Corrimal, NSW

FAIR VALUE

6,961 sales · 36 years of data · NSW, Australia

$1,060,000
Median (All)
$1,200,000
Median (Houses)
$775,000
Median (Apartments)
7.0%
10yr CAGR
6.4%
36yr CAGR
33.4%
Strata %
36 years of data · 6,961 sales analysed · 2,500+ suburbs · Updated weekly

Corrimal, NSW Property Market Overview

Corrimal, NSW, 2518, is a coastal suburb located in the Illawarra region of New South Wales, south of Sydney. With a substantial 36 years of property sales data, AusPropertyInsights.app provides a detailed analysis of this market. The total recorded sales in Corrimal amount to 6,961, offering a comprehensive historical perspective.

As of early 2026, the median property price in Corrimal is $1,060,000. Breaking it down further, houses have a median price of $1,200,000, while apartments sit at $775,000. Corrimal's property market offers a mix of housing options, appealing to various buyer demographics. Its coastal location and proximity to Wollongong make it a desirable area for both residents and investors.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $983,576
Based on the 10-year compound annual growth rate of 7.0%
Mixed housing33% apartments
67% of sales are houses and other non-strata properties
Loading chart...

Property Mix

67%
33%
Houses 67%$1,200,000Apartments 33%$775,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Corrimal

Street Rankings

Top streets in Corrimal, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Rothery StHouse10$1,162,500
2Meadow StHouse6$1,440,500
3Midgley StHouse10$1,515,000
4Wilga StHouse9$1,075,000

... and 145 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Angel StApartment5$5,959/m²
2Thomas StApartment3$7,379/m²
3Hardie StHouse6$3,360/m²
4Russell StApartment13$6,100/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Wilga StHouse+7.1%
2Girvan CresHouse+10.5%
3Hardie StHouse+6.9%
4Cross StHouse+13.8%

... 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 Analytics

Building-by-building comparison

66
apartment buildings analysed
#AddressSalesMedian$/m²
17 Russell St15$690,000$6,100/m²
244 The Avenue5$1,230,000$5,240/m²
344 Tarrawanna Rd3$985,000$4,690/m²
429 Underwood St3$650,000$5,963/m²

... and 62 more buildings

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
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

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
Risk Indicator

Settlement times & problem streets

51
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

33%
apartments across 66 buildings

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

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149 streets and 66 buildings to explore

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3 street rankings
All 149 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
66 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 6,961 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Corrimal at a Glance

Region
Illawarra
CBD Distance
80km south of Sydney CBD
Train Station
Corrimal Station (South Coast Line)
Council
Wollongong City Council
Property Character
Established residential with a mix of houses and apartments
Community
Families, professionals, and retirees seeking a coastal lifestyle

Corrimal, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Corrimal, NSW

Living in Corrimal offers a blend of coastal charm and convenient amenities. The suburb boasts a range of schools, including Corrimal High School and Corrimal Public School, making it a popular choice for families. Corrimal train station provides easy access to Wollongong and Sydney.

The local shopping centre offers a variety of retail outlets and services. For outdoor enthusiasts, Corrimal Beach and nearby parks like Corrimal Memorial Park provide ample opportunities for recreation and relaxation.

The community in Corrimal is known for its friendly atmosphere and strong sense of local pride. The suburb's coastal location and proximity to both urban centres and natural attractions contribute to its appealing lifestyle.


Who Buys in Corrimal?

The buyer profile in Corrimal is diverse, reflecting the suburb's mix of housing types and lifestyle offerings. The strata percentage of 33.4% suggests a significant proportion of apartment living, potentially attracting first-home buyers and downsizers seeking more manageable properties. The median house price of $1,200,000 may appeal to established families looking for larger homes.

The historical CAGR figures indicate long-term growth, which may attract investors. Corrimal's coastal location and access to amenities also make it attractive to professionals seeking a balanced lifestyle.

Market Analysis

Currently, Corrimal's property market is assessed to be near its long-term trend, indicating fair value. This means that property prices in Corrimal, as of early 2026, align closely with their expected trajectory based on historical data. While the specific trend deviation percentage is reserved for our premium subscribers, the 'fair value' cycle position suggests a market that isn't excessively inflated or depressed.

For potential buyers or sellers in Corrimal, this cycle position implies a more stable market environment. Price fluctuations are likely to be less volatile compared to periods of undervaluation or overvaluation. This stability can provide a degree of confidence for those considering property transactions in Corrimal.


Is Corrimal a Good Investment?

Corrimal's historical growth patterns suggest a suburb with consistent, long-term appreciation. The 10-year CAGR of 7.0% and the full-period CAGR of 6.4% demonstrate a solid track record. Corrimal's location in the Illawarra region and its proximity to both Wollongong and Sydney contribute to its desirability.

Currently, Corrimal's property market is assessed to be near its long-term trend, indicating fair value. This cycle position, combined with historical growth rates, presents a picture of a stable and potentially attractive market. Factors driving property values in Corrimal include its coastal location, access to amenities, and diverse housing options.


Corrimal Market Outlook

As of early 2026, Corrimal's property market is assessed to be near its long-term trend, indicating fair value. Recent price trends reflect a market that is neither significantly overvalued nor undervalued. While specific future predictions are beyond the scope of this analysis, the current cycle position suggests a period of relative stability.

Monitoring key indicators such as sales volumes, interest rates, and local economic conditions will be crucial to understanding the future trajectory of the Corrimal property market.

Streets & Location in Corrimal, NSW

Corrimal, postcode 2518, features a total of 149 streets, each contributing to the suburb's diverse character. Among these, PRINCES HWY, WILGA ST, and FRANCIS ST stand out as streets with higher median property prices. The suburb's location benefits from its coastal setting and access to major arterial roads.

Corrimal's position within the Illawarra region provides residents with a balance of coastal living and proximity to urban amenities. The variety of streets and housing options contribute to the suburb's appeal.

Market Dynamics

The average settlement time for properties in Corrimal is 51 days, indicating a relatively efficient transaction process. This timeframe reflects the typical duration required to complete property sales in the suburb. The quick-flip percentage is not currently available.

Transaction patterns in Corrimal are influenced by a range of factors, including market sentiment, interest rates, and local economic conditions. Monitoring settlement days can provide insights into the overall health and efficiency of the Corrimal property market.

Development & Density

Corrimal features 66 apartment buildings, contributing to the suburb's overall development density. These buildings provide a range of housing options, from smaller units to larger complexes. The presence of apartments alongside traditional houses influences the suburb's character and affordability.

The housing composition in Corrimal reflects a mix of established residential areas and newer developments. This blend of housing types caters to different lifestyle preferences and demographic groups.

Growth & Property Mix

Over the past 10 years, Corrimal has demonstrated a Compound Annual Growth Rate (CAGR) of 7.0%. Looking further back, the 20-year CAGR stands at 5.8%. Across the entire 36-year period of available data, Corrimal's property market has shown a CAGR of 6.4%. These figures reflect the historical performance of property values in Corrimal.

With apartments constituting 33.4% of the property mix, Corrimal offers a blend of housing types. This mix caters to different preferences and budgets, potentially influencing investment strategies.

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.

Frequently Asked Questions about Corrimal, NSW

What is the median property price in Corrimal?
As of early 2026, the median property price in Corrimal is $1,060,000. This includes both houses and apartments, with houses having a median of $1,200,000 and apartments at $775,000.
Is Corrimal overvalued or undervalued?
Currently, Corrimal's property market is assessed to be near its long-term trend, indicating fair value. This suggests that property prices are neither significantly overvalued nor undervalued, as of early 2026.
How has the Corrimal property market performed over 10 years?
The Corrimal property market has shown a Compound Annual Growth Rate (CAGR) of 7.0% over the past 10 years. This reflects the average annual growth in property values over that period.
What percentage of Corrimal is apartments vs houses?
Apartments constitute approximately 33.4% of the property mix in Corrimal. This indicates a significant presence of apartment living alongside traditional houses.
Where is Corrimal in the property cycle?
The Corrimal property market is currently assessed to be near its long-term trend, indicating fair value. This suggests a market that is in equilibrium, as of early 2026.
What schools are near Corrimal?
Corrimal offers a range of schooling options, including Corrimal High School and Corrimal Public School. These schools cater to students from primary to secondary levels.
What is Corrimal like to live in?
Corrimal offers a relaxed coastal lifestyle with convenient access to amenities. Residents enjoy proximity to Corrimal Beach, local shops, and transport options, making it a desirable place to live.
Is Corrimal good for families?
Corrimal can be a good option for families, with its schools, parks, and family-friendly community. The suburb offers a mix of housing options, including houses and apartments, catering to different family sizes and budgets.
How far is Corrimal from Sydney CBD?
Corrimal is approximately 80km south of Sydney CBD. It is accessible by train via the South Coast Line, or by car via the Princes Highway.
What transport options are in Corrimal?
Corrimal is serviced by Corrimal train station on the South Coast Line, providing direct access to Wollongong and Sydney. The suburb is also well-connected by bus routes and major roads, including the Princes Highway.
How does Corrimal compare to nearby suburbs?
Corrimal's median property price of $1,060,000 can be compared to neighbouring suburbs in the Illawarra region. Growth rates may also differ, depending on factors such as local development and demand.
Is Corrimal a good first home buyer suburb?
Corrimal offers a mix of property types, including apartments with a median price of $775,000. This may be an option for first home buyers, though individual financial circumstances should always be considered.
What are the best streets in Corrimal?
While 'best' is subjective, streets with higher median property prices in Corrimal include PRINCES HWY, WILGA ST, and FRANCIS ST. These streets may offer desirable features or locations within the suburb.
How many properties have been sold in Corrimal?
Over the period of data collected, there have been a total of 6,961 recorded property sales in Corrimal.
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