Get a property report and suburb profile for any property in Carindale

Carindale is a well-established south-eastern Brisbane suburb centred on a large regional shopping centre that also functions as the local transport hub. The suburb has a suburban feel with wide, tree-lined streets, mostly detached postwar houses alongside pockets of low-rise units and retirement villages. The community is weighted towards families and older residents, with couple families with children the dominant family type (52.5%) and most homes owner-occupied (a combined 84.7%).

Day-to-day life is shaped by the shopping centre and nearby local strips, a network of buses and arterial roads, and plentiful green space following Bulimba Creek in the form of parks, waterways and sporting fields. The Carindale Library and the council’s East Customer Centre are located inside Westfield Carindale. Planning and upgrades are under way for the area, including council suburban renewal activity, a proposed Metro stop shown in the Brisbane Metro business case, and staged redevelopment at Citipointe Christian College. Whether Carindale suits you comes down to how much you value convenience, green space and a settled, owner-occupied community.

In Carindale 4152, the median house price of $2,080,000 works out to about 16.8 times a typical local annual household income at the last Census, which sits well above local incomes. A house rent of $895 a week would take about 37.7% of a typical local household's weekly income at the last Census, a sizeable share. On these figures, renting still takes a large slice of local income while buying is far more stretched against what people locally earned at the last Census; whether that feels expensive depends on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The market in Carindale has been split over the past year: median house values rose 9.9%, a solid rise, while median unit values fell 8.1%, a notable decline. Rents for houses increased 5.3% over the same period.

For someone weighing Carindale up as an investment, the figures point to capital growth on the house side this year while unit prices moved the other way. If rental income is your priority, the 5.3% rise in house rents is the most relevant figure; if capital growth matters more, note the 9.9% lift in house values compared with the 8.1% fall for units. Whether that balance suits your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.