Suburb Profile Report for Currimundi QLD (4551)

Currimundi House: Median price $504,500, Annual capital growth 2.97%, Number of sales 104, Weekly median advertised rent $450

Currimundi Unit: Median price $405,000, Annual capital growth 2.91%, Number of sales 41, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$504,500 $405,000
2.96% 0.00%
2.96% 5.06%
2.97% 2.91%
$450 $390
104 41
4.64% 5.01%
31.27 92.03

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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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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