Corrimal at a glance
7,197
People
$1,405,000
Median sale
$698/wk
Median rent
2.58%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
NSW › Corrimal › Francis St
3
Bedrooms
1
Bathrooms
1
Car spaces
973 m²
Land
165.7 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Corrimal (last 5 years) with land size have a median of $1,997/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Corrimal at a glance
7,197
People
$1,405,000
Median sale
$698/wk
Median rent
2.58%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
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 $698/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
Corrimal at a glance
7,197
People
$1,405,000
Median sale
$698/wk
Median rent
2.58%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker WollongongWe're excited to share this new-to-market opportunity in the highly sought-after suburb of Corrimal, a family-friendly location that perfectly blends a strong sense of community with unbeatable convenience. This spacious three-bedroom home sits on a generous 968sqm block and presents the ideal setting for relaxed, comfortable living. With its versatile floor plan and well-maintained features, it's ready to move in as is, while also offering the flexibility to renovate or reimagine down the track.
What truly sets this property apart is its future potential. The large block offers exciting development possibilities, including the option to subdivide (STCA), making it a smart choice for savvy buyers, developers, or those looking to add long-term value in a high-demand area.
Currently leased with a fantastic rental history, the property allows you to enjoy a secure investment from day one while taking the time to plan future improvements or development.
Conveniently positioned within walking distance to schools, parks, and local shops, the home is also close to CBD transport and just minutes from Corrimal Beach, delivering a fantastic lifestyle opportunity in one of the Illawarra's most desirable suburbs.
If you're looking to unlock potential in a well-located property with future upside, don't miss this opportunity. Contact Martin Merritt today 0412 424 226 to find out more or arrange a private inspection.
Features; 3 bedrooms, open living, neat bathroom and kitchen, lock up garage and storage.
Listing description written by Martin Merritt, LJ Hooker Wollongong — reproduced as published, not verified by Districts.