Suburb Profile Report for Carseldine QLD (4034)

Carseldine House: Median price $619,000, Annual capital growth 3.72%, Number of sales 94, Weekly median advertised rent $490

Carseldine Unit: Median price $358,500, Annual capital growth 2.21%, Number of sales 90, Weekly median advertised rent $395

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Carseldine, 4034 have given investors a capital gain of 3.17%. This compares averagely with the 2.44% for QLD as a whole.

If we look at median property appreciation over just the last three months, Carseldine has given property investors a paper return of -0.60%. This puts Suburb as 577 on a list of fastest fasting appreciating suburbs in QLD

Property buyers and investors in Carseldine 4034 should be seeing an average reduction in asking price of around -4.01% . This means that Carseldine is holding prices well when compared to other suburbs in QLD.

Often selling an investment property can take time, and in Carseldine the average time real estate has been on the market is 48.64 days.

Investment property in Carseldine has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -12.77%

Carseldine,4034 has offered an average of -12.77% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Carseldine are currently offering property investors an average price cut of -3.59% below the asking price at the moment.

In the last year 90 properties changed hands in Carseldine, which puts it as the 114th most active market in QLD when comparing the number of sales per suburb.

Advertised rents are around the $395 mark per week – giving a return of 5.73% based on the median price in Suburb

Information supplied by:


May 2017

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16km north of Brisbane, the suburb of Carseldine has been commanding consistent attention from buyers and tenants. The demand is evident in the suburb’s average vacancy rate, which fell from 1.82% last year to 1.66% as of the February 2017 quarter.Full summary

Convenience increases occupancy in residential suburb

Median house price: $605,000

Vacancy rate: 1.66%

Three-year growth: 18.63%

16km north of Brisbane, the suburb of Carseldine has been commanding consistent attention from buyers and tenants. The demand is evident in the suburb’s average vacancy rate, which fell from 1.82% last year to 1.66% as of the February 2017 quarter.  

House price growth in Carseldine has not been astronomical, but it has been rising in value steadily at an annual average growth rate of nearly 5%. Vendors have also been able to sell at less than 4% discount.

This mainly residential suburb thrives because it is approximately 30 minutes from the CBD, with travel being easy through the local railway station and bus stops. Even then, Carseldine is not lacking in amenities – there is a community shopping centre with a supermarket, as well as convenience stores. Moreover, the former site of the Queensland University of Technology’s Carseldine campus is up for development into an urban village.

Close
Metrics i HOUSE UNIT
$619,000 $358,500
-0.60% -2.71%
3.17% -12.77%
3.72% 2.21%
$490 $395
94 90
4.12% 5.73%
48.64 62.28

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 8745
Median household income ($/weekly) 1609
Median age of persons 41
Median housing loan repayment ($/monthly) 2171
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 854 9.8
    25-34 years 1105 12.6
    35-44 years 1145 13.1
    45-54 years 1114 12.7
    55-64 years 1073 12.3
    Others 3454 39.5
    Age Group
    Census Count Percent(%)
    Registered Married 3794 56.8
    Not Married 2461 36.8
    Defacto Relationship 428 6.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5702 67.7
    Indonesia 262 3.1
    Papua New Guinea 437 5.2
    United Kingdom 431 5.1
    Other 412 4.9
    Others 1178 14.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 173 2.1
    Christianity 6061 74.4
    Hinduism 258 3.2
    Other Religious Groups 116 1.4
    No Religion 1421 17.4
    Others 115 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 246 8.6
    $800-$999 243 8.5
    $1,500-$1,999 364 12.7
    $2,000-$2,499 350 12.2
    $2,500-$2,999 333 11.6
    Others 1323 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2836 40.2
    Not in the labour force 2476 35.1
    Employed, worked part-time 1283 18.2
    Employed, away from work 283 4.0
    Unemployed, looking for work 179 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 560 12.7
    Professionals 1090 24.8
    Technicians & trades workers 499 11.3
    Clerical & administrative workers 863 19.6
    Sales 448 10.2
    Others 937 21.3
    Occupation
    Census Count Percent(%)
    Pre-school 87 5.0
    Infants/Primary 581 33.3
    Secondary 443 25.4
    Technical or Further Educational Institution 140 8.0
    University or other Tertiary Institutions 439 25.1
    Others 56 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7119 86.8
    Semi-detached, row or terrace house, townhouse 929 11.3
    Flat, unit or apartment 146 1.8
    House or flat attached to a shop, office 4 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1212 39.4
    Being purchased 1042 33.9
    Rented 723 23.5
    Other tenure type 97 3.2
    Tenure Type
Census 2011, ABS
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