Corinella, located in the picturesque Bass Coast of Victoria, Australia, offers a unique housing market characterized by its blend of coastal charm and country tranquility. The town's real estate landscape tends to feature a mix of traditional homes, modern builds, and quaint beach houses, providing options for a variety of preferences and budgets. As a desirable getaway for those looking to escape the bustle of city life, Corinella's housing market has experienced stable demand, partly driven by its scenic views of Western Port Bay and proximity to attractions such as Phillip Island and the Gippsland region. Potential buyers and investors often find the market appealing due to the community's quiet atmosphere and the potential for property value appreciation as interest in regional living grows.
Living in Corinella offers residents a harmonious blend of serene natural beauty and community spirit. The lifestyle here is typically relaxed, with stunning coastal landscapes and numerous outdoor activities like fishing, boating, and hiking readily available. The town supports a close-knit community with a small but welcoming population, where locals often gather for events and social activities that foster a friendly environment. Essential amenities, such as shops, cafes, and schools, are accessible without compromising the peace and space that characterizes rural living. The combination of these factors makes Corinella an attractive place for families, retirees, and anyone seeking a quieter life while still being within a reasonable distance of Melbourne for occasional urban excursions.
| Median Weekly Rent | $326.50 |
| Median Monthly Mortgage | $1450.00 |
| Median Persons Per bed houseroom | 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 |
| Typical 1 bed house | $412,000 |
| Typical 2 bed house | $593,000 |
| Typical 3 bed house | $786,000 |
| Typical 4 bed house | $1,057,000 |
| Typical 5 bed house | $1,136,000 |
Housing Stock
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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
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.
Instant Property ValuationBass 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)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 | 17.3 | 34.5 | 21.1 | 72.7 | 4.5 | 27.2 |
| Feb | 2.0 | 16.9 | 31.8 | 28.6 | 77.1 | 4.4 | 23.7 |
| Mar | 2.3 | 13.7 | 28.1 | 32.7 | 83.2 | 4.1 | 19.2 |
| Apr | 1.2 | 8.8 | 23.3 | 39.8 | 90.7 | 3.1 | 15 |
| May | 1 | 4.6 | 18.2 | 48.0 | 95.3 | 2.9 | 12.2 |
| Jun | 1.4 | 2.5 | 14.5 | 60.7 | 97.7 | 2.8 | 9.3 |
| Jul | 1.2 | 1.6 | 13.7 | 59.3 | 97.9 | 2.9 | 9.7 |
| Aug | 1.2 | 1.3 | 15 | 52.8 | 98.2 | 3.2 | 12.3 |
| Sept | 1.5 | 3.6 | 19.5 | 42.7 | 94.9 | 3.6 | 17.2 |
| Oct | 1.4 | 7.6 | 24.3 | 33.1 | 88.3 | 3.7 | 21.7 |
| Nov | 1.6 | 11.5 | 28.1 | 27.2 | 85 | 4.1 | 25 |
| Dec | 1.3 | 14.4 | 31.5 | 22.0 | 76.4 | 4.4 | 28.0 |
source: Australian Government Bureau of Meteorology
| 13-12-2024 | $6,252,999 | 4707 Newell Hwy |
| 25-03-2024 | $8,849,412 | 1102 West Plains Road |
| 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 Road |
| 11-06-2021 | $6,517,699 | 279 West Plains Road |
| 14-05-2021 | $1,002,500 | 838 Corinella Road |
| 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 Road |
| 11-05-2015 | $1,179,449 | 163 Woods Road |
| 21-06-2013 | $898,000 | 1172 Warroo Road |
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