Investment property in Currajong has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.79%
Comparing Currajong,4812 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Currajong, 4812 is offering QLD ‘s 52th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this QLD.
On average over the past year, suburb has had 3.00 sales per month, which equates to 36 per year.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 6.72%, without taking into account capital value appreciation, which has been averaging out at -2.18%.
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Currajong, QLD – Perfect for day trips
Median house price: $250,000
Three-year growth: 2.0%
Rental yield: 7.0%
In opportune reach to everything that a coastal hub has to offer, Currajong is a suburb that sits in the city of Townsville.
Within a few minutes’ drive residents can find themselves immersed in the laid back atmosphere of The Strand’s oceanfront strip, which holds a generous selection of cafes, restaurants and family activities. There are also a handful of beaches along the coast to plan weekend getaways around.
A number of shopping amenities are in immediate reach, including a fresh food market, and further options are available in the surrounding suburbs, with Townsville Stockland Shopping Centre being only a short drive away.
There’s plenty of schools nearby, and a hospital is also easily accessible.