Over the last year, property investments in Currumbin, 4223 have given investors a capital gain of 0.80%. This compares badly with the 2.45% for QLD as a whole.
Over the longer term, Currumbin has seen property prices show investors a 10.64% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Currumbin is offering property investors an average of -6.86. This rate of discount on properties puts Suburb at number 335th in terms of most discounted suburbs in QLD
Residents and property investors in Currumbin have been waiting around 47.72 days to sell a property.
With the median price for a house in Currumbin being $821500 and the advertised rent reaching $660 the gross rental yield for property investors calculates out to be 4.18%
Property value increases in Currumbin have tracked higher than the QLD average of 0.29% over the last 12 months.
The five-year average increase in median property values for Currumbin,4223 has given property investors a potential capital gain of 26.44% across each of those five years.
Property investors looking for a bargain in Currumbin should be aiming for at least -8.64% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Currumbin being $550000 and the advertised rent reaching $435 the gross rental yield for property investors calculates out to be 4.11%