Currambine

POSTAL CODE: WA, 6028
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A steady increase in median property prices over a five-year period in the suburb translates to a 44.89% capital gain.

Property investors in CURRAMBINE enjoyed capital gains of 8.32% 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 $963,500.

Profits due to an upward trend in home prices there averaged 14.96% per annum over a 3-year period.

Home owners selling their properties and realtors in CURRAMBINE usually have to wait an average of 20.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $800 mark, reflecting a 4.32% increase in returns based on the current median price in CURRAMBINE.

CURRAMBINE, 6028 places 388th in Australia based on median property value growth during the quarter.

Surburb overview

Currambine, located approximately 29 kilometres north of Perth's central business district, is a northern suburb within the City of Joondalup in Western Australia. Established in the early 1990s, the suburb spans an area of about 3.1 square kilometres and is bordered by Burns Beach Road to the north, Mitchell Freeway to the east, Shenton Avenue to the south, and Marmion Avenue to the west. 

As of the 2016 census, Currambine had a population of 6,912, with a median age of 36. The community comprises a mix of families, professionals, and retirees, contributing to a diverse demographic profile. 

Public transportation in Currambine includes the Currambine railway station on the Joondalup Line, which provides direct access to Perth and the surrounding areas. Several bus routes also serve the suburb, enhancing connectivity for residents. 

The suburb offers essential amenities, including the Currambine Central shopping centre, which features a variety of retail outlets, dining options, and a cinema complex. Residents can access the nearby Lakeside Joondalup Shopping City for more extensive shopping needs. Educational facilities within Currambine include Currambine Primary School and Francis Jordan Catholic School, catering to students from kindergarten to year six. Secondary education options are available in neighbouring suburbs, with students attending either Ocean Reef Senior High School or Belridge Secondary College. 

Recreational activities highlight Currambine, notably the proximity to the Joondalup Resort and Golf Course, which offers golfing facilities and dining options. The suburb also features several parks and green spaces, providing residents with venues for outdoor activities and community events. 

Currambine's combination of residential appeal, accessibility, and community amenities contributes to its reputation as a desirable suburb within the Perth metropolitan area. 

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