Over the last year, property investments in Currumbin, 4223 have given investors a capital gain of 5.09%. This compares favourably with the 1.88% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Currumbin has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Currumbin are currently offering property investors an average price cut of -7.92% below the asking price at the moment.
Residents and property investors in Currumbin have been waiting around 65.23 days to sell a property.
Currumbin, 4223’s gross rental yield is 3.83%
At number 275th in the list of Australian suburbs ordered by increase in median house value over the last year, Currumbin, 4223 is in the top 20% with a property value increase of 12.77% recorded in median house prices.
Currumbin,4223 has offered an average of 12.77% return per annum in house price rises to property investors over the last three years.
Currumbin4223 is located in QLD which offers an average discount of -5.97% to property investors. Currumbin itself is showing figures that indicate -6.99% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Currumbin the average time real estate has been on the market is 90.33 days.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 1.47%, investors should hope to achieve an overall return of 4.89%