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Currumbin Waters suburb profile

Currumbin Waters is a picturesque suburb located on the southern Gold Coast, known for its lush greenery and tranquil waterways. It offers a serene residential environment with a mix of modern homes and established properties, attracting families and retirees seeking a peaceful lifestyle. The suburb is conveniently situated near the stunning Currumbin Creek and is just a short drive from the famous Currumbin Beach, providing ample opportunities for outdoor activities and water sports. With local shopping centers, schools, and easy access to the Pacific Motorway, Currumbin Waters combines natural beauty with suburban convenience, making it a desirable place to live.

Currumbin Waters property market performance

Current median dwelling price$1,272,500Past 3 months

Property growth+13.1%Past 12 months

Currumbin Waters has experienced a robust property market over the past 12 months, with house values increasing by 14.1%. The current median house price stands at $1.55 million. Although unit data is limited, the available figures indicate a 12.1% rise in unit values. Over the last three months, 41 houses were sold, with houses spending a median of 24 days on the market, reflecting strong demand.

The rental market in Currumbin Waters has also seen significant changes, particularly for houses. The average rent for houses has surged by 19.6% over the past year, reaching $1,100, while unit rents have increased by 6.8%, averaging $758. This suggests a strong rental demand, especially for houses in the area.

HousesUnits
Median price
Past 3 months
$1.55MN/A
Change in value
Past 12 months
14.1%12.1%
Sold
Past 3 months
419
Median days on market
Past 12 months
24N/A
Average rent
Past 12 months
$1100$758
Change in rent
Past 12 months
19.6%6.8%

5 year median price trend for houses and units

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Currumbin Waters demographics

Currumbin Waters, located in the picturesque Gold Coast region of Queensland, offers a serene suburban lifestyle with a touch of coastal charm. Known for its lush greenery and proximity to beautiful beaches, this suburb is a haven for families and retirees seeking a peaceful yet connected community. With a median age of 42, Currumbin Waters attracts a mature demographic, including established families and individuals who appreciate the balance of nature and convenience.

The suburb's housing landscape is characterized by a high rate of home ownership, with 35.3% of properties owned outright and 42.4% owned with a mortgage. This reflects a stable community where residents are invested in their homes and the local area. The rental market is relatively small, with only 22.4% of properties being rented, indicating a preference for long-term settlement among its residents.

Family life is a significant aspect of Currumbin Waters, with 44.7% of households being couple families with children, and 36.2% being couple families without children. The presence of one-parent families, making up 17.5% of the community, adds to the suburb's diverse family dynamics. The area's appeal is further enhanced by its access to quality schools, parks, and recreational facilities, making it an ideal location for those seeking a family-friendly environment with the added benefit of coastal living.

Currumbin Waters infrastructure, key developments and investment opportunities

Currumbin Waters is experiencing steady growth with a range of residential developments complemented by established infrastructure. Recent enhancements to local schools and recreational amenities, along with proximity to Currumbin Beach and the renowned Currumbin Wildlife Sanctuary, continue to attract families seeking a balanced lifestyle. The suburb’s transport connectivity remains strong, anchored by access to major roadways, supporting easy commutes across the Gold Coast region.

Currumbin Waters’ waterways, parks, and quiet residential pockets contribute to its ongoing desirability, while the nearby employment hubs and retail centres add to local convenience. No major new infrastructure or planning changes have been announced recently, but consistent amenity upgrades and the area’s sustained popularity with families and professionals indicate ongoing demand and stable property values.

Currumbin Waters rental market trends

The rental market in Currumbin Waters has experienced significant growth, with house rents increasing by 19.6% over the past year to $1,100 per week, while unit rents have risen 6.8% to $758 per week. This coastal suburb continues to attract renters and investors alike, thanks to its desirable location and strong rental demand.

Suburbs near Currumbin Waters

Some popular suburbs near Currumbin Waters include:

How does Currumbin Waters compare to nearby suburbs?

  • Median house prices: Currumbin Waters’s median house price is 12.5% higher than Elanora’s.
  • Median unit prices: Currumbin Waters’s median unit price is 13.5% lower than Palm Beach’s.
  • House price growth: Over the past 12 months, house prices in Currumbin Waters have grown 6.9% higher than in Elanora.
  • Unit price growth: Over the past 12 months, unit prices in Currumbin Waters have grown 8.5% higher than in Elanora.
  • Selling speed for houses: Properties in Currumbin Waters are selling 29.4% faster than in Palm Beach.

Common questions about Currumbin Waters

  • Is Currumbin Waters a nice place to live?

    Currumbin Waters is a delightful suburb that offers a harmonious blend of natural beauty and suburban convenience, making it a wonderful place to live. Nestled in the southern Gold Coast, it is renowned for its lush landscapes and serene waterways, providing a tranquil setting that appeals to families and retirees alike. The suburb exudes a peaceful vibe, with a strong sense of community that is perfect for those seeking a relaxed lifestyle. Its proximity to the stunning Currumbin Creek and the famous Currumbin Beach means residents can enjoy a variety of outdoor activities, from leisurely walks to exciting water sports.

    For families, Currumbin Waters is particularly appealing due to its access to quality schools and a range of recreational facilities. The suburb's family-friendly atmosphere is complemented by local shopping centers and easy access to the Pacific Motorway, ensuring that daily conveniences are never far away. Safety is generally not a concern here, with the suburb maintaining a reputation as a secure and welcoming community.

    However, living in Currumbin Waters does come with some trade-offs. While it offers a peaceful environment, those seeking vibrant nightlife or a bustling urban scene might find it lacking. The suburb's focus is more on providing a serene residential experience rather than trendy entertainment options. Additionally, while the area is well-connected by road, public transport options may not be as extensive as in more urbanized areas, which could be a consideration for those without a car.

    Overall, Currumbin Waters is a charming suburb that offers a balanced lifestyle with its combination of natural beauty, suburban amenities, and a strong community feel. It's an ideal choice for families and individuals who value tranquility and a connection to nature, while still enjoying the conveniences of modern living.

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  • Is it expensive to live in Currumbin Waters?

    Living in Currumbin Waters can be quite costly, especially when you consider the housing market. The current median house price is a hefty $1,375,000, while units aren't much cheaper at $995,000. Renting isn't exactly a bargain either, with houses averaging $950 per week and units around $790 per week. These figures suggest that housing costs in Currumbin Waters are on the higher end.

    When you compare this to the average wage in Currumbin Waters, which is about $58,000 per year, it becomes clear that a significant portion of income would be needed to cover housing expenses. This is particularly noticeable when you consider the median total household income in the area is $1,636 per week. In comparison to other parts of Queensland, where the average wage might be slightly lower, Currumbin Waters stands out as a more expensive place to call home.

    Overall, while Currumbin Waters offers a beautiful coastal lifestyle, the cost of living, especially in terms of housing, is relatively high. If you're thinking of living in Currumbin Waters, it's important to carefully evaluate your financial situation to ensure it can accommodate the expenses associated with this desirable suburb.

    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 Currumbin Waters a good place to invest?

    Currumbin Waters is showing promising signs as a solid investment suburb, with both house and unit values experiencing significant growth over the past year. The median house value has increased by 10.4%, while units have seen an even greater rise of 11.7%. This upward trend suggests a strong demand for properties in the area, making it an attractive option for investors looking for capital growth.

    In addition to property value increases, rental yields in Currumbin Waters are also on the rise. House rents have grown by 10.1%, indicating a robust rental market that can provide steady income for investors. Although unit rents have seen a more modest increase of 3.3%, the overall rental market remains healthy, offering potential for reliable returns.

    Currumbin Waters' appeal lies in its coastal lifestyle, proximity to beautiful beaches, and a community-oriented atmosphere. These factors contribute to its desirability among both renters and buyers, ensuring continued demand. With its strong growth in property values and rental income, Currumbin Waters presents a compelling opportunity for investors seeking a balanced mix of capital appreciation and rental returns.

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Choose the right real estate agents in Currumbin Waters

Currently, there are 82 real estate agents working in Currumbin Waters—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 82 agents sold 31.4% of all properties in Currumbin Waters over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Currumbin Waters typically charge a commission of 2% to 2.94%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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