Currambine WA

Postcode 6028 · Joondalup LGA

Currambine is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6028). With a population of 6,834, the suburb has an established demographic with a median age of 40. Households earn a median income of $115K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.

The median house price in Currambine is $760,000, having surged 16.9% over the past year. Units have a median price of $410,000 (+11.7% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $2,000.

Currambine is served by 2 schools, including 2 primary. The average ICSEA score is 1065, which is above the national average of 1,000. Public transport access includes 14 bus stops.

From an investment perspective, Currambine offers a gross rental yield of 4.9%, rated as moderate yield. Property prices are near the state median ($760K/$951K). The price-to-income ratio of 6.6x is considered moderate. House prices have moved +16.9% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.9% Moderate Yield
Price vs State$760K/$951K Near Median
Affordability6.6x Moderate
Price Momentum+16.9% Rising
INCOME (ATO 2022-23)
Median Income$64,657
Mean Income$77,548
Earners10,037
YoY Change+6.2%
SEIFA INDEX (ABS)
Advantage9/10
Education8/10
Economic9/10
Disadvantage9/10
MEDIAN HOUSE
$760K
16.9% YoY
MEDIAN UNIT
$410K
11.7% YoY
MEDIAN RENT /WK
$400
POPULATION
6,834
DEMOGRAPHICS
Median Age40
Household Size2.8
HH Income /wk$2,214
Personal Income /wk$883
Mortgage /mth$2,000
TRANSPORT
Bus Stops14
SCHOOLS (2)
Avg ICSEA1065
Total Students1,077
Government1
Catholic1
Currambine Primary SchoolPrimary · Government · ICSEA 1045
Francis Jordan Catholic SchoolPrimary · Catholic · ICSEA 1085
Data: 2024