Investment property in Currumbin has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.87%
A 8.26% growth in median value for property investors in Currumbin,4223 puts this suburb at number 279th in terms of best performing suburbs in QLD
At number 197th of QLD’s most discounted properties, Currumbin is in the bottom 30% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.
With the median price for a house in Currumbin being $839000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 4.03%
Over the last year, property investments in Currumbin, 4223 have given investors a capital gain of 24.29%. This compares very favourably with the 0.74% for QLD as a whole.
Comparing Currumbin,4223 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
At number 50th of QLD’s most discounted properties, Currumbin is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $435 and the average annual increase in value of a median property of 4.21%, investors should hope to achieve an overall return of 4.11%