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Currumbin Waters, QLD 4223

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

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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 “Currumbin Waters, QLD 4223”

  1. The total adult population (15 years or older) of Currumbin Waters 4223 QLD is 7,908, with a median age of 42. Of those, 46.48% are married, 13.54% are divorced or separated, 33.40% are single and 6.63% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $8,028. The median monthly mortgage repayment for households in this suburb is $2,100 which is 26.16% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within Queensland, the suburb of Currumbin Waters 4223 is home to an estimated 4,322 households. As we step into the third quarter of 2023, the property market landscape reveals some insightful figures.

    Housing prices in Currumbin Waters portray a typical price tag of $1,156,955. Complemented with a median weekly rent of $867, this indicates an attractive yield of 3.9%, passing the minimum market requirement. These figures create an enticing image for cashflow-focused property investors.

    Peeling back the socio-economic layer, Currumbin Waters scores a commendable 1004 out of 1217 on the IRSAD scale. This signals a favourable socio-economic environment boasting adequate access to economic resources and a population consisting of relatively high-income earners in skilled professions.

    Desirable market metrics continue with the renter to owner ratio sitting well below the 30%, at just 22%. In terms of the unit to houses ratio, it stands at a favourable 9%, indicating a healthy ratio skewed more toward houses. This facilitates less competition amongst landlords for tenants, potentially driving up rental yields.

    The suburbs affordability index, however, stands at an elevated 56 years – significantly higher than average 30-year mortgages. This indicates decreased affordability for potential homeowners.

    Supply metrics portray a rosy image of the Currumbin Waters property market, with a stock-on-market percentage for houses that is just 0.18%, indicating a low supply. In conjunction with this, the inventory level sits at 0.56 months, pointing towards favourable low supply market conditions conducive for real-estate price growth.

    Adding to that, the building approvals ratio for houses is a low 0.36%, further reinforcing the favourable low supply scenario.

    The average time properties in Currumbin Waters stay on the market is 42 days, indicating a relatively high demand, albeit not at the optimum level. A healthy vacancy rate of 1.6% reinforces this perspective and gives the indication of a good turnover rate between tenancies.

    Finally, the buy search index counts in at 5 for houses, suggesting a demand in alignment with the state average. While this might indicate neutral conditions, it’s essential to keep tracking various indices.

    Despite the mix of favourable and unfavourable metrics, the Currumbin Waters property market presents some potential investment opportunities. Always remember that keeping a watchful eye on market developments is key in finding beneficial property investment opportunities. And with the help of tools like HtAG Analytics’ RCS, such diligence becomes all the more feasible and accurate.

    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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