Currumbin QLD

Postcode 4223 · Gold Coast LGA

Currumbin is a smaller suburb in Queensland within the Gold Coast local government area (postcode 4223). With a population of 3,278, the suburb has an established demographic with a median age of 42. Households earn a median income of $95K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.

The median house price in Currumbin is $1.4 million, having surged 14.2% over the past year. Units have a median price of $988,000 (+21.5% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,134.

Currumbin is served by 1 school, including 1 primary. The average ICSEA score is 1017, which is around the national average of 1,000. Public transport access includes 18 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.

From an investment perspective, Currumbin offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.1M). The price-to-income ratio of 14.8x is considered stretched. House prices have moved +14.2% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.3% Moderate Yield
Price vs State$1.4M/$1.1M Near Median
Affordability14.8x Stretched
Price Momentum+14.2% Rising
INCOME (ATO 2022-23)
Median Income$55,435
Mean Income$74,967
Earners9,322
YoY Change+7.1%
SEIFA INDEX (ABS)
Advantage8/10
Education9/10
Economic5/10
Disadvantage9/10
MEDIAN HOUSE
$1.4M
14.2% YoY
MEDIAN UNIT
$988K
21.5% YoY
MEDIAN RENT /WK
$490
POPULATION
3,278
DEMOGRAPHICS
Median Age42
Household Size2.3
HH Income /wk$1,830
Personal Income /wk$909
Mortgage /mth$2,134
CRIME (Gold Coast LGA)
Crime Rate (per 100k)5,745
Total Incidents5,745
TRANSPORT
Bus Stops18
SCHOOLS (1)
Avg ICSEA1017
Total Students1,144
Government1
Currumbin State SchoolPrimary · Government · ICSEA 1017
HOSPITALS (1)
Currumbin Clinicprivate
Data: 2024