Currumbin

POSTAL CODE: QLD, 4223

HOUSE

UNIT

Based on its average 5-year and quarterly capital gains CURRUMBIN, 4223 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that CURRUMBIN, 4223 obtained a 9.85% growth over a ten-year period. It ranks 76th on our list of suburbs that property investors should look into.

CURRUMBIN, 4223 in QLD belongs to the local government area of Gold Coast.

CURRUMBIN, 4223 has a capital gain of 12.19% for the past year, which is higher than average compared to its 54.74% growth within a five-year period.

With the median home price in CURRUMBIN sitting at $1,795,000, and the average rent at $1200, property owners could potentially earn a 3.48% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in CURRUMBIN are low, as opposed to average gains per annum over the past five years.

Homeowners and real estate investors betting on CURRUMBIN, 4223 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 15.71%.

A steady increase in median property prices over a five-year period in CURRUMBIN, 4223 translates to a 30% capital gain.

Property investors enjoyed capital gains of 15.71% over the last 12 months in CURRUMBIN, translating to lower returns compared with its peers in QLD.

CURRUMBIN, 4223 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,105,000.

Profits due to an upward trend in home prices in CURRUMBIN, 4223 averaged 10% per annum over a 3-year period.

Home owners selling their properties and realtors in CURRUMBIN usually have to wait an average of 42.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $897.5 mark, reflecting a 4.22% increase in returns based on the current median price in CURRUMBIN.

CURRUMBIN, 4223 places 32nd in Australia based on median property value growth during the quarter.

Surburb overview

Currumbin is a coastal suburb on the Gold Coast, Queensland, approximately 23 kilometres south of Surfers Paradise and about 94 kilometres southeast of Brisbane. The suburb is renowned for its natural beauty, featuring lush vegetation and scenic headlands, which are preserved mainly due to the presence of the Currumbin Wildlife Sanctuary and the area's hilly terrain.

As of the 2021 census, Currumbin had a population of 3,278 people. The diverse community comprises families, professionals, and retirees drawn to the suburb's tranquil environment and coastal lifestyle.

The real estate market in Currumbin has shown significant growth. The median sale price for houses is approximately $1,605,000, reflecting a 12.24% increase over the past 12 months. Units have a median price of $950,000, with an 11.76% growth in the same period. Rental yields are around 3.28% for houses and 3.99% for units, indicating a healthy investment environment.

Currumbin offers a range of amenities, including local shops, cafes, and recreational facilities. The suburb is home to the Currumbin Wildlife Sanctuary, a popular destination that showcases native Australian wildlife. The area also features parks and picnic spots along Currumbin Creek, providing opportunities for fishing and family outings.

Educational facilities in Currumbin include the Currumbin State School, catering to primary education. For secondary education, residents typically access nearby schools in surrounding suburbs.

The suburb's natural landscape offers numerous recreational activities. Currumbin Beach is a favoured spot for surfing, particularly at Currumbin Alley, which is known for its excellent surf conditions suitable for longboards. The area also hosts the annual Swell Sculpture Festival, attracting artists and visitors to the beachfront for a display of outdoor sculptures.

Currumbin is recognised for its strong sense of community and neighbourly spirit. Residents often engage in local events and initiatives, fostering a welcoming and connected atmosphere.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,795,000	$1,105,000
Growth Report
Median Quarterly	5.43%	-6.69%
Median 12 month	12.19%	15.71%
Median 3 years	7.65%	30%
Median 5 years	54.74%	71.32%
10 years average annual	9.85%	9.45%
Weekly media advert. rent	$1,200	$898
Time on Market	68.3 days	42.6 days
Gross Rental Yield Percent	3.48%	4.22%

Demographics (Median Values)*

Total Population 2645

Weekly Household Income 1014

Household Size 2.20

Average Age 42

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type

.module-ajax-wrapper-js-only-732 { display: none !important; }