Suburb Profile Report for Currumbin Waters QLD (4223)

Currumbin Waters House: Median price $865,000, Annual capital growth 5.82%, Number of sales 155, Weekly median advertised rent $680

Currumbin Waters Unit: Median price $520,000, Annual capital growth 5.57%, Number of sales 44, Weekly median advertised rent $480

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Currumbin Waters, 4223 ranked 228th in QLD when comparing growth in median property values or capital gain over the last 12 months. Currumbin Waters is one of 2415 in our list for QLD

Comparing Currumbin Waters,4223 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Currumbin Waters is giving property investors an average Vendor Discount of around -3.66%. This puts suburb at number 578th in QLD when ranking the most discounted suburbs.

Residents and property investors in Currumbin Waters have been waiting around 40.8091 days to sell a property.

A $680 per week rent on the median house gives suburb investors a gross yield of circa 4.09%, without taking into account capital value appreciation, which has been averaging out at 5.82%.

QLD has seen average median house prices change by 8.71% which means that Currumbin Waters, 4223 has done well for property investors by showing a capital gain of 20.93% over the last year

Over the longer term, Currumbin Waters has seen property prices show investors a 29.19% return over the last 3 years. This is worse than over the last 12 months

Often selling an investment property can take time, and in Currumbin Waters the average time real estate has been on the market is 21.1154 days.

Situated 87.43km from the CBD, Currumbin Waters is one of Gold Coast (C) localities in the postcode 4223.

Metrics i HOUSE UNIT
$865,000 $520,000
5.49% 4.00%
17.89% 20.93%
5.82% 5.57%
$680 $480
155 44
4.09% 4.80%
40.8090909090909 21.1153846153846

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 8882
Median household income ($/weekly) 1044
Median age of persons 42
Median housing loan repayment ($/monthly) 1950
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1206 13.6
    35-44 years 1261 14.2
    45-54 years 1345 15.1
    55-64 years 1115 12.6
    65-74 years 802 9.0
    Others 3154 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 3304 50.5
    Not Married 2637 40.3
    Defacto Relationship 596 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 6814 81.4
    Greece 61 0.7
    Papua New Guinea 423 5.1
    United Kingdom 557 6.7
    Other 140 1.7
    Others 372 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 111 1.4
    Christianity 5868 73.6
    Hinduism 19 0.2
    Other Religious Groups 27 0.3
    No Religion 1919 24.1
    Others 32 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 399 13.6
    $600-$799 334 11.4
    $800-$999 285 9.7
    $1,000-$1,249 268 9.1
    $1,500-$1,999 395 13.5
    Others 1250 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2485 37.0
    Employed, worked full-time 2271 33.8
    Employed, worked part-time 1392 20.7
    Unemployed, looking for work 309 4.6
    Employed, away from work 253 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 627 16.0
    Technicians & trades workers 725 18.5
    Clerical & administrative workers 611 15.6
    Sales 468 11.9
    Labourers 451 11.5
    Others 1035 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 108 5.6
    Infants/Primary 790 41.0
    Secondary 578 30.0
    Technical or Further Educational Institution 161 8.4
    University or other Tertiary Institutions 225 11.7
    Others 66 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6753 80.3
    Semi-detached, row or terrace house, townhouse 1224 14.6
    Flat, unit or apartment 388 4.6
    House or flat attached to a shop, office 37 0.4
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1249 39.0
    Fully owned 1127 35.2
    Rented 788 24.6
    Other tenure type 41 1.3
    Tenure Type
Census 2011, ABS
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