Corindi Beach vs Mullaway
Mullaway (median $880,000) is roughly 4% cheaper to buy into than Corindi Beach ($915,000). Over the past year, Corindi Beach (+10.2%) ran 34.8 percentage points ahead of Mullaway (-24.6%) on house-price growth.
Buying in Corindi Beach or Mullaway?
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Corindi Beach and Mullaway side by side
| Measure | Corindi Beach | Mullaway |
|---|---|---|
| Price and market | ||
| Median house | $915,000 | $880,000 |
| Median unit | $285,120 | $285,120 |
| House price change, 12 months | +10.2% | -24.6% |
| Renting | ||
| House rent | $695/wk | $695/wk |
| Unit rent | $550/wk | $550/wk |
| Owner occupied | 70.0% | 72.0% |
| Renter occupied | 26.0% | 28.0% |
| Schools | ||
| Schools nearby | 5 | 6 |
| Average ICSEA | 995 | 992 |
| Lifestyle and people | ||
| Walk score | 12 | 2 |
| Transit score | 0 | 0 |
| Bike score | 50 | 70 |
| Population | 1,802 | 607 |
| Median age | 39 | 40 |
| Climate | ||
| Annual rainfall | 1462 mm | 1561 mm |
| Mean max, January | 28.2°C | 28.0°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Corindi Beach scores higher on walkability (12/100 vs 2/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Corindi Beach (995) sits above Mullaway (992).
- For buyers
- Mullaway is the lower entry point at $880,000 median, 4% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Mullaway delivers the better gross yield (4.11% vs 3.95%), but Corindi Beach has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Corindi Beach edges out on average school ICSEA (995 vs 992).
Corindi Beach vs Mullaway: common questions
Is Corindi Beach or Mullaway cheaper to buy in?
Mullaway has the lower median house price at $880,000, roughly 4% below Corindi Beach ($915,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Corindi Beach or Mullaway?
Over the past 12 months, Corindi Beach grew +10.2% vs -24.6% in Mullaway, a gap of 34.8 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Corindi Beach or Mullaway have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Corindi Beach scores 995 vs 992 in Mullaway. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Corindi Beach or Mullaway?
Corindi Beach scores 12/100 on walkability vs 2/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Corindi Beach or Mullaway?
Gross rental yield on houses is 4.11% in Mullaway vs 3.95% in Corindi Beach. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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