Currajong
All four SEIFA indexes place Currajong in decile 2 nationally, making it one of Townsville's more affordable pockets, yet that affordability comes alongside a 14.5% vacancy rate that signals genuine softness in local demand. The estimated median house price of $349,000 sits well below national averages, and household incomes land at the 42.3rd percentile. Population has declined 6.4% over the past decade, losing roughly 9 residents per year on trend, while internal migration runs at a net negative 34 annually. Healthcare employs 20.8% of local workers, anchoring the suburb's economy to Townsville's hospital precinct rather than private sector growth.
Population
2,490
Median Age
39.0
Household IncomeiMedian weekly household income (ABS Census)
$1,429/wk
DAs (12 months)iDevelopment Applications lodged in the past year
3
Median House
$349K
Estimated from rent (2025)
At an estimated $349,000 median, Currajong is priced well below national and Queensland state medians, giving first-home buyers and downsizers real purchasing power without competing against premium market pressure. Monthly mortgage repayments average $1,300, and the mortgage-to-income ratio sits at 21.0%, comfortably below the 30% stress threshold. Separate houses dominate at 77.8% of dwellings, with three-bedroom homes the most common at 47.3% of stock and four-plus bedroom at 20.6%, so buyers have good choice in family-sized detached homes. Semi-detached options make up 17.4%, and apartments are rare at 2.3%. The main caution is the elevated 14.5% vacancy rate, which points to softer underlying demand than the low price alone would suggest.
For Buyers
At an estimated $349,000 median, Currajong is priced well below national and Queensland state medians, giving first-home buyers and downsizers real purchasing power without competing against premium market pressure. Monthly mortgage repayments average $1,300, and the mortgage-to-income ratio sits at 21.0%, comfortably below the 30% stress threshold. Separate houses dominate at 77.8% of dwellings, with three-bedroom homes the most common at 47.3% of stock and four-plus bedroom at 20.6%, so buyers have good choice in family-sized detached homes. Semi-detached options make up 17.4%, and apartments are rare at 2.3%. The main caution is the elevated 14.5% vacancy rate, which points to softer underlying demand than the low price alone would suggest.
For Investors
The 36.4% renter share provides a workable tenant base, and weekly rent of $270 keeps affordability accessible for tenants, though gross yield against the $349,000 median is modest at around 4.0%. The 14.5% vacancy rate is the key constraint for investors; it ranks as high by Queensland standards and signals a supply-demand imbalance that can pressure rents. Rent grew 10.0% over the measured period, which offers some encouragement, but population is shrinking at roughly 28 persons per year on trend, limiting natural demand growth. Net overseas migration of 32 annually partially offsets the internal outflow of 34 people per year. Only 1 development application was lodged in the past 12 months, so new competing supply is not the immediate issue.
Development Activity
Total DAs
3
Last 12 Months
3
YoY ChangeiYear-over-year change in DA lodgements
—
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Currajong iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Marian Catholic School
Prep-6 · 374 students
Demographics
Currajong's median age of 39 sits 1.0 year below the national figure, positioning the suburb as marginally younger than the Australian average. The overseas-born share is 11.9%, which is 9.7 percentage points below the national rate, reflecting an Anglo-Celtic concentration: English ancestry leads at 929 residents, followed by Irish (285) and Scottish (268). University qualifications reach 21.8%, which is 8.3 points below the national figure, consistent with a decile 2 IEO score for education and occupation outcomes. Average household size is 2.3, marginally below the national average. Volunteering participation is 14.6%, and 7.0% of residents (161 people) need daily assistance, a meaningful share relative to the suburb's 2,490 population.
Age Distribution
Bedrooms
Dwelling Structure
77.8%
Houses
17.4%
Townhouse
2.3%
Apartment
Tenure
Tenure splits with 26.4% owning outright, 37.2% on a mortgage and 36.4% renting, giving the suburb a roughly even three-way divide. The high mortgage-holder share relative to outright owners suggests the suburb attracts working-age buyers still paying down debt rather than established wealth. Separate houses account for 77.8% of stock, above state norms for inner urban areas, while apartments are just 2.3%. Three-bedroom homes are the dominant configuration at 47.3%, and four-plus bedroom dwellings at 20.6% cater to families needing more space. The rent-to-income ratio of 18.9% means renters face no financial stress by standard measures. The 14.5% vacancy rate across this detached-dominant stock indicates more supply than current demand requires, likely because population decline has been steady over the past decade.
Mortgage / mo
$1,300
Rent / wk
$270
HH Size
2.3
Personal Income / wk
$809
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
14.5%
Unoccupied
170
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
18.9%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
21.0%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
25.9%
Couples, no children
1,793
Total families
Economy & Employment
Healthcare is the largest employing industry at 20.8% of workers (164 people), reflecting Currajong's proximity to Townsville's public hospital infrastructure. Construction follows at 12.6% (99 workers), then Education at 11.6% (91), Public Administration at 11.2% (88) and Retail at 7.6% (60). By occupation, Professionals lead at 207 workers, followed by Community and Personal Service (170) and Clerical and Admin (164). The unemployment rate of 6.3% is above typical national averages, and the participation rate of 58.3% is low, with 623 residents not in the labour force. All four SEIFA deciles score 2, the second-lowest nationally, pointing to below-average income, education, and economic resources relative to most Australian suburbs. Real incomes did grow 4.4% over the decade, a modest but positive sign.
Unemployment
10.1%
Labour Force
3,912
Unemployed
394
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
66.6%
Part-time
27.1%
Participation
58.3%
Employed
1,101
Occupations
Top Industries
University
21.8%
Postgraduate
3.4%
Born Overseas
11.9%
Dwellings
995
Transport to Work
Car dependence is high at 87.9% of residents commuting by private vehicle, compared with just 1.1% using public transport, making personal transport a practical necessity. Walking and cycling account for 3.6%. No schools are recorded within the suburb boundary, so families depend on institutions in neighbouring Townsville suburbs. Crime data is not available for Currajong in this dataset, though the decile 2 IRSAD score nationally indicates relatively higher disadvantage than most suburbs, which generally correlates with elevated crime exposure. Rent-to-income at 18.9% and mortgage-to-income at 21.0% both sit well below stress thresholds, meaning housing costs are manageable day-to-day for most households. The 14.6% volunteering rate signals active community participation despite the lower socioeconomic profile.
Drive
87.9%
Public Transport
1.1%
Walk / Cycle
3.6%
Work from Home
N/A
Population Forecast
-0.36%/yr
(-28 people/yr)
EstablishedPopulation declined 6.4% over the past decade and continues falling at a trend rate of 0.36% per year, or roughly 28 fewer residents annually. Medium forecasts project the broader SA2 population shrinking from 7,872 to 7,569 by 2031. The migration picture is balanced but lean: overseas arrivals average 32 per year while internal departures average 34, leaving no natural growth driver. Affordability has improved, with the housing-cost-to-income ratio moving from 42.6% in 2011 to 36.5% in 2021, which may gradually attract buyers priced out of other Townsville suburbs. Gentrification scores zero with no active signals, and the trajectory is classified as mixed, meaning there is no identifiable catalyst yet pushing the suburb toward a growth phase.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+32
Net Internal / yr
-34
Gentrification Signal
Not gentrifying
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Currajong compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Currajong a good suburb to live in?
Currajong scores decile 2 on all four SEIFA indexes nationally, indicating below-average socioeconomic advantage compared to most Australian suburbs. Housing affordability is genuine, with a $349,000 estimated median and mortgage-to-income at 21.0%, well below stress levels. The trade-offs include a 14.5% vacancy rate, a 6.3% unemployment rate and limited public transport, with 87.9% of residents relying on private vehicles.
What is the median house price in Currajong?
The estimated median house price is $349,000 as of 2025, well below Queensland and national medians. Monthly mortgage repayments average $1,300, and rent averages $270 per week. The mortgage-to-income ratio of 21.0% means repayments consume a manageable share of local incomes.
What schools are in Currajong?
No schools are recorded within the Currajong suburb boundary in this dataset. Families rely on schools in surrounding Townsville suburbs. Local university qualification rates sit at 21.8%, which is 8.3 percentage points below the national figure.
Is Currajong safe?
Specific crime statistics are not available for Currajong in this dataset. As a contextual indicator, the suburb scores decile 2 on the IRSD index of relative disadvantage nationally, placing it in the lower socioeconomic tier where crime rates tend to be higher than the Australian average. Around 7.0% of the 2,490 residents (161 people) need daily assistance.
Is Currajong good for property investment?
Weekly rent of $270 against a $349,000 median implies a gross yield near 4.0%, moderate by Queensland standards. The 14.5% vacancy rate is high and signals demand softness. Population is shrinking at 28 persons per year on trend, which limits rental demand growth, though rent did grow 10.0% over the measured period. Low supply pressure, with only 1 DA lodged in 12 months, may help stabilise rents.
How is Currajong's population changing?
Population has declined 6.4% over the past decade, falling at roughly 0.36% per year. The current trend projects a continued decline through to 2031. Net internal migration runs at negative 34 per year while overseas arrivals add 32, leaving overall migration near neutral. The suburb is classified as not gentrifying with no active signals of demographic change.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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