | 41 PRIORS RD |
19-03-2021 | $1,200,000 | 281 EAST BANK RD |
17-03-2021 | $470,000 | 7 KEEVERS CL |
26-02-2021 | $390,000 | 1474 CORAMBA RD |
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