Suburb Profile Report for Carseldine QLD (4034)

Carseldine House: Median price $640,000, Annual capital growth 2.72%, Number of sales 88, Weekly median advertised rent $495

Carseldine Unit: Median price $375,000, Annual capital growth 0.84%, Number of sales 57, Weekly median advertised rent $420

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
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Property investors who have had real estate in Carseldine, 4034 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.95%

Taking the average capital gain, or increase in median house value, Carseldine,4034 has racked up an average of 1.95% over the period. This ranks it number 2197th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Carseldine are currently offering property investors an average price cut of -3.16% below the asking price at the moment.

At number 219 in a list of fastest selling suburbs, Carseldine is in the TOP 10% of suburbs in Australia with an average of days on market 45.4706 for properties listed there.

The QLD suburb of Carseldine, 4034 is in the Brisbane (C) local government area.

Over the last year, property investments in Carseldine, 4034 have given investors a capital gain of 17.65%. This compares very favourably with the -0.13% for QLD as a whole.

A -5.78% growth in median value for property investors in Carseldine,4034 puts this suburb at number 122th in terms of best performing suburbs in QLD

Property investors looking for a bargain in Carseldine should be aiming for at least -5.53% off the asking price, which is the average vendor discount being achieved at the moment.

At number 191 in a list of fastest selling suburbs, Carseldine is in the TOP 20% of suburbs in Australia with an average of days on market 57.0357 for properties listed there.

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Carseldine, QLD – The future looks bright

Postcode: 4034

Median unit price: $380,000

Three-year growth: -7%

Rental yield: 6%

About half an hour’s drive from the Brisbane CBD is the suburb of Carseldine, which is bordered by Bald Hills.

This mainly residential suburb is home to three Bunnings Warehouse stores, which have been integrated into the Carseldine Homemaker Centre. Another shopping centre contains a Woolworths. The former campus of the Queensland University of Technology on Beams Road has been earmarked for redevelopment into the Carseldine Urban Village, which will have several residential properties in addition to commercial and retail establishments.

Commuters can travel from Carseldine railway station to the CBD and the northern suburbs.

Metrics i HOUSE UNIT
$640,000 $375,000
-1.54% 0.27%
1.95% 17.65%
2.72% 0.84%
$495 $420
88 57
4.02% 5.82%
45.4705882352941 57.0357142857143

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Very good (U)
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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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