Suburb Profile Report for Carindale QLD (4152)

Carindale House: Median price $825,000, Annual capital growth 4.85%, Number of sales 206, Weekly median advertised rent $595

Carindale Unit: Median price $523,500, Annual capital growth 6.12%, Number of sales 45, Weekly median advertised rent $453

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Carindale has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.23%

Across a shorter period, Carindale, 4152 has seen a median price increase of -0.06% 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 -7.32% offered to property buyers. Sellers in Carindale itself are offering an average vendor discount of -5.70% to real estate investors.

At number 676 in a list of fastest selling suburbs, Carindale is in the TOP 20% of suburbs in Australia with an average of days on market 54.59 for properties listed there.

Situated 9.81km from the CBD, Carindale is one of Brisbane localities in the postcode 4152.

QLD has seen average median house prices change by 0.98% which means that Carindale, 4152 has done well for property investors by showing a capital gain of -2.06% over the last year

If we look at median property appreciation over just the last three months, Carindale has given property investors a paper return of -6.18%. This puts Suburb as 329 on a list of fastest fasting appreciating suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Carindale is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 312th in terms of most discounted suburbs in QLD

Carindale is 307th on a list of best yielding suburbs for rents in QLD with a 4.49% return

HOUSE UNIT
$825,000 $523,500
-0.06% -6.18%
5.23% -2.06%
4.85% 6.12%
$595 $453
206 45
3.75% 4.49%
54.59 59.8

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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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