Coraki
At $410,000, the median house price in Coraki sits well below the NSW state average, yet the suburb tells a more complex story than pure affordability. Household income is in the 16.3rd percentile nationally, meaning most residents earn considerably less than average Australians, which keeps mortgage stress manageable at 26.8% of income. The population of 1,373 is aging, with a median age of 46 compared to 38 nationally, a gap of 8 years. Car dependence runs at 93%, reflecting limited public transport access. Healthcare anchors the local economy at 28.2% of all employment, well above most comparable rural towns.
Population
1,373
Median Age
46.0
Household IncomeiMedian weekly household income (ABS Census)
$1,072/wk
DAs (12 months)iDevelopment Applications lodged in the past year
12
Median House
$410K
2024-2025 (PSI derived)
The $410,000 median house price makes Coraki accessible compared to broader NSW markets, and the 21.4% price rise from $385,000 in 2024 to $467,500 in 2025 shows meaningful capital growth over one year. Monthly mortgage repayments average $1,246, producing a mortgage-to-income ratio of 26.8%, below the 30% stress threshold. The stock is almost entirely separate houses at 96.2%, with apartments at just 0.9%, so buyers face very little competition from high-density alternatives. Three-bedroom homes are the dominant dwelling type at 51.5%, followed by 4-plus bedroom homes at 30.9%. Outright owners represent 48.3% of residents, a high share indicating a well-established, low-debt ownership base. Buyers seeking detached housing at a price point below the state median will find few comparable options at this affordability level.
For Buyers
The $410,000 median house price makes Coraki accessible compared to broader NSW markets, and the 21.4% price rise from $385,000 in 2024 to $467,500 in 2025 shows meaningful capital growth over one year. Monthly mortgage repayments average $1,246, producing a mortgage-to-income ratio of 26.8%, below the 30% stress threshold. The stock is almost entirely separate houses at 96.2%, with apartments at just 0.9%, so buyers face very little competition from high-density alternatives. Three-bedroom homes are the dominant dwelling type at 51.5%, followed by 4-plus bedroom homes at 30.9%. Outright owners represent 48.3% of residents, a high share indicating a well-established, low-debt ownership base. Buyers seeking detached housing at a price point below the state median will find few comparable options at this affordability level.
For Investors
Rental demand in Coraki is thin: only 17.9% of households rent, compared to higher rates in most regional NSW towns, and the vacancy rate is elevated at 7.1%, signalling limited competition for tenanted properties. Weekly rent averages $300, which against the $410,000 median implies a gross yield near 3.8%. Development activity is low at 11 applications over 12 months, mostly dwelling additions and sheds rather than new supply, so stock levels are not expanding. The 78.6% resident stability rate, meaning most residents have not moved in the past five years, suggests low tenant turnover once a property is rented. The investment case depends on continued price growth following the 21.4% rise recorded over the past year, rather than yield, because the renter pool is small relative to the broader regional market.
Development Activity
Total DAs
58
Last 12 Months
12
YoY ChangeiYear-over-year change in DA lodgements
+300.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Coraki iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Joseph's Primary School
K-6 · 52 students
Coraki Public School
K-6 · 26 students
Demographics
The median age of 46 is 8 years above the national figure of 38, placing Coraki firmly in an aging demographic profile. University qualifications stand at 9.5%, which is 20.6 percentage points below the national average, consistent with a trade and labourer-heavy workforce. The overseas-born share is 6.3%, sitting 15.3 points below the national average of around 30%, reflecting a predominantly locally-born population. English ancestry leads at 542 residents, followed by Irish (167) and Scottish (114), giving the suburb an Anglo-Celtic character. Average household size is 2.5, matching the national figure. Couples with children (287 households) slightly outnumber couples without children (255), though the aging trend suggests this balance will shift over time.
Age Distribution
Bedrooms
Dwelling Structure
96.2%
Houses
2.0%
Townhouse
0.9%
Apartment
Tenure
Ownership tenure is notably high: 48.3% of residents own their home outright, almost double the share carrying a mortgage at 33.9%, and renters make up just 17.9%. This concentration of outright owners reflects the older median age of 46 and the affordable price point, which allowed earlier buyers to pay off loans at lower absolute amounts than in city markets. Separate houses account for 96.2% of dwellings, far above national averages. The price moved from $385,000 in 2024 to $467,500 in 2025, a 21.4% rise, though only two data points are available, so this should be interpreted cautiously. The 7.1% vacancy rate is elevated relative to tight rental markets elsewhere in regional NSW, which may reflect seasonal or economic factors rather than structural oversupply.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,246
Rent / wk
$300
HH Size
2.5
Personal Income / wk
$513
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
7.1%
Unoccupied
35
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
28.0%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
26.8%
Community Profile
Ancestry
Household Composition
28.1%
Couples, no children
906
Total families
Economy & Employment
Healthcare dominates local employment at 28.2% of all workers (74 people), which is disproportionately high and typically indicates a community with an older population requiring care services. Construction follows at 10.3% and Education at 9.9%, with Public Administration (8.0%) and Retail (7.6%) rounding out the top five. By occupation, Labourers (99 workers) are the single largest group, ahead of Community and Personal Service Workers (76) and Professionals (47). The unemployment rate is 7.2%, above the national average, and full-time employment participation is 40.9%, indicating a significant share of the working-age population is outside the labour force. Household income in the 16.3rd percentile nationally confirms Coraki earns less than roughly 84% of Australian households.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
57.1%
Part-time
35.7%
Participation
40.9%
Employed
438
Occupations
Top Industries
University
9.5%
Postgraduate
1.2%
Born Overseas
6.3%
Dwellings
449
Transport to Work
Car travel is the near-universal transport mode in Coraki, with 93.0% of residents driving to work, and no public transport data is available, which reflects the rural location in the Richmond Valley. Volunteering participation sits at 13.0% of residents, below the national average, while 10.3% of residents (121 people) require daily assistance, above the typical rate for younger communities, consistent with the aging median age of 46. Rent-to-income at 28.0% and mortgage-to-income at 26.8% are both below the 30% stress threshold, suggesting households are not financially overextended relative to their incomes. No schools are recorded within the suburb boundary in this dataset, so families typically access schools in nearby Richmond Valley council areas. The 3.8% who walked or cycled to work is a minor but notable share for a rural community of this size.
Drive
93.0%
Public Transport
N/A
Walk / Cycle
3.8%
Work from Home
N/A
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Coraki compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Coraki a good suburb to live in?
Coraki suits buyers who prioritise affordability and low housing stress over amenity and income levels. The $410,000 median is well below the NSW average, and mortgage repayments take 26.8% of income, below the 30% stress threshold. The main trade-offs are a median age of 46 (8 years above national), household income in the 16.3rd percentile, and car-dependent transport with 93% of residents driving.
What is the median house price in Coraki?
The median house price is $410,000 (2024-2025 period), which is significantly below the NSW state median. Prices rose from $385,000 in 2024 to $467,500 in 2025, a 21.4% increase. Monthly mortgage repayments average $1,246, and weekly rent is $300.
What schools are in Coraki?
No schools are recorded within the Coraki suburb boundary in this dataset. Families in this rural Richmond Valley community, population 1,373, typically access primary and secondary schools in neighbouring localities. University qualifications among residents stand at 9.5%, which is 20.6 percentage points below the national average.
Is Coraki safe?
Detailed crime statistics are not available for Coraki in this dataset. As a contextual indicator, household income sits in the 16.3rd percentile nationally and unemployment is 7.2%, both above typical rates for low-crime communities. The 78.6% resident stability rate, with most residents not having moved in the past 5 years, suggests a settled community.
Is Coraki good for property investment?
The price growth of 21.4% in one year from $385,000 to $467,500 is attractive, but the rental market is thin with only 17.9% of households renting and a vacancy rate of 7.1%. Weekly rent of $300 against a $410,000 median implies a gross yield near 3.8%. Returns depend more on continued capital growth than yield, given the small renter pool.
How is Coraki's population changing?
Coraki has a population of 1,373 with a median age of 46, which is 8 years above the national figure of 38. The high outright ownership rate of 48.3% and resident stability of 78.6% indicate a long-settled community with low turnover. The aging profile and limited development activity (11 applications in 12 months) suggest slow natural population growth.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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