Suburb Profile Report for Carina Heights QLD (4152)

Carina Heights House: Median price $707,500, Annual capital growth 4.53%, Number of sales 59, Weekly median advertised rent $450

Carina Heights Unit: Median price $441,000, Annual capital growth -0.01%, Number of sales 79, Weekly median advertised rent $430

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

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

  • House Report
  • Unit Report

Property value increases in Carina Heights have tracked close to the QLD average of 0.78% over the last 12 months.

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

The most recent median price for Carina Heights is $707500, with sellers offering an average of -5.15% off the asking price.

Residents and property investors in Carina Heights have been waiting around 51.6667 days to sell a property.

Renters in Suburb are facing rents around $23400 per annum or $450 every week.

With a capital gain of -2.31% for the last 12 months, Carina Heights, 4152 has performed for property investments than its average annual -0.01% property growth over the last 5 years.

The five-year average increase in median property values for Carina Heights,4152 has given property investors a potential capital gain of -3.50% across each of those five years.

Carina Heights, 4152 is offering QLD ‘s 186th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.

A $430 per week rent on the median house gives suburb investors a gross yield of circa 5.07%, without taking into account capital value appreciation, which has been averaging out at -0.01%.

Metrics i HOUSE UNIT
$707,500 $441,000
3.28% 2.86%
-0.35% -2.31%
4.53% -0.01%
$450 $430
59 79
3.31% 5.07%
51.6666666666667 66.1785714285714

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

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