Carina suburb profile
Carina is a well-established suburb located approximately 7km east of Brisbane's CBD, known for its family-friendly atmosphere and community spirit. The area features a mix of post-war homes and modern residences, catering to a diverse range of residents. Carina is home to several parks and recreational facilities, including the popular Carindale Recreation Reserve, providing ample opportunities for outdoor activities. The suburb benefits from convenient access to public transport and major roads, making commuting straightforward. With its proximity to Westfield Carindale shopping centre and quality schools, Carina remains a sought-after location for families and professionals alike.
Carina property market performance
Carina's property market has experienced significant growth over the past 12 months, with house values increasing by 22.4% and unit values rising by 18.5%. The median house price has reached approximately $1.31 million, while units have averaged $870,000, indicating strong demand across both property types.
Sales activity has been robust, with 32 houses and 43 units sold in the past three months. Properties are moving quickly, with houses spending a median of just 18 days on the market and units even faster at 10 days, reflecting high buyer interest.
The rental market in Carina has also seen notable changes, with house rents increasing by 3.0% and unit rents rising by 8.8% over the last 12 months. The average rent for houses is $690, while units are close behind at $680, highlighting a competitive rental environment.
Median price - houses$1.30MPast 3 months
Median price - units$868KPast 3 months
Change in value - houses21.8%12 months
Change in value - units18.9%12 months
Houses sold37Past 3 months
Units sold44Past 3 months
Median DOM - houses18.5Past 12 months
Median DOM - units11Past 12 months
Average rent - houses$700Past 12 months
Average rent - units$680Past 12 months
Change in rent - houses5.7%Past 12 months
Change in rent - units8.4%Past 12 months
Carina demographics
Carina, a suburb located in Brisbane's eastern corridor, offers a blend of suburban tranquility and urban convenience. 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, coupled with its family-friendly amenities, makes it an attractive choice for those seeking a balanced lifestyle.
The suburb's housing landscape is characterized by a mix of ownership and rental properties. A significant portion of residents, 26.7%, own their homes outright, while 39.1% have a mortgage, indicating a stable and established community. Meanwhile, 34.2% of the properties are rented, providing options for those who prefer flexibility or are new to the area. This mix of housing options caters to a wide range of residents, from young families to older couples.
Family life is a prominent feature of Carina, with 41.3% of households being couple families with children and 39.0% being couple families without children. The presence of one-parent families, which make up 17.4% of the community, adds to the suburb's diversity. Carina's local parks, schools, and shopping centers contribute to its appeal as a family-oriented suburb, while its accessibility to public transport and major roads ensures connectivity to the broader Brisbane area.
Carina infrastructure, key developments and investment opportunities
Carina is undergoing several developments that may impact its property market. The suburb is seeing an increase in modern family homes replacing older post-war housing, potentially boosting property values. Proximity to major shopping centers like Westfield Carindale and excellent transport links, including quick access to the M1 motorway and express bus routes to the CBD, enhance the area's appeal.
The Clem Jones Centre on Zahel Street continues to be a key recreational facility, offering various sports amenities. Additionally, ongoing improvements to local parks and green spaces, such as Minnippi Parkland, are enhancing livability. With its family-friendly atmosphere, good schools, and convenient location just 7km from Brisbane's CBD, Carina remains an attractive suburb for homebuyers and investors alike.
Carina rental market trends
The rental market in Carina has experienced moderate growth, with house rents increasing by 3.0% over the past year to $690 per week, while unit rents have seen a more significant rise of 8.8% to $680 per week. This suburb continues to attract renters and investors alike, thanks to its appealing lifestyle and proximity to Brisbane's amenities.
Suburbs near Carina
Some popular suburbs near Carina include: