Suburb Profile Report for Carina QLD (4152)

Carina House: Median price $670,000, Annual capital growth 3.91%, Number of sales 135, Weekly median advertised rent $480

Carina Unit: Median price $447,500, Annual capital growth 1.04%, Number of sales 94, Weekly median advertised rent $440

  • 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

If you compare the increase in value of investment property in Carina, 4152 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 1.52%.

Carina,4152 has offered an average of 1.52% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Carina should be aiming for at least -5.94% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $480 and the average annual increase in value of a median property of 3.91%, investors should hope to achieve an overall return of 3.73%

Giving property investors a a stable capital gain of 1.70% for the last year, Carina, 4152 is the 497th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Carina comes in at number 173th in QLD.

Sellers are offering property buyers an average discount of -3.71% to buyers in Carina at the moment, which is less than average for the rest of QLD.

Often selling an investment property can take time, and in Carina the average time real estate has been on the market is 59.1667 days.

The QLD suburb of Carina, 4152 is in the Brisbane (C) local government area.

Metrics i HOUSE UNIT
$670,000 $447,500
0.00% 4.56%
1.52% 1.70%
3.91% 1.04%
$480 $440
135 94
3.73% 5.11%
50.8333333333333 59.1666666666667

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 : Balanced (H), Good (U)
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Demographics
Total population 10301
Median household income ($/weekly) 1508
Median age of persons 34
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1100 10.7
    25-34 years 1931 18.7
    35-44 years 1613 15.7
    45-54 years 1170 11.4
    55-64 years 950 9.2
    Others 3537 34.3
    Age Group
    Census Count Percent(%)
    Not Married 3425 44.4
    Registered Married 3333 43.2
    Defacto Relationship 954 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 7373 75.6
    Indonesia 133 1.4
    Papua New Guinea 497 5.1
    United Kingdom 425 4.4
    Other 462 4.7
    Others 863 8.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 162 1.7
    Christianity 6686 71.5
    Islam 114 1.2
    Other Religious Groups 110 1.2
    No Religion 2170 23.2
    Others 106 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 297 8.4
    $1,000-$1,249 315 8.9
    $1,500-$1,999 501 14.1
    $2,000-$2,499 423 11.9
    $2,500-$2,999 368 10.4
    Others 1648 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3726 46.4
    Not in the labour force 2310 28.7
    Employed, worked part-time 1431 17.8
    Employed, away from work 320 4.0
    Unemployed, looking for work 248 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 631 11.5
    Professionals 1432 26.2
    Technicians & trades workers 696 12.7
    Clerical & administrative workers 1006 18.4
    Sales 478 8.7
    Others 1227 22.4
    Occupation
    Census Count Percent(%)
    Pre-school 125 5.7
    Infants/Primary 756 34.4
    Secondary 447 20.4
    Technical or Further Educational Institution 238 10.8
    University or other Tertiary Institutions 534 24.3
    Others 96 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6849 71.1
    Semi-detached, row or terrace house, townhouse 2574 26.7
    Flat, unit or apartment 208 2.2
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1453 37.9
    Being purchased 1266 33.0
    Fully owned 1111 28.9
    Other tenure type 8 0.2
    Tenure Type
Census 2011, ABS
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