Suburb Profile Report for Currumbin Valley QLD (4223)

Currumbin Valley House: Median price $910,000, Annual capital growth 4.02%, Number of sales 13, Weekly median advertised rent $695

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

Source: CoreLogic

  • House Report

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%.

Metrics i HOUSE UNIT
$910,000 N/A
-6.19% N/A
26.39% N/A
4.02% N/A
$695 N/A
13 N/A
3.97% N/A
137 N/A

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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