Suburb Profile Report: Currimundi
Suburb Profile: Currimundi – A Coastal Haven on the Sunshine Coast
Currimundi, located on the Sunshine Coast, is a stunning coastal suburb that blends natural beauty, family-friendly amenities, and rich Indigenous heritage. Known for its tranquil lake and surf-friendly beach, Currimundi offers a relaxed lifestyle that attracts families, retirees, and investors alike. The name “Currimundi,” derived from Indigenous language, means “place of flying foxes,” reflecting the suburb's connection to nature and its unique environmental surroundings.
Natural Beauty and Outdoor Activities
Currimundi’s key attraction is its picturesque lake, which flows directly into a pristine beach. The lake’s calm waters are ideal for swimming, paddling, and family outings, while the surrounding parks and walking trails provide perfect spots for picnics, bushwalking, and nature exploration. For those who love water sports, Currimundi Lake is perfect for kayaking, canoeing, and even fishing. The Currimundi Lake Conservation Park preserves the area’s natural beauty, offering visitors opportunities for birdwatching, hiking, and enjoying the region’s wildflowers.
Community and Lifestyle
Currimundi is renowned for its laid-back, coastal lifestyle, making it a highly desirable location for families and retirees. The suburb has a strong community atmosphere, with local shops, cafes, schools, and recreational facilities ensuring a convenient lifestyle for residents. With a population of 6,570 (as of 2021), Currimundi appeals to families and professionals who seek a relaxed yet active lifestyle. The median age of residents is 45 years, and households typically consist of couples (42.4%) and families (39.1%), reflecting the suburb’s family-friendly appeal.
Key Takeaways
Population: 6,570 (2021)
Suburb Size: 3.6 square kilometres
Median Age: 45 years
Household Composition: 42.4% couples, 39.1% families
Median Household Income: $1,467 per week
Lifestyle: Coastal, outdoor-focused living with local amenities, parks, and beaches
Currimundi Real Estate Market Overview
The real estate market in Currimundi is highly competitive due to its prime coastal location and strong demand from both local and interstate buyers. With steady property value growth, Currimundi is an attractive option for homebuyers and investors looking for a lifestyle change or investment opportunity on the Sunshine Coast. Proximity to major urban centres such as Caloundra and Brisbane further enhances the suburb’s appeal.
Property Values and Market Trends
Median Property Prices (2023): $904,500 for houses, $645,000 for units
Rental Market: Houses rent for around $710 per week (4.0% yield), and units for $590 per week (4.1% yield)
Annual Growth: Houses have seen a 7.0% growth rate, and units have increased by 3.2% annually
Housing Options in Currimundi
Currimundi offers a variety of housing options, including modern single-family homes, townhouses, and beachfront apartments. Many homes are designed to take full advantage of the coastal climate, with open-plan layouts, outdoor living spaces, and modern amenities. The suburb is also seeing new developments, particularly in revitalising areas, providing additional opportunities for buyers and investors.
Investing in Currimundi Property
Investing in Currimundi real estate is a sound decision, thanks to the suburb’s steady capital growth, high rental demand, and appeal as a holiday destination. Investors can benefit from strong rental yields, particularly for properties near the beach or with unique lifestyle features. Currimundi’s popularity among holidaymakers also opens opportunities for short-term rentals, further enhancing its investment potential.
Rental Yields and Returns
Median Weekly Rent: $710 per week for houses, $590 per week for units
Rental Yields: 4.0% for houses, 4.1% for units
Annual Growth: 7.0% for houses, 3.2% for units
Conclusion
Currimundi stands out as a premier coastal suburb on the Sunshine Coast, offering a blend of natural beauty, community spirit, and a thriving real estate market. Whether you’re looking to buy a new home or invest in property, Currimundi provides excellent opportunities for both lifestyle and financial growth. The suburb’s family-friendly environment, strong rental yields, and ongoing developments make it a top choice for homebuyers and investors.
For expert advice and personalised service in Currimundi’s real estate market, contact Keeta Gibson at Ocean Buyers Agency today.
Currimundi FAQ
What makes Currimundi a desirable place to live?
Currimundi offers a unique combination of stunning coastal views, a serene lake, and a relaxed beach lifestyle. Residents enjoy easy access to both the beach and parks, with plenty of outdoor activities such as swimming, paddling, and nature walks. The strong community atmosphere and family-friendly amenities make it an ideal suburb for families and retirees.
What is the population and size of Currimundi?
Currimundi has a population of 6,570 (as of 2021) and spans 3.6 square kilometres.
What is the median age of residents in Currimundi?
The median age of Currimundi residents is 45 years.
What types of housing are available in Currimundi?
Currimundi offers a variety of housing, including single-family homes, modern townhouses, and beachfront apartments. Many homes are designed with open-plan layouts and outdoor living areas to make the most of the coastal environment.
What is the median household income in Currimundi?
The median household income in Currimundi is $1,467 per week.
How is the real estate market in Currimundi?
Currimundi’s real estate market is competitive, with strong demand from buyers. The suburb has seen steady growth in property values, with median prices for houses at $904,500 and units at $645,000.
What are the rental yields in Currimundi?
Rental yields in Currimundi are attractive for investors, with houses yielding 4.0% and units yielding 4.1%. Median weekly rents are approximately $710 for houses and $590 for units.
Are there new developments in Currimundi?
Yes, Currimundi is seeing new developments in areas undergoing revitalization, offering potential for both homebuyers and investors.
What amenities are available in Currimundi?
Currimundi offers a range of local amenities, including shops, cafes, schools, and medical facilities. The suburb’s well-maintained parks and beaches enhance the lifestyle for residents.
How can I learn more about Currimundi’s real estate market?
For the latest information on Currimundi’s real estate market, visit RealEstate.com.au.
Sources:
https://abs.gov.au/census/find-census-data/quickstats/2021/
https://profile.id.com.au/sunshine-coast/migration
https://www.microburbs.com.au/Qld/Sunshine-Coast-Regional-Council
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