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Corunna
NSW, 2546 - Eurobodalla

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

Household Makeup

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

Housing Stock

Average Property Prices

1 Bed  $900,000
3 Bed  $966,000
4 Bed  $1,031,000
6 Bed+$656,000

Corunna Real Estate Market Outlook

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.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Corunna 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.

Corunna weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.314.130.728.787.93.625.2
Feb2.413.427.936.391.43.621.2
Mar3.211.324.442.894.53.317.0
Apr1.37.421.342.894.92.713.9
May1.12.416.447.796.92.511.0
Jun1.81.413.355.897.42.88.9
Jul1.10.612.754.495.93.89.5
Aug1.40.614.045.394.73.612.6
Sept1.83.117.841.093.83.617.0
Oct1.86.221.436.993.03.520.7
Nov2.19.525.430.989.14.325.0
Dec1.912.428.627.987.83.626.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

01-10-2021 $6,420,000 9 MYSTERY BAY RD
18-12-2020 $1,050,000 68 BRUSHGROVE LANE
11-06-2020 $660,000 148 RIDGE RD
25-01-2019 $725,000 15 MYSTERY BAY RD
24-08-2018 $520,000 16 RIDGE RD
03-07-2018 $1,200,000 947 OLD HWY
19-02-2018 $285,000 132 RIDGE RD
18-09-2017 $900,000 7930 PRINCES HWY
31-01-2017 $475,000 66 BRUSHGROVE LANE
14-10-2016 $4,400,000 853 OLD HWY
26-02-2016 $976,000 861 OLD HWY
02-02-2015 $785,000 7724 PRINCES HWY
18-08-2014 $455,000 741 OLD HWY
11-08-2014 $2,425,000 121 MYSTERY BAY RD
04-04-2014 $320,000 186 RIDGE RD
13-02-2014 $435,000 50 BRUSHGROVE LANE
19-12-2013 $376,500 64 BRUSHGROVE LANE
30-11-2010 $499,000 62 BRUSHGROVE LANE
30-11-2009 $420,000 741 OLD HWY
17-07-2007 $595,000 861 OLD HWY
08-12-2006 $550,000 861 OLD HWY
27-09-2006 $955,000 7930 PRINCES HWY

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Mystery BayCentral TilbaNaroomaAkoleleNorth NaroomaTilba TilbaWallaga LakeWallaga LakeKiangaDignams Creek


General Points of Interest

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