VIC, 3984 - Bass Coast

Thinking about buying in Corinella? Now could not be a better time, with 1090 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $783,000 with prices in this suburb ranging from $168,000 to $7,273,000. Corinella is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $326.50
Median Monthly Mortgage $1450.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 54.50
Average Income $597.00
Average Cars Per Dwelling 1.96
Average Properties Within 50M 8

Housing Stock

Average Property Prices

1 Bed  $412,000
2 Bed  $593,000
3 Bed  $786,000
4 Bed  $1,057,000
5 Bed  $1,136,000

Corinella Real Estate Market Outlook

In Corinella there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Corinella 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. The slightly lower than average earnings from occupations in Corinella changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Corinella 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.

Local Schools

Bass Valley Primary School

(While the above schools are located with the suburb of Corinella there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Corinella weather - Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

25-03-2024 $8,849,412 1102 WEST PLAINS RD
25-03-2024 $23,051,580 6751 NEWELL HWY
25-03-2024 $11,831,600 337 WILKINS LANE
20-06-2023 $5,500,000 1383 CORINELLA RD
11-06-2021 $6,517,699 279 WEST PLAINS RD
14-05-2021 $1,002,500 838 CORINELLA RD
08-10-2020 $3,290,889 6751 NEWELL HWY
08-10-2020 $3,285,643 337 WILKINS LANE
14-02-2020 $5,335,000 1102 WEST PLAINS RD
18-12-2018 $2,572,000 885 CORINELLA RD
11-05-2015 $1,179,449 163 WOODS RD
21-06-2013 $898,000 1172 WARROO RD

Internet Speed

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Nearby Suburbs

Tenby PointCoronet BayQueensferryAdams EstateBassGlen ForbesGrantvilleElizabeth IslandPioneer BayThe Gurdies

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