2. NSW
  3. Richmond Valley

Houses Units

Here you can find what you need to know about Coraki, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$403K Median Sale Price (National Average $485k) 1340th In NSW
18.38% Median Sale Price Change (1yr) (National Average 4.30%) 134th In NSW
$460pw Median Rent (National Average $395) 1103rd In NSW
5.9% Median Gross Yield (National Average 4.24%) 21st In NSW
Properties sold 30
Average discounting -6.58%
Average Days on Market 77
Stock on Market 25 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Coraki, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Coraki, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Coraki, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Coraki


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Coraki, NSW 2471

Part of: Richmond Valley Council No data available

The size of Coraki is approximately 28.1 square kilometres. It has 2 parks covering nearly 2.3% of total area. The population of Coraki in 2011 was 1,477 people. By 2016 the population was 1,286 showing a population decline of 12.9% in the area during that time. The predominant age group in Coraki is 10-19 years. Households in Coraki are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coraki work in a labourer occupation. In 2011, 71.8% of the homes in Coraki were owner-occupied compared with 71.3% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Coraki

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Coraki   for Houses in last 12 months


There have been 30 Houses sold in Coraki in the past 12 months with a median sale price of $403K, up 18.4% annually. It takes on average 56 days to sell with vendor discounting of -6.6%.

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Coral Cove QLD, 4670 13.84% $777,500 $650pw 4.3% View Suburb Profile
Warilla NSW, 2528 11.30% $800,000 $600pw 3.9% View Suburb Profile
Bayswater North VIC, 3153 4.55% $885,000 $580pw 3.4% View Suburb Profile
Coramba NSW, 2450 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Edwardstown SA, 5039 20.55% $880,000 $570pw 3.4% View Suburb Profile
Casino NSW, 2470 6.36% $460,000 $480pw 5.4% View Suburb Profile

Currency

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