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Currumbin, QLD 4223

Home » QLD Real Estate Data » Gold Coast City, QLD » Currumbin, QLD 4223

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 Currumbin, QLD 4223 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

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

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Yield 

1BR

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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 “Currumbin, QLD 4223”

  1. The total adult population (15 years or older) of Currumbin 4223 QLD is 2,736, with a median age of 42. Of those, 42.36% are married, 16.19% are divorced or separated, 36.95% are single and 4.53% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $9,180. The median monthly mortgage repayment for households in this suburb is $2,134 which is 23.25% of their earnings.

    Source: ABS Census Data (2021)

  2. Curled in the heart of QLD, the suburb of Currumbin, postcode 4223, is home to around 1940 households. In the 3rd quarter of 2023, typical prices for houses in this location landed at a robust $1,679,891. Alongside this, the median weekly rent settled at $1,023, thereby generating an attractive indicative yield of 3.17%.

    Currumbin flaunts an IRSAD score of 1052 out of 1217. This hints towards an influential socio-economic profile, showcasing a robust local economy built on high income levels and skilled professions. Furthermore, the renter to owner ratio is also promising, standing at a balanced 30%, reinforcing prospects for steady rental incomes while avoiding excessive competition.

    However, particular attention must be drawn toward the units to houses ratio, which sits at 52%, a smidge over the acknowledged 50% mark. This indicates a mildly skewed relation in favour of units that could increase competition among landlords.

    Affordability, a critical factor, tallies an index of 72 years for houses, considerably higher than the ideal range, suggesting properties may be perceived as less affordable by locals prospecting for ownership.

    On the supply front, stock on market Percentage for houses is a mere 0.32%. Such a low figure points towards a favourable market condition, hinting at limited supply. Likewise, the inventory level for houses is 1.33 months, which also tips towards limited supply in the market.

    Supply, however, gets a little nudge with a building approvals Ratio for houses at 0.64%, only slightly higher than the considered favourable range. But this isn’t necessarily bad news, it could indicate future growth for the market.

    With a days on market figure for houses at 112, demand could be deemed as slightly sluggish compared to the ideal. Nonetheless, vacancy rate for combined houses and units being at 2.24% indicates a neutral yet healthy level of demand.

    Completing the picture, the buy search index for houses lands at 5, indicating that online demand is at par with the state/city average – neither too high nor too low.

    Currumbin, hence, emerges as a property market with a relatively balanced profile, with enough merits as a solid investment site. While few metrics tip slightly towards the unfavourable side, a majority remain within the comfortable decision-making zone for investors, showcasing varied opportunities for capital gains and cash flow. As always, keeping an eye on market trends is key to smart investing. Metrics such as the HtAG Analytics’ RCS can simplify the process, considering over 80 metrics for comprehensive property market research.

    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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