Suburb Profile Report for Currumbin Waters QLD (4223)

Currumbin Waters House: Median price $580,000, Annual capital growth 4.19%, Number of sales 136, Weekly median advertised rent $570

Currumbin Waters Unit: Median price $335,000, Annual capital growth 3.07%, Number of sales 98, Weekly median advertised rent $398

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 2.65% for the last 12 months, Currumbin Waters, 4223 has performed for property investments than its average annual 4.19% property growth over the last 5 years.

A 13.28% growth in median value for property investors in Currumbin Waters,4223 puts this suburb at number 591th in terms of best performing suburbs in QLD

Sellers are offering property buyers an average discount of -4.37% to buyers in Currumbin Waters at the moment, which is less than average for the rest of QLD.

Often selling an investment property can take time, and in Currumbin Waters the average time real estate has been on the market is 50.24 days.

Currumbin Waters, 4223’s gross rental yield is 5.11%

Property investors who have had real estate in Currumbin Waters, 4223 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.96%

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

Currumbin Waters, 4223 is offering QLD ‘s 295th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.

In the last year 98 properties changed hands in Currumbin Waters, which puts it as the 101th most active market in QLD when comparing the number of sales per suburb.

Currumbin Waters, 4223’s gross rental yield is 6.17%

HOUSE UNIT
$580,000 $335,000
-0.85% -1.47%
2.65% -4.96%
4.19% 3.07%
$570 $398
136 98
5.11% 6.17%
50.24 48.24

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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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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