Suburb Profile Report for Currambine WA (6028)

Currambine House: Median price $480,000, Annual capital growth -0.71%, Number of sales 89, Weekly median advertised rent $450

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

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

  • House Report

Property investors who have had real estate in Currambine, 6028 should be relatively unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.03%

Across a shorter period, Currambine, 6028 has seen a median price increase of 1.05% over the last quarter.

Property investors looking for a bargain in Currambine should be aiming for at least -5.20% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Currambine being $480000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.88%

Metrics i HOUSE UNIT
$480,000 N/A
1.05% N/A
-3.03% N/A
-0.71% N/A
$450 N/A
89 N/A
4.88% N/A
81.85 N/A

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

DSR Score for property investment : Above average (H), Below average (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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