Property investors who have had real estate in Currumbin Valley, 4223 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 26.39%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Currumbin Valley has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Currumbin Valley, 4223. Typically our figures indicate that -10.68% is being offered, which puts this QLD suburb at 243th most discounted overall in Australia.
At number 3509 in a list of fastest selling suburbs, Currumbin Valley is in the bottom 10% of suburbs in Australia with an average of days on market 137 for properties listed there.
A $695 per week rent on the median house gives suburb investors a gross yield of circa 3.97%, without taking into account capital value appreciation, which has been averaging out at 4.02%.