Currumbin Waters QLD

Postcode 4223 · Gold Coast LGA

Currumbin Waters is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4223). With a population of 9,797, the suburb has an established demographic with a median age of 42. Households earn a median income of $85K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.

The median house price in Currumbin Waters is $1.4 million, having surged 23.2% over the past year. Units have a median price of $751,000 (+0.1% YoY). The current median weekly rent is $1050. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,100.

Currumbin Waters is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 1044, which is around the national average of 1,000. Public transport access includes 34 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.

From an investment perspective, Currumbin Waters offers a gross rental yield of 4.0%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.1M). The price-to-income ratio of 16.0x is considered stretched. House prices have moved +23.2% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.0% Moderate Yield
Price vs State$1.4M/$1.1M Near Median
Affordability16.0x Stretched
Price Momentum+23.2% Rising
INCOME (ATO 2022-23)
Median Income$53,160
Mean Income$66,697
Earners6,669
YoY Change+6.7%
SEIFA INDEX (ABS)
Advantage6/10
Education6/10
Economic6/10
Disadvantage7/10
MEDIAN HOUSE
$1.4M
23.2% YoY
MEDIAN UNIT
$751K
0.1% YoY
MEDIAN RENT /WK
$468
POPULATION
9,797
DEMOGRAPHICS
Median Age42
Household Size2.6
HH Income /wk$1,636
Personal Income /wk$743
Mortgage /mth$2,100
CRIME (Gold Coast LGA)
Crime Rate (per 100k)5,745
Total Incidents5,745
TRANSPORT
Bus Stops34
SCHOOLS (2)
Avg ICSEA1044
Total Students577
Catholic1
Government1
St Augustine's Parish Primary SchoolPrimary · Catholic · ICSEA 1086
Currumbin Community Special SchoolSpecial · Government · ICSEA 1003
Data: 2024