Suburb Profile Report for Carina Heights QLD (4152)

Carina Heights House: Median price $715,000, Annual capital growth 7.35%, Number of sales 88, Weekly median advertised rent $440

Carina Heights Unit: Median price $449,500, Annual capital growth 2.54%, Number of sales 93, Weekly median advertised rent $425

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

Source: CoreLogic

  • House Report
  • Unit Report

Carina Heights is in the TOP 10% in QLD when comparing median price capital growth over the last year. Carina Heights gave property investors a very good capital gain figure when compared to the rest of the state, with 20.42%.

Across a shorter period, Carina Heights, 4152 has seen a median price increase of 0.92% over the last quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Carina Heights itself are offering an average vendor discount of -3.53% to real estate investors.

Situated 7.56km from the CBD, Carina Heights is one of Brisbane localities in the postcode 4152.

Carina Heights has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.00% to date .

Taking the average capital gain, or increase in median house value, Carina Heights,4152 has racked up an average of -6.00% over the period. This ranks it number 1247th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Carina Heights should be aiming for at least -4.40% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 93 properties changed hands in Carina Heights, which puts it as the 107th most active market in QLD when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $5100 per annum or $425 every week.

HOUSE UNIT
$715,000 $449,500
0.92% -1.43%
20.42% -6.00%
7.35% 2.54%
$440 $425
88 93
3.20% 4.92%
35.09 64.82

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 6111
Median household income ($/weekly) 1385
Median age of persons 35
Median housing loan repayment ($/monthly) 2149
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 616 10.1
    25-34 years 1136 18.6
    35-44 years 844 13.8
    45-54 years 744 12.2
    55-64 years 681 11.1
    Others 2089 34.2
    Age Group
    Census Count Percent(%)
    Not Married 2263 48.0
    Registered Married 1931 41.0
    Defacto Relationship 519 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4419 74.8
    Lebanon 81 1.4
    Papua New Guinea 263 4.5
    United Kingdom 229 3.9
    Other 315 5.3
    Others 601 10.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 94 1.7
    Christianity 4089 72.3
    Islam 100 1.8
    Other Religious Groups 65 1.1
    No Religion 1253 22.2
    Others 53 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 187 8.4
    $1,250-$1,499 189 8.5
    $1,500-$1,999 251 11.3
    $2,000-$2,499 246 11.1
    $2,500-$2,999 212 9.5
    Others 1135 51.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2149 43.8
    Not in the labour force 1451 29.6
    Employed, worked part-time 949 19.3
    Employed, away from work 193 3.9
    Unemployed, looking for work 164 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 391 11.9
    Professionals 849 25.8
    Technicians & trades workers 434 13.2
    Clerical & administrative workers 569 17.3
    Sales 320 9.7
    Others 725 22.0
    Occupation
    Census Count Percent(%)
    Pre-school 62 4.6
    Infants/Primary 419 31.0
    Secondary 307 22.7
    Technical or Further Educational Institution 156 11.5
    University or other Tertiary Institutions 357 26.4
    Others 51 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4005 68.8
    Semi-detached, row or terrace house, townhouse 1336 22.9
    Flat, unit or apartment 484 8.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1053 44.1
    Being purchased 714 29.9
    Fully owned 615 25.7
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
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