Suburb Profile Report for Currumbin Waters QLD (4223)

Currumbin Waters House: Median price $608,000, Annual capital growth 4.12%, Number of sales 151, Weekly median advertised rent $590

Currumbin Waters Unit: Median price $385,000, Annual capital growth 3.58%, Number of sales 96, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 5.74% for the last year, Currumbin Waters, 4223 is the 1815th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Currumbin Waters has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Currumbin Waters should be aiming for at least -3.96% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Currumbin Waters have been waiting around 56 days to sell a property.

QLD has seen average median house prices change by 1.12% which means that Currumbin Waters, 4223 has done well for property investors by showing a capital gain of 8.60% over the last year

Taking the average capital gain, or increase in median house value, Currumbin Waters,4223 has racked up an average of 8.60% over the period. This ranks it number 332th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -3.12% to buyers in Currumbin Waters at the moment, which is less than average for the rest of QLD.

HOUSE UNIT
$608,000 $385,000
3.93% 6.94%
5.74% 8.60%
4.12% 3.58%
$590 $430
151 96
5.05% 5.81%
56 49.05

Source: CoreLogic

DSR Score for property investment : Very 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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Recent sales & rentals