Suburb Profile Report for Currimundi QLD (4551)

Currimundi House: Median price $495,000, Annual capital growth 3.19%, Number of sales 111, Weekly median advertised rent $450

Currimundi Unit: Median price $370,000, Annual capital growth 1.80%, Number of sales 33, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 8.08% for the last 12 months, Currimundi, 4551 has performed for property investments than its average annual 3.19% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Currimundi comes in at number 237th in QLD.

Vendor discounting in Currimundi is giving property investors an average Vendor Discount of around -3.75%. This puts suburb at number 792th in QLD when ranking the most discounted suburbs.

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

Currimundi is an average performer in QLD when comparing median price capital growth over the last year. Currimundi gave property investors a average capital gain figure when compared to the rest of the state, with 2.07%.

If we look at median property appreciation over just the last three months, Currimundi has given property investors a paper return of -3.96%. This puts Suburb as 311 on a list of fastest fasting appreciating suburbs in QLD

Property buyers and investors in Currimundi 4551 should be seeing an average reduction in asking price of around -3.91% . This means that Currimundi is holding prices well when compared to other suburbs in QLD.

Residents and property investors in Currimundi have been waiting around 124.46 days to sell a property.

Currimundi, 4551’s gross rental yield is 5.41%

HOUSE UNIT
$495,000 $370,000
1.28% -3.96%
8.08% 2.07%
3.19% 1.80%
$450 $385
111 33
4.73% 5.41%
47.15 124.46

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 6613
Median household income ($/weekly) 943
Median age of persons 41
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 950 14.4
    25-34 years 672 10.2
    35-44 years 930 14.1
    45-54 years 854 12.9
    55-64 years 770 11.6
    Others 2438 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 2453 52.5
    Not Married 1737 37.1
    Defacto Relationship 486 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5094 81.1
    Greece 56 0.9
    Papua New Guinea 344 5.5
    United Kingdom 454 7.2
    Other 102 1.6
    Others 234 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 0.6
    Christianity 4359 73.3
    Islam 6 0.1
    Other Religious Groups 11 0.2
    No Religion 1528 25.7
    Others 7 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 330 15.0
    $600-$799 299 13.6
    $800-$999 245 11.1
    $1,000-$1,249 221 10.0
    $1,500-$1,999 264 12.0
    Others 842 38.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2032 40.9
    Employed, worked full-time 1578 31.7
    Employed, worked part-time 998 20.1
    Unemployed, looking for work 223 4.5
    Employed, away from work 143 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 410 15.1
    Technicians & trades workers 513 18.9
    Community & personal service workers 306 11.3
    Clerical & administrative workers 367 13.5
    Sales 367 13.5
    Others 756 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 88 6.1
    Infants/Primary 654 45.1
    Secondary 406 28.0
    Technical or Further Educational Institution 104 7.2
    University or other Tertiary Institutions 147 10.1
    Others 50 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5297 87.1
    Semi-detached, row or terrace house, townhouse 736 12.1
    Flat, unit or apartment 45 0.7
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 887 37.4
    Being purchased 772 32.5
    Rented 691 29.1
    Other tenure type 23 1.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals