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Carindale suburb profile

Carindale is a well-established suburb located approximately 10km southeast of Brisbane's CBD, known for its family-friendly atmosphere and excellent amenities. The suburb is home to the popular Westfield Carindale shopping centre, offering a wide range of retail, dining, and entertainment options. Carindale features a mix of modern homes and spacious parklands, including the scenic Carindale Recreation Reserve. With its proximity to major transport routes and quality schools, Carindale is a sought-after location for families and professionals seeking a convenient yet suburban lifestyle. Its blend of urban convenience and green spaces makes it an attractive place to live.

Carindale property market performance

Current median dwelling price$1,233,375Past 3 months

Property growth+0.5%Past 12 months

Carindale’s property market has shown robust growth over the past 12 months, with house values increasing by 10.9%. The current median house price stands at approximately $1.91 million. However, the unit market remains inactive, with no sales or price changes reported.

In terms of sales activity, 44 houses have been sold in the past 12 months, with houses spending a median of 27 days on the market, indicating strong demand and quick turnover. The unit market, however, has seen no activity, reflecting a lack of available units or demand in this sector.

The rental market for houses in Carindale has experienced moderate growth, with average rents increasing by 3.3% over the last 12 months, reaching $878. The unit rental market remains inactive, with no reported changes.

HousesUnits
Median price
Past 3 months
$1.91MN/A
Change in value
Past 12 months
10.9%-9.9%
Sold
Past 3 months
44N/A
Median days on market
Past 12 months
27N/A
Average rent
Past 12 months
$878N/A
Change in rent
Past 12 months
3.3%N/A

5 year median price trend for houses and units

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Carindale demographics

Carindale, a suburb located in Brisbane's eastern region, is renowned for its family-friendly atmosphere and well-established community. With a population of 16,535, Carindale offers a suburban lifestyle with the convenience of urban amenities. The median age of 43 suggests a mature community, with many residents likely to be established professionals and families who appreciate the suburb's peaceful environment and proximity to the city.

The suburb is characterized by a high percentage of couple families with children, accounting for 52.5% of the population, indicating its appeal to families seeking a supportive and nurturing environment. Additionally, 36.1% of households are couple families without children, reflecting a mix of empty nesters and young couples. The presence of one-parent families at 10.3% and other families at 1.1% adds to the suburb's diverse family structure.

Carindale's housing market is predominantly owner-occupied, with 47.2% of properties owned outright and 37.5% owned with a mortgage. This high level of home ownership underscores the suburb's stability and desirability as a long-term residence. Only 15.3% of properties are rented, which is relatively low compared to other suburbs, highlighting Carindale's appeal to those seeking permanent roots. The median total household income of $2,375 per week reflects the suburb's affluent nature, attracting residents who value quality living and community amenities.

Carindale infrastructure, key developments and investment opportunities

Carindale remains a well-established, amenity-rich suburb, anchored by Westfield Carindale and strong access to major roads, which continues to support buyer demand from families and professionals. Its proximity to quality schools, parks, walking and cycling paths, and sporting facilities underpins livability and helps sustain long-term appeal.

Recent market data also shows solid housing demand and rising prices, suggesting the suburb’s established location and lifestyle advantages continue to resonate with buyers. At this time, there are no major new infrastructure or redevelopment projects in the available results that appear likely to materially shift the property market in the near term.

Carindale rental market trends

The rental market in Carindale has experienced modest growth, with house rents increasing by 3.3% over the past year to $878 per week. There is no data available for unit rents, indicating a potential focus on house rentals in the area. Carindale continues to attract interest due to its family-friendly environment and proximity to amenities.

Suburbs near Carindale

Some popular suburbs near Carindale include:

How does Carindale compare to nearby suburbs?

  • Median house prices: Carindale’s median house price is 30.3% higher than Carina Heights’s.
  • Median unit prices: Carindale’s median unit price is 5.2% higher than Carina’s.
  • House price growth: Property prices in nearby Carina Heights have risen 5.7% more than in Carindale over the past year.
  • Unit price growth: Property prices in nearby Carina Heights have risen 31.6% more than in Carindale over the past year.
  • Selling speed for houses: Properties in Carindale are selling 22.9% faster than in Camp Hill.
  • House price growth: Over the past 12 months, house prices in Carindale have grown 50.8% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Carindale have grown 0.2% lower than the average rate of growth for units across Brisbane.

Common questions about Carindale

  • Is Carindale a nice place to live?

    Carindale is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a fantastic place to call home. Known for its peaceful atmosphere and strong community spirit, Carindale is particularly appealing to families who appreciate a supportive environment. The suburb boasts a variety of modern homes nestled among lush parklands, providing ample space for outdoor activities and relaxation. With its close proximity to Brisbane's CBD, Carindale offers easy access to the city's amenities while maintaining a serene suburban vibe.

    Families will find Carindale an ideal place to settle, thanks to its excellent schools and abundance of recreational facilities. The suburb's vibrant community is complemented by a range of shopping, dining, and entertainment options, ensuring that residents have everything they need close at hand. Safety is generally not a major concern, contributing to the suburb's reputation as a secure and welcoming place to live.

    While Carindale offers many advantages, there are some trade-offs to consider. The suburb's popularity and desirability mean that property prices can be higher than in some neighboring areas, which may be a consideration for those on a tighter budget. Additionally, while the suburb is well-connected by major transport routes, peak-hour traffic can be a challenge for commuters. However, for those seeking a family-friendly suburb with a strong sense of community and access to both green spaces and urban amenities, Carindale is a truly charming choice.

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  • Is it expensive to live in Carindale?

    Living in Carindale can be quite expensive, especially when it comes to housing. The median house price is currently around $1,911,750, which is significantly higher than many other suburbs in Brisbane. With no data available for unit prices, those looking to purchase property will likely need to consider houses, which can be a substantial financial commitment.

    Renting in Carindale isn't exactly budget-friendly either, with the average rent for houses over the last year being $878 per week. This rental price is on the higher end compared to other areas in Greater Brisbane. When you compare this to the average taxable income in Carindale, which is about $99,000 per year, a large portion of one's income would need to be allocated to housing costs.

    In summary, while Carindale offers the benefits of being an inner suburb of Brisbane with access to city amenities, the cost of living, particularly in terms of housing, is quite high. If you are thinking of living in Carindale, it's important to carefully evaluate your financial situation to ensure it can accommodate the expenses associated with this suburb.

    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 Carindale a good place to invest?

    Carindale is an attractive suburb for property investors, particularly those interested in houses. Over the past 12 months, the median house value in Carindale has increased by an impressive 10.9%, indicating strong demand and potential for capital growth. This growth is a positive sign for investors looking for areas with upward momentum in property values.

    While the median unit value and rent for units have remained stable over the past year, the rental market for houses has seen a 3.3% increase. This suggests that houses in Carindale are in demand among renters, providing a reliable source of rental income for investors. The suburb's appeal is further enhanced by its family-friendly environment, good schools, and proximity to shopping centers like Westfield Carindale, making it a desirable location for families and professionals alike.

    Overall, Carindale offers a promising investment opportunity, especially for those focusing on houses. The combination of strong capital growth and steady rental demand makes it a suburb worth considering for investors seeking both appreciation and income potential.

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Choose the right real estate agents in Carindale

Currently, there are 77 real estate agents working in Carindale—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 77 agents sold 48.2% of all properties in Carindale over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Carindale typically charge a commission of 2.44% to 3.04%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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