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Currimundi, QLD 4551
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,240,000
market range $1.2M-$1.3M
Median Unit
$900,000
list-price estimate
Gross Yield (houses)
3.4%
1yr Growth (houses)
+18.2%
market range +12.5% to +25.0%
Investment snapshot for Currimundi
Currimundi has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Currimundi market and investor summary
Currimundi (QLD 4551) runs a median house price of $1.2M, with houses yielding a gross 3.4%. House prices have moved +18.2% over the past year and +40.7% over three years. At 1.5% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.4% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.5% and a resident base that is not shrinking.
Living in Currimundi: people, income and schools
Currimundi is home to around 6,570 people, and the area has been growing steadily, up about 23% over five years. The median age is 45, skewed a little older, and 73% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $76,000 a year, or roughly $1,470 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 16.3 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 31% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 11 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 79 km from the CBD. It is fairly car-dependent; the suburb scores 36 for walkability and 33 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 6,570
- +23% over 5yr
- Median age
- 45 years
- Median household income
- $76,000/yr
- Households renting
- 25%
- Family households
- 71%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 11
- avg ICSEA 1034
- Unemployment
- 3.3%
- Distance to CBD
- 79 km
- Walk score
- 36/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Currimundi
View all →Frequently asked questions about Currimundi
What should I check before investing in Currimundi?
Currimundi has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.2% gives a usable rent-to-price starting point. Capital growth of +18.2% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Currimundi?
The median property price in Currimundi, QLD 4551 is $1.2M for houses.
What rental yield does Currimundi show?
The gross rental yield in Currimundi is 3.4% for houses and 4.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Currimundi?
House prices in Currimundi are up 18.2% over the past year and up 40.7% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Currimundi?
The current vacancy rate in Currimundi is 1.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Currimundi?
Currimundi has a population of approximately 6,570 residents, with a median age of 45.
What schools are near Currimundi?
There are 11 schools within roughly 5km of Currimundi. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Currimundi affordable to buy in?
A median house in Currimundi costs about 16.3 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Currimundi's population growing?
The population of Currimundi has grown about 23% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Currimundi from the CBD?
Currimundi is about 79 km from the CBD.
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