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Currumbin Waters suburb profile

Currumbin Waters is a picturesque suburb located in the southern part of the Gold Coast, Queensland, known for its tranquil environment and natural beauty. Nestled near the Currumbin Creek, it offers residents a serene lifestyle with easy access to stunning beaches and lush hinterlands. The suburb is popular among families and retirees, featuring a mix of spacious homes and modern developments. Currumbin Waters boasts a strong community spirit, with local amenities such as schools, parks, and shopping centers enhancing its appeal. Its proximity to the vibrant Currumbin Beach and wildlife sanctuary adds to its charm, making it a desirable location for those seeking a balanced coastal lifestyle.

Currumbin Waters property market performance

Current median dwelling price$1,241,250Past 3 months

Property growth+20.7%Past 12 months

Currumbin Waters has experienced significant growth in its property market over the past 12 months. House values have surged by 19.3%, with the current median house price reaching $1.64 million. Although unit values have also increased by 17%, the median unit price is not available, indicating limited data in this segment.

Sales activity has been moderate, with 31 houses and 5 units sold in the past year. Houses are selling quickly, with a median of just 21 days on the market, while units are moving even faster at 8 days, reflecting strong demand.

The rental market in Currumbin Waters has also seen notable changes, with house rents increasing by 12.2% to an average of $1,100, while unit rents have risen by 3.4% to $750, suggesting a robust demand for rental properties, particularly houses.

HousesUnits
Median price
Past 3 months
$1.55MN/A
Change in value
Past 12 months
19.4%22.1%
Sold
Past 3 months
336
Median days on market
Past 12 months
217
Average rent
Past 12 months
$1100$750
Change in rent
Past 12 months
12.2%N/A

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, is a suburb that offers a serene lifestyle with a touch of coastal charm. Known for its lush greenery and proximity to beautiful beaches, it is an ideal location for families and retirees seeking a peaceful environment. The median age of 42 suggests a mature community, with many residents enjoying the balance of tranquility and accessibility to urban amenities.

The suburb's housing market is characterized by a high rate of home ownership, with 35.3% of properties owned outright and 42.4% owned with a mortgage. This indicates a stable community with long-term residents who have invested in the area. The rental market, comprising 22.4% of properties, caters to those seeking flexibility, including young families and professionals.

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 at 17.5% adds to the suburb's diverse family dynamics. The community's appeal is further enhanced by its proximity to schools, parks, and recreational facilities, making it a desirable location for those looking to enjoy a balanced lifestyle amidst natural beauty.

Currumbin Waters infrastructure, key developments and investment opportunities

Currumbin Waters continues to benefit from its coastal setting, creek frontage and proximity to the southern Gold Coast lifestyle corridor, which supports ongoing buyer interest. The suburb also sits close to major health services and established everyday amenities, adding to its convenience for families and downsizers.

At this time, there are no major publicly noted redevelopments, transport upgrades or school projects in Currumbin Waters that appear likely to materially change the property market in the near term. Demand is more likely to be shaped by the suburb’s established livability, limited supply and appeal to buyers seeking a quieter coastal location. The broader Gold Coast market remains an important influence on local price and rental trends.

Currumbin Waters rental market trends

The rental market in Currumbin Waters has experienced notable growth, with house rents increasing by 12.2% over the past year to $1,100 per week, while unit rents have seen a modest rise of 3.4% to $750 per week. This suburb continues to attract interest due to its appealing lifestyle and proximity to natural attractions, making it a desirable location for both renters and investors.

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 4.0% higher than Tugun’s.
  • Median unit prices: Currumbin Waters’s median unit price is 32.0% higher than Elanora’s.
  • House price growth: Over the past 12 months, house prices in Currumbin Waters have grown 5.5% higher than in Tugun.
  • Unit price growth: Over the past 12 months, unit prices in Currumbin Waters have grown 3.9% higher than in Tugun.
  • Selling speed for houses: Properties in Currumbin Waters are selling 12.5% faster than in Tugun.
  • Selling speed for units: Properties in Currumbin Waters are selling 58.8% faster than in Tugun.

Common questions about Currumbin Waters

  • Is Currumbin Waters a nice place to live?

    Currumbin Waters is a delightful suburb that offers a serene and charming lifestyle, making it a wonderful place to call home. Known for its lush greenery and tranquil atmosphere, this suburb provides a peaceful retreat from the hustle and bustle of city life. Families will find Currumbin Waters particularly appealing due to its strong community spirit and the abundance of local amenities, including schools, parks, and shopping centers. The suburb's proximity to the stunning beaches of the Gold Coast and the picturesque hinterlands adds to its allure, offering residents the perfect blend of coastal and natural beauty.

    The vibe in Currumbin Waters is relaxed and welcoming, with a community that values a balanced lifestyle. While it may not have the vibrant nightlife of more urban areas, it compensates with a rich sense of community and a focus on outdoor activities. Residents can enjoy leisurely days at nearby beaches, explore the local parks, or take advantage of the recreational facilities available. Safety is generally not a major concern, contributing to the suburb's appeal for families and retirees alike.

    However, living in Currumbin Waters does come with some trade-offs. While the suburb offers a peaceful environment, those seeking a more dynamic urban experience might find it a bit too quiet. Additionally, the lack of major transport upgrades or redevelopment projects means that while the suburb maintains its charm, it may not experience significant growth in amenities or infrastructure in the near future. Despite these trade-offs, Currumbin Waters remains a desirable location for those who prioritize a tranquil lifestyle amidst natural beauty and a strong sense of community.

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  • Is it expensive to live in Currumbin Waters?

    Living in Currumbin Waters on the Gold Coast can be quite expensive, especially when it comes to housing. The current median house price is $1,635,000, which is significantly higher than many other areas. If you're looking to rent, houses average about $1,100 per week, while units, although not as prevalent, would likely be more affordable if available, with average rents around $750 per week.

    When you compare this with the average full-time wage in Queensland, which is approximately $95,000 per year, it's clear that a substantial portion of one's income would be needed to cover housing costs in Currumbin Waters. The median total household income in the suburb is $1,636 per week, suggesting that many residents might have dual incomes to afford the higher living expenses.

    Overall, while Currumbin Waters offers a beautiful coastal lifestyle with its stunning beaches and laid-back vibe, the cost of living, particularly in terms of housing, is on the higher side. If you're thinking of living in Currumbin Waters, it's important to consider whether your financial situation can comfortably accommodate these expenses.

    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 strong potential as an investment suburb, with impressive growth in both house and unit values over the past year. The median house value has jumped by 19.3%, while units have seen a 17.0% increase. This indicates a robust demand for properties in the area, which is a positive sign for investors looking for capital growth.

    In addition to property value increases, rental returns in Currumbin Waters are also on the rise. House rents have surged by 12.2%, suggesting a strong rental market, which is great for investors seeking steady rental income. Although unit rents have only increased by 3.4%, the overall trend still points to a healthy demand for rental properties.

    Overall, Currumbin Waters offers a promising mix of capital growth and rental income potential. Its recent performance in both property values and rental returns makes it an attractive option for investors looking to tap into a thriving market. With its appealing lifestyle and proximity to the coast, Currumbin Waters is well-positioned to continue attracting both buyers and renters, ensuring ongoing demand and investment potential.

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Choose the right real estate agents in Currumbin Waters

Currently, there are 85 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 85 agents sold 32.4% 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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