Suburb Profile Report for Currumbin QLD (4223)

Currumbin House: Median price $815,000, Annual capital growth 3.63%, Number of sales 24, Weekly median advertised rent $610

Currumbin Unit: Median price $480,000, Annual capital growth 1.87%, Number of sales 83, Weekly median advertised rent $433

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Currumbin, 4223 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 6.82%.

Currumbin,4223 has offered an average of 6.82% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Currumbin should be aiming for at least -6.96% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 86.70km from the CBD, Currumbin is one of Gold Coast localities in the postcode 4223.

Currumbin is in the TOP 10% in QLD when comparing median price capital growth over the last year. Currumbin gave property investors a very good capital gain figure when compared to the rest of the state, with 14.29%.

Taking the average capital gain, or increase in median house value, Currumbin,4223 has racked up an average of 14.29% over the period. This ranks it number 633th in the whole country for real estate investors looking at median house price increases.

At number 80th 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.

At number 880 in a list of fastest selling suburbs, Currumbin is just in the bottom half of suburbs in Australia with an average of days on market 85.81 for properties listed there.

Situated 79.25km from the CBD, Currumbin is one of Gold Coast localities in the postcode 4223.

Metrics i HOUSE UNIT
$815,000 $480,000
-0.03% 3.23%
6.82% 14.29%
3.63% 1.87%
$610 $433
24 83
3.89% 4.69%
69.75 85.81

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2785
Median household income ($/weekly) 1234
Median age of persons 41
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 262 9.4
    25-34 years 426 15.3
    35-44 years 398 14.3
    45-54 years 418 15.0
    55-64 years 405 14.5
    Others 875 31.4
    Age Group
    Census Count Percent(%)
    Not Married 938 44.8
    Registered Married 896 42.8
    Defacto Relationship 259 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2049 79.2
    Papua New Guinea 136 5.3
    South Africa 30 1.2
    United Kingdom 150 5.8
    Other 70 2.7
    Others 153 5.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 52 2.1
    Christianity 1701 68.8
    Judaism 8 0.3
    Other Religious Groups 9 0.4
    No Religion 689 27.9
    Others 13 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 104 10.2
    $600-$799 101 10.0
    $1,000-$1,249 105 10.3
    $1,250-$1,499 109 10.7
    $1,500-$1,999 121 11.9
    Others 475 46.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 815 37.0
    Not in the labour force 666 30.3
    Employed, worked part-time 526 23.9
    Unemployed, looking for work 97 4.4
    Employed, away from work 96 4.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 200 13.9
    Professionals 314 21.9
    Technicians & trades workers 205 14.3
    Community & personal service workers 182 12.7
    Clerical & administrative workers 175 12.2
    Others 360 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 27 5.4
    Infants/Primary 166 33.2
    Secondary 138 27.6
    Technical or Further Educational Institution 49 9.8
    University or other Tertiary Institutions 94 18.8
    Others 26 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1305 51.3
    Flat, unit or apartment 860 33.8
    Semi-detached, row or terrace house, townhouse 378 14.8
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 419 37.4
    Being purchased 355 31.7
    Fully owned 343 30.6
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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