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Currimundi suburb profile

Currimundi is a picturesque coastal suburb on the Sunshine Coast, Queensland, known for its stunning beaches and relaxed lifestyle. Situated just a short drive from Caloundra, Currimundi offers a blend of natural beauty and modern amenities. The suburb is famous for Currimundi Lake, a popular spot for kayaking, swimming, and picnicking, attracting families and outdoor enthusiasts. With a mix of residential options, including beachfront properties and family homes, Currimundi provides a serene yet convenient living environment. Its proximity to schools, shopping centers, and recreational facilities makes it an appealing choice for both residents and visitors seeking a coastal retreat.

Currimundi property market performance

Currimundi's property market has shown positive growth over the past 12 months, with house values increasing by 11.8% and unit values rising by 7.6%. The median house price over the past three months has averaged $951,000, while units have averaged $615,750, indicating strong demand in the area.

Sales activity has been moderate, with 28 houses and 6 units sold in the past three months. Houses are selling relatively quickly, with a median of 19 days on the market, while units are taking slightly longer at 22 days, suggesting a healthy demand for both property types.

The rental market in Currimundi has seen modest changes over the last 12 months, with house rents increasing by 0.7% and unit rents rising by 3.4%, reflecting a stable rental environment.

Median price - houses$1.03MPast 3 months

Median price - units$704KPast 3 months

Change in value - houses11.2%12 months

Change in value - units7.6%12 months

Houses sold26Past 3 months

Units sold6Past 3 months

Median DOM - houses19Past 12 months

Median DOM - units23Past 12 months

Average rent - houses$700Past 12 months

Average rent - units$600Past 12 months

Change in rent - housesN/APast 12 months

Change in rent - units0.8%Past 12 months

Currimundi demographics

Currimundi, located on Queensland's Sunshine Coast, is a charming suburb known for its beautiful beaches and relaxed coastal lifestyle. With a population of 6,570, it offers a serene environment that appeals to families, retirees, and those seeking a quieter pace of life. The median age of 45 suggests a mature community, with many residents enjoying the area's natural beauty and recreational opportunities.

The suburb's housing landscape is characterized by a significant proportion of homeownership, with 39.9% of properties owned outright and 34.8% owned with a mortgage. This reflects a stable community with long-term residents who value the security and investment potential of property ownership. Meanwhile, 25.3% of the dwellings are rented, providing options for those who prefer flexibility or are new to the area.

Family life is a central aspect of Currimundi, with couple families with children making up 39.2% of the households, and couple families without children accounting for 42.5%. The presence of one-parent families at 17.4% adds to the suburb's diverse family dynamics. The median total household income of $1,467 per week indicates a comfortable standard of living, supported by local amenities and the natural attractions of the Sunshine Coast. Currimundi's blend of community spirit, coastal charm, and lifestyle opportunities makes it a desirable place to call home.

Currimundi infrastructure, key developments and investment opportunities

Currimundi is undergoing several developments that may impact its property market. The Currimundi Lake area has been identified as one of Queensland's top five ecotourism destinations, experiencing a 325% increase in visitors post-pandemic. This boost in tourism could drive demand for local properties and businesses. Additionally, ongoing maintenance and erosion management of Currimundi Lake by the Sunshine Coast Council aims to protect this vital coastal asset, potentially enhancing the area's appeal.

Infrastructure improvements include regular dredging near the lake entrance to replenish eroded beaches, which helps maintain the area's natural beauty. The council also manages the lake's opening and closing to the ocean, balancing flood prevention with environmental needs. While no major new developments were specifically mentioned, these ongoing environmental management efforts and Currimundi's rising profile as an ecotourism hotspot could positively influence property values and livability in the area.

Currimundi rental market trends

The rental market in Currimundi has experienced modest growth, with house rents increasing by 0.7% over the past year to $700 per week, while unit rents have seen a 3.4% rise to $600 per week. This steady growth reflects a stable demand in the area, making Currimundi an attractive option for renters seeking a balanced coastal lifestyle.

Suburbs near Currimundi

Some popular suburbs near Currimundi include:

Common questions about Currimundi

  • Is Currimundi a nice place to live?

    Currimundi is a delightful coastal suburb that offers a serene and family-friendly environment, making it a wonderful place to live. Known for its charming beaches and laid-back lifestyle, Currimundi provides a perfect blend of natural beauty and modern convenience. Families will find the suburb particularly appealing due to its proximity to schools and recreational facilities, ensuring that both children and adults have plenty of opportunities for education and leisure. The community vibe is welcoming and relaxed, with a strong sense of belonging among residents.

    Living in Currimundi means enjoying a peaceful lifestyle with easy access to essential amenities. The suburb is well-served by shopping centers and cafes, providing residents with all the necessities close to home. Safety is generally not a major concern, contributing to the suburb's appeal for families and retirees alike. While Currimundi may not offer the bustling nightlife of a city center, it compensates with its stunning natural surroundings and outdoor activities, such as kayaking and picnicking at the picturesque Currimundi Lake.

    However, living in Currimundi does come with some trade-offs. The serene coastal lifestyle may mean fewer entertainment options compared to more urban areas, and the increasing popularity of the suburb as an ecotourism destination could lead to higher property prices and increased visitor traffic. Despite these considerations, Currimundi remains a charming and desirable place to call home, especially for those who value a tranquil environment and a strong community spirit.

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  • Is it expensive to live in Currimundi?

    Living in Currimundi can be considered moderately expensive, especially when you compare it to other areas in Queensland. The current median house price is $951,000, which is quite high for the region. If you're looking at units, the median price is $615,750, which is a bit more affordable but still on the higher side compared to some other suburbs. Renting in Currimundi also comes with a significant cost, with the average rent for houses being $700 per week and $600 per week for units.

    When you look at the average wage in Currimundi, which is approximately $85,000 per year, it aligns closely with the average wage in Queensland. However, the high property prices and rental costs mean that a significant portion of your income could go towards housing. This makes living in Currimundi a bit of a financial stretch for those earning an average salary. While the suburb offers a beautiful coastal lifestyle, it's important to weigh these costs if you're thinking of living in Currimundi.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Currimundi a good place to invest?

    Currimundi is showing promising signs as a potential investment hotspot, with a notable increase in property values over the past year. The suburb has experienced an impressive 11.8% rise in median house values and a 7.6% increase in unit values. This upward trend suggests a strong demand for properties in the area, making it an attractive option for investors looking for capital growth.

    While rental growth for houses has been modest at 0.7%, units have seen a more robust increase of 3.4% in rental prices. This indicates a healthy rental market, particularly for units, which could appeal to investors seeking steady rental income. Currimundi's appeal lies in its coastal lifestyle, family-friendly atmosphere, and proximity to essential amenities, which continue to draw both renters and buyers to the area.

    Overall, Currimundi presents a balanced investment opportunity with its combination of capital growth potential and a stable rental market. The suburb's ongoing popularity and desirable location suggest it could be a solid choice for those looking to invest in the real estate market.

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