Suburb Profile Report for Currumbin QLD (4223)

Currumbin House: Median price $815,000, Annual capital growth 7.32%, Number of sales 32, Weekly median advertised rent $585

Currumbin Unit: Median price $446,000, Annual capital growth 1.00%, Number of sales 80, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report

Currumbin, 4223 ranked 741th in QLD when comparing growth in median property values or capital gain over the last 12 months. Currumbin is one of 2415 in our list for QLD

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.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Currumbin, 4223. Typically our figures indicate that -8.62% is being offered, which puts this QLD suburb at 619th most discounted overall in Australia.

On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.

Using the current median advertised rental of $585 and the average annual increase in value of a median property of 7.32%, investors should hope to achieve an overall return of 3.73%

Property value increases in Currumbin have tracked close to the QLD average of 0.77% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Currumbin comes in at number 107th in QLD.

Currumbin, 4223 is offering QLD ‘s 105th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this QLD.

On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.

Renters in Suburb are facing rents around $5400 per annum or $450 every week.

HOUSE UNIT
$815,000 $446,000
4.15% 0.79%
-7.39% 0.22%
7.32% 1.00%
$585 $450
32 80
3.73% 5.25%
76.12 87.38

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Currumbin QLD
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
Chart Table
Recent sales & rentals