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Suburb Insights · NSW 2518

Corrimal, NSW 2518 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Corrimal is a coastal suburb in New South Wales, Australia, with a population of approximately 6,972, making it a smaller community. Located approximately 63 km from the Sydney CBD, Corrimal is a coastal area in New South Wales. The median household income is $78,416 per year.

Investment Score

50 / 100 Moderate

Moderate income levels in Corrimal indicate steady rental demand from working households. Coastal lifestyle appeal adds a premium that supports long-term demand.

Location

Sydney
Corrimal
New South Wales · 2518
63 km from Sydney CBD
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Key Indicators

Postcode
2518

Official Australia Post postcode for Corrimal. A postcode may cover multiple suburbs.

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Population
6,972

Usual resident population at the most recent census.

Median weekly rent
$365/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$78,416/yr

Annual median household income (before tax) across all households.

Distance to CBD
63 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb.

Median monthly mortgage
$2,167/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
55% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Corrimal

Who Corrimal Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRental coverage trails the state average.
🏡First-home buyersEntry costs sit at or below the New South Wales median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the New South Wales median, improving cash-flow margins.
  • Local parks and reserves (around 3) add to liveability.
  • Solid transport links into employment hubs.

Cons

  • Long distance to the CBD (63 km) — plan for commute time or local employment.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

Corrimal's population of 6,972 sits 31% above the New South Wales suburb median of 5,325, giving it a wider tenant and buyer catchment than the average NSW locality. Household income of $78,416/year is 20% below the New South Wales median of $97,552, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $365/week (73% coverage of the $2,167/month median mortgage) leaves a gap of roughly $585/month that a typical investor bridges with negative gearing, depreciation and capital growth. Corrimal is 63 km from Sydney, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 55% of dwellings are separate houses (vs 76% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Investment Tip

This suburb can suit investors targeting renter demand driven by lifestyle. Insurance, climate risk, and seasonal rental patterns all warrant a close look. Local rents consume roughly 24% of household income — a useful sanity check on tenant affordability.

Corrimal vs New South Wales Median

How Corrimal stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Corrimal sits above the state median; negative means below.

MetricCorrimalNSW medianΔ vs state
Population6,9725,325+31%
Median household income$78,416/yr$97,552/yr-20%
Median rent (weekly)$365$430-15%
Median mortgage (monthly)$2,167$2,1670%
Distance to CBD63 km45 km+40%
Separate houses55%76%-21pp

Investor Checklist

Pre-inspection briefing for Corrimal — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Corrimal's 6,972-person market and $78,416 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

⚠️
Rental Yield

Moderate rental coverage: rent of $365/week covers 73% of a $2,167/month mortgage, leaving a $585/month gap that an investor bridges with equity, depreciation and tax benefits.

Renovation / Flip

Only 55% of dwellings are separate houses (vs 76% NSW median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Corrimal property

Full Property Analysis

30-year projections for Corrimal

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Capital-growth expectations for Corrimal are modest for 2026 — incomes 20% below the NSW median of $97,552 suggest gains will lag headline metro markets. Rental coverage runs at ~73% of the typical mortgage ($1,582/month rent vs $2,167/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 50/100 places Corrimal in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Corrimal a good suburb for investment?

Corrimal scores 50/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 6,972, median household income of $78,416/year and median weekly rent of $365. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Corrimal?

The main demand drivers in Corrimal are a median household income of $78,416/year, a dwelling mix that is 55% separate houses, roughly 2 schools and 3 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Corrimal?

Corrimal has a usual resident population of approximately 6,972, compared with a New South Wales suburb median of 5,325 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Corrimal from the Sydney CBD?

Corrimal sits 63 km straight-line from the Sydney CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Corrimal?

The most recent census recorded a median weekly rent of $365 in Corrimal, equating to approximately $18,980/year in gross rental income (state median $430/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Corrimal?

The median monthly mortgage repayment in Corrimal is $2,167, or approximately $26,004/year (vs $2,167/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Corrimal cash-flow positive for investors?

A median weekly rent of $365 works out to $1,582/month, covering 73% of the median mortgage repayment of $2,167/month. That leaves a $585/month shortfall (around $7,020/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Corrimal?

The main risks are interest-rate sensitivity on the $2,167 median mortgage, below-median household incomes ($78,416 vs $97,552 state median), the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Corrimal profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

New South Wales Property Resources