Suburb Profile Report for Currumbin Waters QLD (4223)

Currumbin Waters House: Median price $619,000, Annual capital growth 4.20%, Number of sales 141, Weekly median advertised rent $600

Currumbin Waters Unit: Median price $372,000, Annual capital growth 2.95%, Number of sales 89, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.06% which means that Currumbin Waters, 4223 has done well for property investors by showing a capital gain of 8.12% over the last year

Comparing Currumbin Waters,4223 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Currumbin Waters should be aiming for at least -3.68% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 141 properties changed hands in Currumbin Waters, which puts it as the 140th most active market in QLD when comparing the number of sales per suburb.

Property investors should expect to get $600 weekly from the median priced house in this suburb.

Currumbin Waters has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.92% to date .

Currumbin Waters,4223 has offered an average of 1.92% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Currumbin Waters is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 303th in terms of most discounted suburbs in QLD

The QLD suburb of Currumbin Waters, 4223 is in the Gold Coast local government area.

Metrics i HOUSE UNIT
$619,000 $372,000
4.92% -1.33%
8.12% 1.92%
4.20% 2.95%
$600 $450
141 89
5.04% 6.29%
53.3 47.9

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 8882
Median household income ($/weekly) 1044
Median age of persons 42
Median housing loan repayment ($/monthly) 1950
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1206 13.6
    35-44 years 1261 14.2
    45-54 years 1345 15.1
    55-64 years 1115 12.6
    65-74 years 802 9.0
    Others 3154 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 3304 50.5
    Not Married 2637 40.3
    Defacto Relationship 596 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 6814 81.4
    Greece 61 0.7
    Papua New Guinea 423 5.1
    United Kingdom 557 6.7
    Other 140 1.7
    Others 372 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 111 1.4
    Christianity 5868 73.6
    Hinduism 19 0.2
    Other Religious Groups 27 0.3
    No Religion 1919 24.1
    Others 32 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 399 13.6
    $600-$799 334 11.4
    $800-$999 285 9.7
    $1,000-$1,249 268 9.1
    $1,500-$1,999 395 13.5
    Others 1250 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2485 37.0
    Employed, worked full-time 2271 33.8
    Employed, worked part-time 1392 20.7
    Unemployed, looking for work 309 4.6
    Employed, away from work 253 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 627 16.0
    Technicians & trades workers 725 18.5
    Clerical & administrative workers 611 15.6
    Sales 468 11.9
    Labourers 451 11.5
    Others 1035 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 108 5.6
    Infants/Primary 790 41.0
    Secondary 578 30.0
    Technical or Further Educational Institution 161 8.4
    University or other Tertiary Institutions 225 11.7
    Others 66 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6753 80.3
    Semi-detached, row or terrace house, townhouse 1224 14.6
    Flat, unit or apartment 388 4.6
    House or flat attached to a shop, office 37 0.4
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1249 39.0
    Fully owned 1127 35.2
    Rented 788 24.6
    Other tenure type 41 1.3
    Tenure Type
Census 2011, ABS
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