Suburb Profile Report for Currimundi QLD (4551)

Currimundi House: Median price $490,000, Annual capital growth 2.87%, Number of sales 105, Weekly median advertised rent $450

Currimundi Unit: Median price $385,250, Annual capital growth 2.18%, Number of sales 32, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Currimundi, 4551 have given investors a capital gain of 4.26%. This compares averagely with the 2.38% for QLD as a whole.

The five-year average increase in median property values for Currimundi,4551 has given property investors a potential capital gain of 25.08% across each of those five years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.24% offered to property buyers. Sellers in Currimundi itself are offering an average vendor discount of -3.72% to real estate investors.

Residents and property investors in Currimundi have been waiting around 44.48 days to sell a property.

Currimundi is an average performer in QLD when comparing median price capital growth over the last year. Currimundi gave property investors a good capital gain figure when compared to the rest of the state, with 3.28%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Currimundi has increased when compared to the 5 year average annual rate.

Currimundi, 4551 is offering QLD ‘s 290th 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.

In the last year 32 properties changed hands in Currimundi, which puts it as the 242th most active market in QLD when comparing the number of sales per suburb.

Currimundi, 4551’s gross rental yield is 5.26%

Metrics i HOUSE UNIT
$490,000 $385,250
0.00% -0.06%
4.26% 3.28%
2.87% 2.18%
$450 $390
105 32
4.78% 5.26%
44.48 123.84

Source: CoreLogic

DSR Score for property investment : 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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