| Median Weekly Rent | $395.00 |
| Median Monthly Mortgage | $1733.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 2.00 |
| Average Age | 53.00 |
| Average Income | $625.00 |
| Average Cars Per Dwelling | 2.40 |
| Average Properties Within 50M | 1 |
| 1 bed property | $900,000 |
| 3 bed property | $966,000 |
| 4 bed property | $1,031,000 |
| 6 bed+ property | $656,000 |
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Thinking about buying in Corunna? Now could not be a better time, with just 52 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $766,000 with prices in this suburb ranging from $400,000 to $1,459,000. Corunna 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
In Corunna 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 Corunna 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 Corunna 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 Corunna 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.
Instant Property Valuation| Settlement Date | Sale Price | Property Address | Details |
|---|---|---|---|
| 2021-10-01 | $6,420,000 | 9 Mystery Bay Road | Corunna, NSW |
| 2020-12-18 | $1,050,000 | 68 Brushgrove Lane | Corunna, NSW |
| 2020-06-11 | $660,000 | 148 Ridge Road | Corunna, NSW |
| 2018-08-24 | $520,000 | 16 Ridge Road | Corunna, NSW |
| 2018-07-03 | $1,200,000 | 947 Old Hwy | Corunna, NSW |
| 2018-02-19 | $285,000 | 132 Ridge Road | Corunna, NSW |
| 2017-09-18 | $900,000 | 7930 Princes Hwy | Corunna, NSW |
| 2017-01-31 | $475,000 | 66 Brushgrove Lane | Corunna, NSW |
| 2016-10-14 | $4,400,000 | 853 Old Hwy | Corunna, NSW |
| 2016-02-26 | $976,000 | 861 Old Hwy | Corunna, NSW |
| 2015-02-02 | $785,000 | 7724 Princes Hwy | Corunna, NSW |
| 2014-08-18 | $455,000 | 741 Old Hwy | Corunna, NSW |
| 2014-08-11 | $2,425,000 | 121 Mystery Bay Road | Corunna, NSW |
| 2014-04-04 | $320,000 | 186 Ridge Road | Corunna, NSW |
| 2014-02-13 | $435,000 | 50 Brushgrove Lane | Corunna, NSW |
| 2013-12-19 | $376,500 | 64 Brushgrove Lane | Corunna, NSW |
| 2010-11-30 | $499,000 | 62 Brushgrove Lane | Corunna, NSW |
| 2009-11-30 | $420,000 | 741 Old Hwy | Corunna, NSW |
| 2007-07-17 | $595,000 | 861 Old Hwy | Corunna, NSW |
| 2006-12-08 | $550,000 | 861 Old Hwy | Corunna, NSW |
| 2006-09-27 | $955,000 | 7930 Princes Hwy | Corunna, NSW |
No local schools recorded within the suburb boundary.
Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.3 | 14.1 | 30.7 | 28.7 | 87.9 | 3.6 | 25.2 |
| Feb | 2.4 | 13.4 | 27.9 | 36.3 | 91.4 | 3.6 | 21.2 |
| Mar | 3.2 | 11.3 | 24.4 | 42.8 | 94.5 | 3.3 | 17.0 |
| Apr | 1.3 | 7.4 | 21.3 | 42.8 | 94.9 | 2.7 | 13.9 |
| May | 1.1 | 2.4 | 16.4 | 47.7 | 96.9 | 2.5 | 11.0 |
| Jun | 1.8 | 1.4 | 13.3 | 55.8 | 97.4 | 2.8 | 8.9 |
| Jul | 1.1 | 0.6 | 12.7 | 54.4 | 95.9 | 3.8 | 9.5 |
| Aug | 1.4 | 0.6 | 14.0 | 45.3 | 94.7 | 3.6 | 12.6 |
| Sept | 1.8 | 3.1 | 17.8 | 41.0 | 93.8 | 3.6 | 17.0 |
| Oct | 1.8 | 6.2 | 21.4 | 36.9 | 93.0 | 3.5 | 20.7 |
| Nov | 2.1 | 9.5 | 25.4 | 30.9 | 89.1 | 4.3 | 25.0 |
| Dec | 1.9 | 12.4 | 28.6 | 27.9 | 87.8 | 3.6 | 26.6 |
source: Australian Government Bureau of Meteorology
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