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Currambine
AREA REPORTS

Currambine

Currambine - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6028

house
unit

Homeowners and real estate investors betting on CURRAMBINE, 6028 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 10.88%.

A steady increase in median property prices over a five-year period in the suburb translates to a 22.84% capital gain.

Property investors in CURRAMBINE enjoyed capital gains of 10.88% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $626,500.

Profits due to an upward trend in home prices there averaged 7.61% per annum over a 3-year period.

Home owners selling their properties and realtors in CURRAMBINE usually have to wait an average of 19.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $525 mark, reflecting a 4.36% increase in returns based on the current median price in CURRAMBINE.

CURRAMBINE, 6028 places 425th in Australia based on median property value growth during the quarter.

Data report can be found below

Currambine
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $626,500 $325,000
GROWTH REPORT
Median Quarterly -0.63% 4.84%
Median 12 month 10.88% 22.64%
Median 3 years 22.84% N/A
Median 5 years 18.21% N/A
10 years average annual 2.15% 2.83%
Weekly media advert. rent $525 $390
Time on Market 19.3 days 52.1 days
Gross Rental Yield Percent 4.36% 6.24%
demographics (median values)*
Total Population
22440
Weekly Household Income
2289
Household Size
3.10
Age
37
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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