Thinking about buying in Cornubia? Now could not be a better time, with 4256 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,107,000 with prices in this suburb ranging from $321,000 to $9,487,000. Cornubia is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $467.63 |
Median Monthly Mortgage | $2009.13 |
Median Persons Per Bedroom | 0.74 |
Average Household Size | 3.00 |
Average Age | 38.69 |
Average Income | $937.63 |
Average Cars Per Dwelling | 2.26 |
Average Properties Within 50M | 7 |
1 Bed  $1,244,000 |
2 Bed  $749,000 |
3 Bed  $844,000 |
4 Bed  $1,116,000 |
5 Bed  $1,365,000 |
6 Bed+$1,434,000 |
Consistent high demand relative to supply is a key feature in Cornubia driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Cornubia are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Cornubia provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Cornubia requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Chisholm Catholic College
St Matthew's School
Shailer Park State School
Shailer Park State High School
Carbrook State School
Kimberley College
Eagleby State School
Kimberley Park State School
Loganholme State School
(While the above schools are located with the suburb of Cornubia 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 | 7.9 | 20.4 | 28.1 | 57.4 | 96.2 | 2.5 | 24.2 |
Feb | 2.7 | 20.9 | 29.6 | 52.2 | 92.3 | 3.4 | 23.5 |
Mar | 6.2 | 20.5 | 28.4 | 61.8 | 95.3 | 2.6 | 18.2 |
Apr | 2.9 | 16.2 | 26.2 | 51.4 | 94.7 | 2.1 | 16.2 |
May | 1.9 | 13.3 | 23.2 | 51.1 | 90.3 | 2.2 | 13.7 |
Jun | 1.8 | 11.4 | 21.2 | 53.0 | 91.1 | 2.2 | 12.4 |
Jul | 1.3 | 10.5 | 21.3 | 47 | 91.1 | 2.1 | 13.5 |
Aug | 0.6 | 10.1 | 22.2 | 38.3 | 89.0 | 2.2 | 16.6 |
Sept | 0.8 | 13.3 | 23.4 | 47.9 | 92.2 | 2.7 | 19.4 |
Oct | 3.7 | 15.9 | 25.1 | 54.3 | 94 | 2.7 | 22.1 |
Nov | 0.8 | 18.4 | 27.4 | 48.8 | 88.6 | 3.2 | 27.0 |
Dec | 1.8 | 20.3 | 30.1 | 46.2 | 89.7 | 3.1 | 27 |
source: Australian Government Bureau of Meteorology
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