Suburb Profile Report for Currambine WA (6028)

Currambine House: Median price $530,000, Annual capital growth 0.67%, Number of sales 93, Weekly median advertised rent $420

Currambine Unit: Median price $350,000, Annual capital growth -0.07%, Number of sales 10, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Currambine have tracked close to the WA average of -4.46% over the last 12 months.

Comparing Currambine,6028 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Currambine should be aiming for at least -8.58% off the asking price, which is the average vendor discount being achieved at the moment.

Currambine, 6028’s gross rental yield is 4.12%

Currambine, 6028 ranked 59th in WA when comparing growth in median property values or capital gain over the last 12 months. Currambine is one of 1662 in our list for WA

When looking at the potential capital gains offered to property investors over the last 3 years, Currambine comes in at number 71th in WA.

In the last year 10 properties changed hands in Currambine, which puts it as the 121th most active market in WA when comparing the number of sales per suburb.

Using the current median advertised rental of $350 and the average annual increase in value of a median property of -0.07%, investors should hope to achieve an overall return of 5.20%

Metrics i HOUSE UNIT
$530,000 $350,000
0.38% N/A
-6.03% -5.79%
0.67% -0.07%
$420 $350
93 10
4.12% 5.20%
88.37 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 6773
Median household income ($/weekly) 1918
Median age of persons 35
Median housing loan repayment ($/monthly) 2000
Average household size 3
  • Census Count Percent(%)
    5-14 years 1043 15.4
    15-19 years 685 10.1
    25-34 years 697 10.3
    35-44 years 1155 17.1
    45-54 years 1207 17.8
    Others 1987 29.3
    Age Group
    Census Count Percent(%)
    Registered Married 2814 55.4
    Not Married 1865 36.7
    Defacto Relationship 397 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3230 48.8
    Papua New Guinea 198 3.0
    South Africa 444 6.7
    United Kingdom 1691 25.6
    Other 392 5.9
    Others 661 10.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 98 1.5
    Christianity 4500 70.7
    Islam 74 1.2
    Other Religious Groups 96 1.5
    No Religion 1524 23.9
    Others 72 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 137 7.1
    $1,500-$1,999 272 14.1
    $2,000-$2,499 256 13.2
    $2,500-$2,999 281 14.5
    $3,000-$3,499 199 10.3
    Others 789 40.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2391 45.6
    Employed, worked part-time 1235 23.5
    Not in the labour force 1230 23.5
    Employed, away from work 214 4.1
    Unemployed, looking for work 175 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 442 11.5
    Professionals 711 18.5
    Technicians & trades workers 698 18.2
    Clerical & administrative workers 672 17.5
    Sales 425 11.1
    Others 893 23.2
    Occupation
    Census Count Percent(%)
    Pre-school 83 4.2
    Infants/Primary 706 35.8
    Secondary 597 30.3
    Technical or Further Educational Institution 194 9.8
    University or other Tertiary Institutions 368 18.7
    Others 22 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6232 94.7
    Flat, unit or apartment 245 3.7
    Semi-detached, row or terrace house, townhouse 98 1.5
    House or flat attached to a shop, office 5 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1191 54.0
    Rented 517 23.4
    Fully owned 494 22.4
    Other tenure type 3 0.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals