Investment property in Currimundi has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.38%
Currimundi,4551 has offered an average of 5.38% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Currimundi is giving property investors an average Vendor Discount of around -3.72%. This puts suburb at number 784th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 2.91%, investors should hope to achieve an overall return of 4.78%
Property value increases in Currimundi have tracked just higher than the QLD average of 1.70% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Currimundi comes in at number 123th in QLD.
At number 281th of QLD’s most discounted properties, Currimundi is in the TOP 10% of the state/territory when listing in order of most discounted to least.
In the last year 36 properties changed hands in Currimundi, which puts it as the 213th most active market in QLD when comparing the number of sales per suburb.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 5.26%, without taking into account capital value appreciation, which has been averaging out at 2.16%.