KORBEL
Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.
Median price
Est.$290,000
Modelled estimate · 2026
Rent yield
Real3.9%
computed from govt data
Annual growth
Real9.0%
annualised from govt data
Vacancy rate
Est.1.4%
modelled estimate
AI insights for KORBEL
Investment analysis, risks & comparisons
KORBEL shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
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Median rent
$220/wk
WA Bond Authority · Mar 2026
Demand change
+9.4%
annual shift
Yield × growth index
6.5
combined signal
Net yield (est.)
7.61%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+6.2%
est. compound, long-run avg
10-yr growth (CAGR)
+3.5%
est. compound, long-run avg
Rental demand
64 / 100
Strong demand
Supply pipeline
Est.0.7%
new dwellings approved / stock · Modelled estimate
Low supply pressure
Market overview
KORBEL is a WA suburb offering moderate rental yield and strong price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.
Highlights
- Rental yield 3.9% with stable tenant demand
- High annual growth of 9.0% — outperforming state average
- Very low vacancy rate — high rental demand
- Access to national transport network and amenities
Risk factors
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$1,396/wk
$45k taxable p.a.
Renters
30.8%
63.7% owner-occupier
Median age
40.0 yrs
Unemployment
5.3%
Population growth
+1.2% p.a.
Investor-owned
13.0%
of all dwellings (ATO)
Houses
78%
6% apartments
Degree qualified
11.2%
bachelor's or higher (ABS)
Work from home
12.0%
of employed residents (ABS Census)
Median lot size
2.9 ha
Large block
Household size
2.6 persons
avg per dwelling (ABS Census)
Short-term rental
3.2%
Some Airbnb activity
Market activity
Distance to CBD
235.7 km
Regional
Days on market
35 days
Normal turnover
Auction clearance
24.3%
Buyer's market
Walkability
22 / 100
Some errands walkable
Coastal proximity
235.6 km
Inland
NBN technology
FTTNStandard — fibre to node
Population density
142/km²
Low density
Schools in postcode 6415
🏫Primary (1)
Catholic · Yrs PP-6 · Outer Regional
📚Combined (1)
Government · Yrs K-12 · Outer Regional
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
Safety index
Moderate11.6 offences / 100 persons
Source: WA Police · 2024-25 (district)
School quality
Average2 schools in postcode area
Source: ACARA My School 2025
Transit access
Car-dependentSource: State GTFS feeds
Gentrification signal
11
/ 100
Established suburb with stable demographics. Consistent demand but lower gentrification upside.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
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