Suburb Profile Report for Currumbin Valley QLD (4223)

Currumbin Valley House: Median price $782,500, Annual capital growth 5.05%, Number of sales 21, Weekly median advertised rent $650

Currumbin Valley Unit: Median price $375,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Currumbin Valley is in the bottom 30% in QLD when comparing median price capital growth over the last year. Currumbin Valley gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.49%.

While Currumbin Valley,4223 ranked number 41th in QLD for increase in median house value (annualised) increase, it is ranked 673th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Currumbin Valley is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 132th in terms of most discounted suburbs in QLD

Currumbin Valley, 4223’s gross rental yield is 4.32%

The five-year average increase in median property values for Currumbin Valley,4223 has given property investors a potential capital gain of -7.41% across each of those five years.

Property investors looking for a bargain in Currumbin Valley should be aiming for at least -10.40% off the asking price, which is the average vendor discount being achieved at the moment.

HOUSE UNIT
$782,500 $375,000
8.68% N/A
-4.49% N/A
5.05% N/A
$650 N/A
21 13
4.32% N/A
161.13 129.36

Source: CoreLogic

DSR Score for property investment : Very good (U), Above average (H)
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Demographics
Total population 1710
Median household income ($/weekly) 1415
Median age of persons 42
Median housing loan repayment ($/monthly) 2383
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 233 13.6
    35-44 years 257 15.0
    45-54 years 308 18.0
    55-64 years 249 14.6
    65-74 years 147 8.6
    Others 516 30.2
    Age Group
    Census Count Percent(%)
    Registered Married 692 54.7
    Not Married 429 33.9
    Defacto Relationship 145 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1363 83.0
    Papua New Guinea 48 2.9
    United Kingdom 107 6.5
    United States of America 15 0.9
    Other 39 2.4
    Others 71 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 2.0
    Christianity 1022 65.1
    Judaism 9 0.6
    Other Religious Groups 6 0.4
    No Religion 497 31.7
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 49 9.8
    $1,000-$1,249 48 9.6
    $1,500-$1,999 68 13.5
    $2,000-$2,499 67 13.3
    $2,500-$2,999 46 9.2
    Others 224 44.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 455 34.7
    Not in the labour force 441 33.6
    Employed, worked part-time 317 24.2
    Unemployed, looking for work 58 4.4
    Employed, away from work 40 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 122 15.0
    Professionals 182 22.4
    Technicians & trades workers 140 17.2
    Community & personal service workers 83 10.2
    Clerical & administrative workers 120 14.7
    Others 167 20.5
    Occupation
    Census Count Percent(%)
    Pre-school 30 7.2
    Infants/Primary 156 37.4
    Secondary 131 31.4
    Technical or Further Educational Institution 24 5.8
    University or other Tertiary Institutions 57 13.7
    Others 19 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1635 99.0
    Semi-detached, row or terrace house, townhouse 10 0.6
    Improvised home, tent, sleepers out 4 0.2
    Caravan, cabin, houseboat 3 0.2
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 247 43.3
    Being purchased 216 37.9
    Rented 101 17.7
    Other tenure type 6 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals