Corrimal is an affordable Wollongong suburb with strong community character, good local schools and a short drive to Wollongong Beach and the Escarpment. Tight rental vacancy and strong demand from University of Wollongong students make it a solid investment option. At the current $850k median house price, an 80% loan at 6.25% over 30 years is about $4,187 per month.
| Median house price | $850,000 |
|---|---|
| Median unit price | $540,000 |
| Estimated monthly repayment | $4,187 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 4.2% |
| Gross rental yield | 3.8% |
| Typical days on market | 28 |
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