QLD / Cook (S) / 4871 / Kurrimine beach

Kurrimine Beach Property Data December 2021

Updated 15 December 2021

Kurrimine Beach Property Sales Overview

The median property value in Kurrimine Beach for December is $336,011.

Houses have increased by 0.68% for the month and decreased 0% for the year.

Rental demand is up with yields decreasing in February to 6.57%, from 6.75% in January.

The number of properties sold this quarter is down on last quarter from 7 to 3. This is down on the 5 year quarterly average of 18 indicating weaker demand.

What's the median House price in Kurrimine Beach in December 2021?

The median property value for houses in Kurrimine Beach is $336,011.

This is an increase of 0.68% ($333,738) from last month.

Median price looking back 12 months

How much does it cost to rent a House in Kurrimine Beach?

Rent prices in Kurrimine Beach are the highest they've been in 12 months at $472.

This is up 11.58% from a 12 month low of $423 in December 2020 and a 0.64% up from last month.

Rental cost looking back 12 months

What's the current rental yield in Kurrimine Beach?

Rental yields for houses in Kurrimine Beach is 6.57%.

This is up from a 12 month low of 6.56% in August 2021 and down from a 12 month high of 7.18% in January 2021.

Rental yield looking back 12 months

How many properties sold in Kurrimine Beach in February?

Total sales volume in Kurrimine Beach is 3, which is down from 7 in the previous quarter.

This is 0% stronger than the weakest quarter in the last 5 years which was Q1 2020 with 0 sales and -66.67% weaker than the strongest quarter in the past 5 years which saw 9 sales in Q4 2020.

Quarterly volume of sales looking back 5 years

How long did it take to sell a property in Kurrimine Beach in February?

21 days is the average time on market in Kurrimine Beach in December, which is the same from 21 in November and has been trending down since December 2020.

This can indicate a buyers market where sellers are finding it harder to make a sale.

Number of days on market looking back 12 months

Are properties selling below or above the listing price in Kurrimine Beach?

December sees the vendor expectation error for Kurrimine Beach at -0.1% which means, on average, places sold for -0.1% less than the listing price.

This is a great sign for buyers looking to negotiate.

It’s worth noting that in a hot market you might want to set your price expectations even higher than the -0.1% as things can move pretty quickly.

Vendor expectation error looking back 12 months
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