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Currajong, QLD 4812

Home » QLD Real Estate Data » Townsville City, QLD » Currajong, QLD 4812

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Currajong, QLD 4812 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

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5BR

Rent 

2BR

3BR

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5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

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Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Currajong, QLD 4812”

  1. The total adult population (15 years or older) of Currajong 4812 QLD is 2,014, with a median age of 39. Of those, 34.01% are married, 17.33% are divorced or separated, 43.45% are single and 4.87% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $7,564. The median monthly mortgage repayment for households in this suburb is $1,300 which is 17.19% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within the heart of Queensland, CURRAJONG 4812 is a burgeoning suburb home to an estimated 1,558 households. As we delve into the third quarter of 2023, property insights for CURRAJONG reveal a typical house price of $361,198. With a median weekly rent of $389, these properties deliver an impressive indicative yield of 5.6%.

    The locale garners an IRSAD score of 926 out of 1217, a notable sign of a sound socio-economic status, prosperous resource access and a thriving professional landscape. The renter to owner ratio stands at 36%. While slightly above the ideal range, it’s not overly problematic for prospective property investors as the units to houses ratio is a favourable 10%, ensuring less landlord competition for potential tenants.

    Furthermore, CURRAJONG proves itself as an affordable market, with the affordability index revealing it takes an average of 19 years to fully own a house, significantly below the 30-year standard.

    Supply indicators are encouraging. A stock on market Percentage of 0.6% for houses suggests a balanced real estate market, skirting close to the favourable end of the spectrum. Coupled with a low inventory level of 1.66 months and a building approvals Ratio of a minuscule 0.08%, the potential for increased market supply is low.

    Demand metrics suggest a robust market too. Properties in CURRAJONG spend an average of 49 days on the market – while longer than preferred, it’s a far cry from the 90-day mark indicative of low demand. Moreover, an exceptionally low vacancy rate of 0.72% implies high demand, particularly for investment properties.

    The buy search index for houses wraps up at a neutral 5, close to the state average. It’s the perfect remedy to balance out otherwise overly favourable metrics, encouraging steady, sustainable growth.

    Taking into account individual metric values and trends, CURRAJONG 4812 presents as a highly favourable real estate market. It especially appeals to those keen on a favourable balance of demand and supply and an overall healthy property investment landscape.

    As property markets constantly evolve, it’s essential to keep up-to-date with these statistics, or consider utilising tools such as the Relative Composite Score (RCS) developed by HtAG Analytics, which helpfully automates the analysis above, incorporating over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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