Giving property investors a an unimpressive capital gain of 2.96% for the last year, Currimundi, 4551 is the 2580th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Currimundi has given property investors a paper return of 2.96%. This puts Suburb as 171 on a list of fastest fasting appreciating suburbs in QLD
Currimundi, 4551 is offering QLD ‘s 798th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.64%, without taking into account capital value appreciation, which has been averaging out at 2.97%.
Property investors who have had real estate in Currimundi, 4551 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.06%
When looking at the potential capital gains offered to property investors over the last 3 years, Currimundi comes in at number 91th in QLD.
Vendor discounting in Currimundi is giving property investors an average Vendor Discount of around -2.64%. This puts suburb at number 306th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Currimundi the average time real estate has been on the market is 92.03 days.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 2.91%, investors should hope to achieve an overall return of 5.01%