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Carina suburb profile

Carina is a well-established suburb located approximately 7km east of Brisbane's CBD, known for its family-friendly atmosphere and convenient amenities. The area features a mix of post-war homes and modern residences, offering a diverse range of housing options. Carina is popular among families and professionals due to its proximity to quality schools, parks, and sporting facilities. The suburb is well-serviced by public transport and offers easy access to major shopping centres, including Westfield Carindale. With its blend of suburban tranquility and urban convenience, Carina remains a desirable location for those seeking a balanced lifestyle.

Carina property market performance

Current median dwelling price$1,150,000Past 3 months

Property growth+14.6%Past 12 months

Carina's property market has experienced significant growth over the past 12 months, with house values increasing by 17.6% and unit values rising by 10.9%. The median house price has reached $1.31 million, while the median unit price stands at $1 million, indicating strong demand across both property types.

Sales activity has been robust, with 67 houses and 16 units sold over the past 12 months. Properties are moving quickly, with houses spending a median of just 16 days on the market and units even faster at 9 days, reflecting high buyer interest.

The rental market in Carina has seen modest changes, with house rents increasing by 1.4% to an average of $750, while unit rents have remained stable at $630, suggesting a steady demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$1.30MN/A
Change in value
Past 12 months
17.6%11.6%
Sold
Past 3 months
549
Median days on market
Past 12 months
1610
Average rent
Past 12 months
$750$630
Change in rent
Past 12 months
N/AN/A

5 year median price trend for houses and units

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Carina demographics

Carina, a suburb located in the eastern part of Brisbane, offers a balanced lifestyle with its mix of urban convenience and suburban tranquility. With a population of 11,678 and a median age of 37, Carina is home to a diverse community that includes families, professionals, and retirees. The suburb's proximity to the Brisbane CBD, along with its parks and recreational facilities, makes it an attractive place for those seeking a family-friendly environment with easy access to city amenities.

The housing landscape in Carina is varied, with a significant portion of properties being owned outright (26.7%) or with a mortgage (39.1%), indicating a stable residential base. Additionally, 34.2% of the properties are rented, catering to those who prefer flexibility or are new to the area. This mix of ownership and rental options reflects Carina's appeal to both long-term residents and newcomers.

Family dynamics in Carina are diverse, with couple families with children making up 41.3% of the households, while couple families without children account for 39.0%. One-parent families represent 17.4% of the community, highlighting the suburb's inclusive nature. The median total household income of $2,064 per week suggests a comfortable standard of living, supported by the suburb's access to quality schools, shopping centers, and public transport. Carina's blend of community spirit, convenience, and lifestyle amenities makes it a desirable location for a wide range of residents.

Carina infrastructure, key developments and investment opportunities

Carina is benefiting from nearby retail and mixed-use upgrades along Old Cleveland Road and in adjacent centres like Carindale, which are improving local shopping, dining and employment options and supporting buyer demand in the area. Improvements to local parks, sporting facilities and community amenities continue to enhance the suburb’s family appeal and walkability, which typically underpins steady interest from owner-occupiers and investors.

Good access to bus routes into the CBD and proximity to major road corridors helps maintain Carina’s attractiveness for commuters, with transport connectivity a key driver of both rental and resale demand. There are no widely publicised, large-scale new infrastructure or school projects specific to Carina at this time, so the property market is currently being shaped more by incremental amenity upgrades and broader growth in surrounding suburbs than by any single transformative development.

Carina rental market trends

The rental market in Carina has shown stability, with house rents experiencing a modest increase of 1.4% over the past year to $750 per week, while unit rents have remained steady at $630 per week. This stability, combined with Carina's appealing suburban lifestyle and proximity to Brisbane, makes it an attractive option for renters seeking value and convenience.

Suburbs near Carina

Some popular suburbs near Carina include:

How does Carina compare to nearby suburbs?

  • Median house prices: Carina’s median house price is 7.1% lower than Carina Heights’s.
  • Median unit prices: Carina’s median unit price is 22.4% higher than Camp Hill’s.
  • House price growth: Over the past 12 months, house prices in Carina have grown 3.5% higher than in Camp Hill.
  • Unit price growth: Over the past 12 months, unit prices in Carina have grown 4.6% higher than in Camp Hill.
  • Selling speed for houses: Properties in Carina are selling 15.8% faster than in Carina Heights.
  • Selling speed for units: Properties in Carina are selling 9.1% faster than in Carina Heights.
  • Investment considerations: In Carina, the rental yield for house is 5.8% higher than the Brisbane average, while the rental yield for units is 3.5% lower.
  • House price growth: Over the past 12 months, house prices in Carina have grown 6.6% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Carina have grown 16.6% higher than the average rate of growth for units across Brisbane.

Common questions about Carina

  • Is Carina a nice place to live?

    Carina is a charming suburb that offers a delightful blend of suburban tranquility and urban convenience, making it a lovely place to call home. Known for its welcoming atmosphere, Carina is a suburb that truly caters to families, providing a safe and nurturing environment. The area is characterized by its leafy streets and a mix of architectural styles, from classic post-war homes to contemporary residences, ensuring a diverse and appealing streetscape.

    Families will find Carina particularly appealing due to its proximity to quality schools and numerous parks, which provide ample opportunities for outdoor activities and family outings. The suburb's community spirit is palpable, with local events and activities fostering a strong sense of belonging among residents. Carina's location offers easy access to a variety of amenities, including shopping centres, cafes, and restaurants, ensuring that everything you need is just a short distance away.

    While Carina offers a peaceful lifestyle, it does come with a few trade-offs. The suburb may not have the bustling nightlife or cultural attractions of inner-city areas, but it compensates with its serene environment and family-oriented vibe. Public transport options are available, making commuting to the city convenient, although some residents may find the reliance on buses a limitation compared to suburbs with train services.

    Overall, Carina is a delightful suburb that provides a balanced lifestyle for families and professionals alike. Its community-focused atmosphere, coupled with the convenience of nearby amenities, makes it a desirable place to live. While it may not offer the excitement of a city centre, its peaceful charm and family-friendly environment make it a wonderful choice for those seeking a harmonious suburban lifestyle.

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  • Is it expensive to live in Carina?

    Living in Carina, an inner suburb of Brisbane, comes with a relatively high cost, especially when it comes to housing. The median house price in Carina is currently around $1,306,000, while units are priced at a median of $1,000,000. These figures are quite steep compared to the Queensland average salary of approximately $85,000 per year. If you're considering renting, the average rent for houses is $750 per week, and for units, it's $630 per week, which can take a significant chunk out of a typical household income.

    Looking at the median total household income in Carina, which is $2,064 per week, it's clear that a substantial portion of income would need to be allocated to housing costs, whether buying or renting. This makes Carina a more expensive suburb to live in, especially for those earning an average wage in Queensland. However, the higher cost might be justified by the benefits of living in an inner suburb with easy access to Brisbane's amenities and lifestyle offerings. It's important to weigh these factors when deciding if Carina is the right place for you.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Carina a good place to invest?

    Carina is shaping up to be a promising spot for property investment. Over the past year, the suburb has seen a significant increase in median house values, with a notable 17.6% rise. This indicates strong demand and a healthy market, which is always a good sign for potential investors. Units have also experienced growth, with a 10.9% increase in median values, suggesting that both housing types are in demand.

    While the rental market hasn't seen as much movement, with house rents increasing by 1.4% and unit rents remaining stable, this could present an opportunity for investors looking for long-term capital growth rather than immediate rental returns. Carina's appeal lies in its steady property value appreciation, making it an attractive option for those looking to invest in a suburb with proven growth potential.

    Overall, Carina offers a balanced mix of growth and stability, making it a solid choice for investors who are keen on capitalizing on the suburb's upward trend in property values. With its recent performance, Carina is definitely worth considering for anyone looking to invest in the real estate market.

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Choose the right real estate agents in Carina

Choosing the right real estate agent in Carina can have a big impact on your sale. While there are 106 real estate agents working in the suburb, but just 5 of them were responsible for 34.2% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.44% to 3.04%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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