Question 1

Is Currambine a nice place to live?

Accepted Answer

Currambine is a predominantly residential suburb on Perth’s northern corridor with family-oriented streets, tree-lined verges and mostly single-storey brick homes, with pockets of newer townhouses and duplexes. Life here is quietly suburban, centred on school runs and weekend park time, and most homes are within reach of local shops, parks and sporting reserves. The suburb is served by Currambine train station, which is popular with commuters, and residents have easy access to the regional centre of Joondalup and the nearby northern beaches for shopping and recreation.

Home to 6,834 people with a median age of 40, the community is largely made up of couple families, about half of whom have children, and most dwellings are owner-occupied (78.1%). Local infrastructure includes upgraded train-station drop-off and bus facilities, a community centre that houses the Edge Youth Centre and is proposed for a major refurbishment and library upgrade, and Caledonia Park which has funding for improved oval floodlighting. Whether Currambine suits you depends on whether a settled, family-oriented suburb with commuter rail and nearby amenities fits your priorities.

Question 2

Is it expensive to live in Currambine?

Accepted Answer

A house priced at $1,305,000 in Currambine works out to about 11.3 times a typical local annual household income at the last Census, which places buying well above what people locally earned at the last Census. Renting is less stretched than buying but still significant: a house rent of $800 a week would take about 36.1% of a typical local household's weekly income at the last Census, while a unit rent of $690 a week would take about 31.2%.

On these figures, buying sits well above local incomes and renting would take a sizeable share of a typical local household's income; whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Currambine a good place to invest?

Accepted Answer

Over the past 12 months Currambine has recorded strong price gains: unit values climbed 23.7% and house values rose 18.3%. Both are large increases in what properties are worth.

Rents moved up too, but more modestly: unit rents rose 15.0%, a strong rise, while house rents increased 6.0%, a solid rise. If rental income is your priority, the 15.0% increase in unit rents is the most relevant figure; if capital growth matters more, the higher percentage gains in values, particularly for units, are the figures to note. Whether that balance suits your plans depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.30M	N/A
Change in value Past 12 months	18.3%	23.7%
Sold Past 3 months	15	7
Median days on market Past 12 months	13	9
Average rent Past 12 months	$800	$690
Change in rent Past 12 months	6.0%	15.0%

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