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Currambine is a suburb in City of Joondalup, Australia with 6912 residents. The median house price is $750K with a rental yield of 4.5%. Our analysis rates Currambine with a suburb score of 45/100 for investment timing.
Property price growth in this suburb is expected to slow down. Capital growth forecasts suggest this may not be the optimal time to invest in this area. Consider waiting for better market conditions.
45
out of 100
Suburb Score
9
investors
Low Days of Supply
Low Owner Occupier Levels
Buying Window: Strong investment potential with prices forecast to outperform the market average over 1-3 years. Key indicators signal favorable conditions for capital growth.
Upswing: Prices are rising and capital growth momentum is positive. While the early buying opportunity has passed, the market continues to show strength.
Consolidating: Prices may grow below average in the short term. Rental growth could also slow during this phase. Consider monitoring market indicators before investing.
Peak: Price growth is expected to slow down. Capital growth forecasts suggest this may not be the optimal time to invest. Consider waiting for better conditions.
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia — all in the one place. We do not include sub-division, house and land packages, or individual lots/land that is for sale.
Suburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Currambine has a suburb score of 45/100 for investment timing, placing it in the emerging investment category. While current market conditions in Currambine suggest a cautious approach, there may be specific property types or price points that offer value. We recommend detailed due diligence on individual properties and monitoring Currambine's market trends.
Currambine's capital growth outlook is variable based on current market indicators. Capital growth in Currambine may be uneven and dependent on broader market conditions. We recommend focusing on properties with strong individual characteristics such as location, land size, and development potential.
Currambine is located within City of Joondalup Local Government Area in Australia. City of Joondalup encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Currambine is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Currambine is $750K based on recent sales data. This median price positions Currambine as a mid-market suburb in City of Joondalup, balancing accessibility for investors with capital growth potential.
Currambine has an average rental yield of 4.5%, which is around the national average for Australian property. This balanced yield suggests Currambine offers a reasonable income return while still providing capital growth potential typical of established suburbs in Australia.
Currambine has a population of approximately 6912 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Currambine is a medium-sized suburb with a balanced community feel and access to local services.
Currambine's suburb score of 45/100 can be compared against other suburbs in City of Joondalup to identify relative investment value. Currambine's current score suggests other suburbs in City of Joondalup may offer better investment timing at present. Use our suburb comparison tools to identify the highest-scoring alternatives in the area. Compare all suburbs in City of Joondalup using our platform to find the best investment opportunities.
