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Bella,
1383 Corinella ROAD Corinella NSW 2871

This property is Off Market

All about Corinella Homes for sale in Corinella


  • Last sold 6/20/2023 for $5,500,000. The Average property price in this area is $424,860, this is based on recent transactions.
  • Internet speed Download 25 Mbps / Upload 5 Mbps
  • Distance to the coast 331.35 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Forbes

With an average age of 40, households expect an average monthly mortgage payment of $1,150 or a weekly rent payment of $175. The average family earns a weekly income of $1,833 with a typical household size of 2.9 and a 99.35% employment rate.

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.


Population

(Country of Birth not stated 6%)

Are people healthy?

There are a recorded 1669 asthma sufferers and 697 people living with diabetes. In addition, 698 people have a heart/vascular condition and 1256 people live with three or more chronic diseases.

A good place to invest in property?

Forbes a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

12 / 100

31 / 100

Industry

08 / 100

22 / 100

Population

05 / 100

19 / 100

House Prices

31 / 100

60 / 100

Jobs

18 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Bedgerabong PS Forbes HS
  • Bedgerabong Public School

    Bedgerabong, NSW, 2871 State K-6


Property Story

Bella, 1383 Corinella Road, Corinella, Nsw, 2871 is a residential property . The estimated distance to the sea is 331.35km and 0.5KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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