Corlette, NSW
FAIR VALUE5,954 sales · 36 years of data · NSW, Australia
Corlette, NSW Property Market Overview
Corlette, postcode 2315, is a charming coastal suburb located in New South Wales, offering a relaxed lifestyle and stunning natural beauty. With 36 years of recorded property data, our analysis covers a substantial period, revealing valuable insights into its market dynamics. The total number of recorded sales in Corlette stands at 5,954, reflecting a consistently active property market.
As of early 2026, the current median property price (all types) in Corlette is $1,170,000. Houses command a median of $1,200,000, while apartments sit at $772,500. These figures highlight the diverse range of property options available in Corlette, catering to a variety of budgets and preferences. The suburb's coastal location and established community contribute to its enduring appeal, making it a sought-after destination for both owner-occupiers and investors.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Corlette
Top streets in Corlette, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Spinnaker Way | $1,010,000 |
| 2 | Sandy Point Rd | $1,250,000 |
| 3 | Albacore Dr | $967,500 |
| 4 | Seagrass Cct | $1,078,900 |
... and 112 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Mulubinda Pde | $3,365/m² |
| 2 | Albacore Dr | $2,364/m² |
| 3 | Wulung St | $2,732/m² |
| 4 | Warruga St | $3,587/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Bagnall Beach Rd | +8.4% |
| 2 | Sandy Point Rd | +9.9% |
| 3 | Wulung St | +11.0% |
| 4 | Bagnall Beach Rd | +9.5% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Corlette analysis
116 streets and 15 buildings to explore
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Corlette at a Glance
Corlette, NSW
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Local Amenities
Living in Corlette, NSW
Living in Corlette offers a relaxed coastal lifestyle with access to beautiful beaches and natural surroundings. The suburb is known for its friendly community and peaceful atmosphere. Families are drawn to Corlette for its excellent schools, including Corlette Public School and nearby Nelson Bay High School.
Residents enjoy convenient access to shopping centres such as Salamander Bay Shopping Centre, which provides a range of retail and dining options. For outdoor recreation, there are numerous parks and reserves, including the popular Bagnalls Beach Reserve. While there isn't a train station directly in Corlette, regular bus services connect the suburb to nearby transport hubs. The overall vibe of Corlette is one of tranquility and community, making it an appealing place to call home.
Who Buys in Corlette?
The buyer profile in Corlette is diverse, attracting a mix of families, downsizers, and professionals. The presence of quality schools makes it a popular choice for families with children. Downsizers are drawn to Corlette for its relaxed lifestyle and smaller property options, such as apartments, which account for 8.0% of the market. The median property prices, with houses at $1,200,000 and apartments at $772,500, suggest a mix of affordability and premium options. The historical CAGR of 9.9% over the past 10 years may also attract investors seeking long-term growth.
Market Analysis
The property market in Corlette is currently assessed to be near its long-term trend, indicating fair value. This suggests that property prices in Corlette are aligned with historical growth patterns, reflecting a balanced market. The cycle position provides a valuable benchmark for understanding the current state of the Corlette property market.
Understanding the cycle position allows potential buyers and sellers to make informed decisions based on the suburb's performance. A market near its long-term trend typically signifies a stable environment, where prices are neither excessively inflated nor significantly depressed. This stability can provide confidence for those looking to enter or exit the Corlette property market.
Is Corlette a Good Investment?
Corlette's historical growth patterns suggest a consistently performing property market. The 10-year CAGR of 9.9% and the full-period CAGR of 6.4% demonstrate its long-term potential. The current market position, assessed to be near its long-term trend (fair value), indicates a balanced market.
Properties in Corlette benefit from the suburb's desirable coastal location and community atmosphere. These factors contribute to the sustained demand and value appreciation. The mix of houses and apartments caters to a broad range of buyers, further supporting the market's stability. As of early 2026, Corlette presents a stable option for prospective buyers.
Corlette Market Outlook
As of early 2026, the property market in Corlette is assessed to be near its long-term trend, suggesting fair value. Recent price trends indicate a stable market, reflecting a balance between supply and demand. While fluctuations are always possible, the current conditions point towards a continued period of steady performance. The market's position relative to its long-term trend provides a valuable indicator for understanding its current state.
Streets & Location in Corlette, NSW
Corlette, within the 2315 postcode, boasts several desirable streets contributing to its overall appeal. Among the top streets by median price are SERGEANT BAKER DR, BAGNALL BEACH RD, and SEAGRASS CCT. The suburb comprises a total of 116 streets, each offering unique characteristics and contributing to the diverse character of Corlette. Its coastal location provides residents with easy access to beaches and waterways, enhancing the suburb's desirability. The premium streets often offer stunning views and larger block sizes, further driving up property values in those areas.
Market Dynamics
The average settlement time for properties in Corlette is 48 days, indicating a relatively efficient transaction process. This timeframe suggests a smooth and organised market, where deals are typically finalised without significant delays. Investor activity data is not available, however, the quick-flip percentage is N/A. The settlement timeframe provides insights into the overall efficiency and liquidity of the Corlette property market.
Development & Density
Corlette has a moderate development density, characterised by a mix of houses and apartments. There are 15 apartment buildings in Corlette, contributing to the diversity of housing options available. The suburb's housing composition reflects a balance between established residential areas and newer developments. The presence of apartment buildings caters to those seeking lower-maintenance living, while houses provide more space and privacy. The development density in Corlette contributes to its overall character and appeal.
Growth & Property Mix
Historically, Corlette has demonstrated solid growth in property values. Over the past 10 years, the suburb has seen a Compound Annual Growth Rate (CAGR) of 9.9%. Looking further back, the 20-year CAGR stands at 5.3%, while the full-period CAGR (36 years) is 6.4%. These figures provide a long-term perspective on Corlette's property market performance. The property mix in Corlette includes both houses and apartments, with strata title apartments accounting for 8.0% of the market.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.