Suburb Profile Report for Currajong QLD (4812)

Currajong House: Median price $247,500, Annual capital growth -2.18%, Number of sales 36, Weekly median advertised rent $320

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

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

Postcode: 4812

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.

Metrics i HOUSE UNIT
$247,500 N/A
2.06% N/A
8.79% N/A
-2.18% N/A
$320 N/A
36 N/A
6.72% N/A
65.8 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2628
Median household income ($/weekly) 1042
Median age of persons 37
Median housing loan repayment ($/monthly) 1733
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 292 11.1
    25-34 years 398 15.1
    35-44 years 340 12.9
    45-54 years 386 14.7
    55-64 years 257 9.8
    Others 956 36.4
    Age Group
    Census Count Percent(%)
    Not Married 889 45.4
    Registered Married 774 39.6
    Defacto Relationship 294 15.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2155 86.7
    Papua New Guinea 63 2.5
    Philippines 31 1.2
    United Kingdom 74 3.0
    Other 56 2.3
    Others 107 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 21 0.9
    Christianity 1691 71.3
    Islam 7 0.3
    Other Religious Groups 17 0.7
    No Religion 628 26.5
    Others 9 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 107 11.2
    $600-$799 134 14.1
    $800-$999 91 9.5
    $1,000-$1,249 105 11.0
    $1,500-$1,999 126 13.2
    Others 390 40.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 843 41.6
    Not in the labour force 679 33.5
    Employed, worked part-time 335 16.5
    Employed, away from work 87 4.3
    Unemployed, looking for work 82 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 192 15.2
    Technicians & trades workers 229 18.1
    Community & personal service workers 142 11.2
    Clerical & administrative workers 199 15.7
    Labourers 151 11.9
    Others 352 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 28 5.4
    Infants/Primary 200 38.8
    Secondary 113 21.9
    Technical or Further Educational Institution 48 9.3
    University or other Tertiary Institutions 103 20.0
    Others 24 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2023 82.0
    Flat, unit or apartment 255 10.3
    Semi-detached, row or terrace house, townhouse 134 5.4
    Caravan, cabin, houseboat 55 2.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 379 36.6
    Being purchased 349 33.7
    Fully owned 307 29.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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