Corindi Beach at a glance
1,801
People
$915,000
Median sale
$732/wk
Median rent
4.16%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
NSW › Corindi Beach › Burns Cres
$699,000
Last sold
24 Mar 2023
5
Bedrooms
3
Bathrooms
3
Car spaces
671 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$699,000
24 Mar 2023 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Corindi Beach (last 5 years) with land size have a median of $1,371/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Corindi Beach at a glance
1,801
People
$915,000
Median sale
$732/wk
Median rent
4.16%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Corindi Beach
-23.6%
Median sale
Suburb $915,000
+1.29 pp
Gross yield
Suburb 4.16%
Suburb median $915,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $732/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Corindi Beach at a glance
1,801
People
$915,000
Median sale
$732/wk
Median rent
4.16%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Vision Property SalesOffering well-established gardens and close-proximity to a stunning beach, this unique coastal property is sure to surprise!
The home offers 3 good sized bedrooms, a functional kitchen, and a cosy air-conditioned living area, positioned to capture the cool ocean breezes that flow in from the south.
Fans are installed in every room throughout the home for those extra warm days, or for the new homeowners wishing to minimise their power bills. The double carport at the front of the property meets a single lock up garage, with the laundry, extra toilet and a shower within.
The addition of a large span-line enclosure, spanning the full width of the home to the rear, offers unlimited opportunities for extra living area, dining or a games room. Currently the 4th bedroom is set up at one end, with its very own kitchenette and dining space, with access to a separate shower and toilet.
This room has been rented in the past for an extra source of income but would also make an ideal room for a teenager's retreat with its own separate access.
The immaculately presented lawn and gardens that surround the property compliment the colorbond shed at the rear of the block, currently used as a self-contained studio/flat, which again has been used for an extra source of income with the current high demand, and lack of rental opportunities in the local area.
Whether you are looking to move in with a large family, or looking to invest, this property offers loads of opportunity, located only 400m from the beach.
For more information or to book a private inspection, call Grant Vines today on 0422 013 765
Land size: 672 sqm approx.
NBN: yes
Council Rates: 2941 annually
Year Built: 1994 Approx.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Grant Vines, Vision Property Sales — reproduced as published, not verified by Districts.