Currimundi

POSTAL CODE: QLD, 4551

HOUSE

UNIT

Homeowners and real estate investors betting on CURRIMUNDI, 4551 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 10.2%.

A steady increase in median property prices over a five-year period in the suburb translates to a 20.07% capital gain.

Property investors in CURRIMUNDI enjoyed capital gains of 10.2% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also 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 $1,080,000.

Profits due to an upward trend in home prices there averaged 6.69% per annum over a 3-year period.

Home owners selling their properties and realtors in CURRIMUNDI usually have to wait an average of 45.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $750 mark, reflecting a 3.61% increase in returns based on the current median price in CURRIMUNDI.

CURRIMUNDI, 4551 places 145th in Australia based on median property value growth during the quarter.

Property investors in CURRIMUNDI enjoyed capital gains of 9.7% over the last 12 months translating to lower returns compared with its peers in the territory.

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

CURRIMUNDI posted a 10.53% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

Real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in CURRIMUNDI.

CURRIMUNDI, 4551 ranks 317th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

CURRIMUNDI ranks 416th on the list of best yielding suburbs for rental properties in QLD, posting a N/A return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,080,000	$735,000
Growth Report
Median Quarterly	7.25%	1.17%
Median 12 month	10.2%	9.7%
Median 3 years	20.07%	10.53%
Median 5 years	81.51%	67.24%
10 years average annual	9.11%	7.51%
Weekly media advert. rent	$750	N/A
Time on Market	45.4 days	23.4 days
Gross Rental Yield Percent	3.61%	0%

Demographics (Median Values)*

Total Population 6662

Weekly Household Income 873.2

Household Size 2.60

Average Age 39

Monthly Loan Repayment 1300

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

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