Suburb Profile Report for Carindale QLD (4152)

Carindale House: Median price $850,000, Annual capital growth 3.26%, Number of sales 183, Weekly median advertised rent $595

Carindale Unit: Median price $455,000, Annual capital growth -0.42%, Number of sales 25, Weekly median advertised rent $465

  • 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.

  • House Report
  • Unit Report

With a capital gain of -3.41% for the last 12 months, Carindale, 4152 has performed for property investments than its average annual 3.26% property growth over the last 5 years.

The five-year average increase in median property values for Carindale,4152 has given property investors a potential capital gain of 21.43% across each of those five years.

Vendor discounting in Carindale is giving property investors an average Vendor Discount of around -7.07%. This puts suburb at number 265th in QLD when ranking the most discounted suburbs.

Carindale, 4152’s gross rental yield is 3.64%

QLD has seen average median house prices change by -0.13% which means that Carindale, 4152 has not done well for property investors by showing a capital gain of 1.68% over the last year

Carindale,4152 was ranked 1008 in Australia by increase in median property value over the quarter.

On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.

With the median price for a house in Carindale being $455000 and the advertised rent reaching $465 the gross rental yield for property investors calculates out to be 5.31%

Metrics i HOUSE UNIT
$850,000 $455,000
0.12% -1.89%
-3.41% 1.68%
3.26% -0.42%
$595 $465
183 25
3.64% 5.31%
66.3105590062112 69.8888888888889

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), Good (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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