Suburb Profile Report for Carindale QLD (4152)

Carindale House: Median price $820,000, Annual capital growth 4.74%, Number of sales 210, Weekly median advertised rent $595

Carindale Unit: Median price $523,500, Annual capital growth 4.93%, Number of sales 40, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2782th in the list of Australian suburbs ordered by increase in median house value over the last year, Carindale, 4152 is in the BOTTOM 40% with a property value increase of 1.23% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Carindale has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -6.01% to buyers in Carindale at the moment, which is less than average for the rest of QLD.

On average over the past year, suburb has had 17.50 sales per month, which equates to 210 per year.

Carindale is in the bottom 40% in QLD when comparing median price capital growth over the last year. Carindale gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.15%.

Comparing Carindale,4152 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Carindale are currently offering property investors an average price cut of -2.17% below the asking price at the moment.

In the last year 40 properties changed hands in Carindale, which puts it as the 202th most active market in QLD when comparing the number of sales per suburb.

Carindale, 4152’s gross rental yield is 4.57%

Metrics i HOUSE UNIT
$820,000 $523,500
-0.30% -1.13%
1.23% -2.15%
4.74% 4.93%
$595 $460
210 40
3.77% 4.57%
56.88 55.12

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 15577
Median household income ($/weekly) 1957
Median age of persons 40
Median housing loan repayment ($/monthly) 2058
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 2126 13.6
    15-19 years 1398 9.0
    35-44 years 2056 13.2
    45-54 years 2604 16.7
    55-64 years 2078 13.3
    Others 5315 34.1
    Age Group
    Census Count Percent(%)
    Registered Married 6914 58.0
    Not Married 4492 37.7
    Defacto Relationship 516 4.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 10530 69.7
    Papua New Guinea 561 3.7
    South Africa 470 3.1
    United Kingdom 666 4.4
    Other 732 4.8
    Others 2159 14.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 333 2.3
    Christianity 11527 78.4
    Hinduism 295 2.0
    Islam 149 1.0
    No Religion 2241 15.2
    Others 167 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 503 10.8
    $2,000-$2,499 500 10.8
    $2,500-$2,999 653 14.1
    $3,000-$3,499 486 10.5
    $4,000 or more 399 8.6
    Others 2095 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4963 40.3
    Not in the labour force 3837 31.2
    Employed, worked part-time 2759 22.4
    Employed, away from work 398 3.2
    Unemployed, looking for work 350 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1306 16.1
    Professionals 2254 27.8
    Technicians & trades workers 767 9.4
    Clerical & administrative workers 1432 17.6
    Sales 956 11.8
    Others 1405 17.3
    Occupation
    Census Count Percent(%)
    Pre-school 181 4.2
    Infants/Primary 1388 32.1
    Secondary 1304 30.2
    Technical or Further Educational Institution 270 6.2
    University or other Tertiary Institutions 1102 25.5
    Others 77 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 13736 91.7
    Semi-detached, row or terrace house, townhouse 1088 7.3
    Flat, unit or apartment 154 1.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2352 46.5
    Being purchased 1882 37.2
    Rented 778 15.4
    Other tenure type 43 0.9
    Tenure Type
Census 2011, ABS
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