Suburb Profile Report for Currimundi QLD (4551)

Currimundi House: Median price $521,250, Annual capital growth 2.99%, Number of sales 89, Weekly median advertised rent $460

Currimundi Unit: Median price $408,000, Annual capital growth 2.91%, Number of sales 35, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Currimundi has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.38%

Comparing Currimundi,4551 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Currimundi 4551 should be seeing an average reduction in asking price of around -3.51% . This means that Currimundi is holding prices well when compared to other suburbs in QLD.

Often selling an investment property can take time, and in Currimundi the average time real estate has been on the market is 38.19 days.

With the median price for a house in Currimundi being $521250 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 4.59%

Giving property investors a an average capital gain of 5.84% for the last year, Currimundi, 4551 is the 748th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Currimundi,4551 has racked up an average of 5.84% over the period. This ranks it number 803th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Currimundi is giving property investors an average Vendor Discount of around -2.40%. This puts suburb at number 306th in QLD when ranking the most discounted suburbs.

At number 745 in a list of fastest selling suburbs, Currimundi is just in the top half of suburbs in Australia with an average of days on market 71.66 for properties listed there.

Advertised rents are around the $390 mark per week – giving a return of 4.97% based on the median price in Suburb

Metrics i HOUSE UNIT
$521,250 $408,000
1.21% 0.74%
6.38% 5.84%
2.99% 2.91%
$460 $390
89 35
4.59% 4.97%
38.19 71.66

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
Find a mortgage broker in Currimundi QLD
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
Chart Table
Recent sales & rentals