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Carseldine suburb profile

Carseldine is a northern suburb of Brisbane, approximately 16km from the CBD, known for its family-friendly atmosphere and convenient amenities. The suburb offers a mix of modern housing developments and established homes, catering to a diverse community. Carseldine is well-serviced by public transport, including a dedicated train station, making commuting to the city easy. The area boasts several parks, recreational facilities, and shopping centers, providing residents with a balanced lifestyle. Its proximity to major roads and the Brisbane Airport adds to its appeal, making Carseldine a popular choice for families and professionals seeking suburban comfort with city accessibility.

Carseldine property market performance

Property growth+27.7%Past 12 months

Carseldine's property market has experienced notable growth over the past 12 months. House values have increased by 12.5%, with the median house price reaching $1.2 million. Although the median unit price is currently unavailable, unit values have surged by 42.9%, indicating a strong demand for units in the area.

Sales activity has been robust, with 40 houses and 10 units sold in the past 12 months. Houses are selling quickly, with a median of 15 days on the market, while units are taking slightly longer at 18 days, reflecting a competitive market environment.

The rental market in Carseldine has also seen significant changes, with average rents for houses increasing by 7.9% and units by 7.8% over the last 12 months, highlighting a strong demand for rental properties in the suburb.

HousesUnits
Median price
Past 3 months
$1.20MN/A
Change in value
Past 12 months
12.5%42.9%
Sold
Past 3 months
4010
Median days on market
Past 12 months
1518
Average rent
Past 12 months
$750$620
Change in rent
Past 12 months
7.9%7.8%

5 year median price trend for houses and units

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Carseldine demographics

Carseldine, located in the northern suburbs of Brisbane, offers a blend of suburban tranquility and urban convenience. With a population of 10,093, it is a family-friendly area that appeals to those seeking a peaceful lifestyle while still being within reach of the city. The median age of 41 suggests a mature community, with many families and long-term residents enjoying the suburb's amenities and green spaces.

The suburb's housing landscape is characterized by a high rate of home ownership, with 35.8% of properties owned outright and 35.7% owned with a mortgage. This reflects a stable community with a significant number of residents committed to long-term living in the area. Rental properties make up 28.5% of the housing market, providing options for those who prefer flexibility or are new to the area.

Family life is a cornerstone of Carseldine, with 46.6% of households being couple families with children and 38% being couple families without children. The presence of one-parent families at 13.8% adds to the suburb's diverse family structures. The median total household income of $2048 per week indicates a comfortable standard of living, making Carseldine an attractive option for families and professionals alike. With its community-focused atmosphere and convenient location, Carseldine continues to be a desirable place to call home.

Carseldine infrastructure, key developments and investment opportunities

Carseldine is experiencing significant development that may impact its property market. The $1 billion Carseldine Village project is transforming the former QUT campus site into a mixed-use precinct with up to 900 new homes, retail, and commercial spaces. This major development aims to create a sustainable community with 100% net-zero energy emission homes. Additionally, recent infrastructure upgrades include new sports facilities at The Green recreation precinct and the opening of aged care and childcare facilities.

The suburb is benefiting from improved amenities and connectivity. A new shopping center has opened, enhancing local retail options. Carseldine's proximity to major roads and public transport, including the train station, provides easy access to Brisbane CBD and surrounding areas. These developments, along with Carseldine's established schools and green spaces, are likely to sustain strong property demand and potentially increase values in this evolving northern Brisbane suburb.

Carseldine rental market trends

The rental market in Carseldine has experienced steady growth, with house rents increasing by 7.9% over the past year to $750 per week, while unit rents have risen by 7.8% to $620 per week. This consistent upward trend reflects the suburb's appeal, supported by its convenient location and ongoing development, making it an attractive option for both renters and investors.

Suburbs near Carseldine

Some popular suburbs near Carseldine include:

How does Carseldine compare to nearby suburbs?

  • Median house prices: Carseldine’s median house price is 17.0% higher than Bracken Ridge’s.
  • House price growth: Over the past 12 months, house prices in Carseldine have grown 3.9% higher than in Aspley.
  • Unit price growth: Over the past 12 months, unit prices in Carseldine have grown 60.9% higher than in Bridgeman Downs.
  • Selling speed for houses: Properties in Carseldine are selling 31.8% faster than in Bridgeman Downs.
  • Selling speed for units: Properties in nearby Bridgeman Downs are selling 11.1% faster than in Carseldine.
  • Investment considerations: In Carseldine, the rental yield for house is 8.9% higher than the Brisbane average, while the rental yield for units is 2.2% lower.
  • House price growth: Over the past 12 months, house prices in Carseldine have grown 3.8% lower than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Carseldine have grown 5.8% lower than the average rate of growth for units across Brisbane.

Common questions about Carseldine

  • Is Carseldine a nice place to live?

    Carseldine is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a fantastic place to live. Known for its family-friendly atmosphere, Carseldine provides a welcoming environment for families, professionals, and retirees alike. The suburb's charm lies in its balance of modern housing developments and established homes, catering to a diverse community. With a strong sense of community, Carseldine is a place where families can thrive, enjoying the benefits of a peaceful lifestyle while still being within easy reach of the city.

    The suburb's vibe is characterized by its relaxed and community-focused atmosphere, with plenty of amenities to support a comfortable lifestyle. Carseldine is well-serviced by public transport, including a dedicated train station, which makes commuting to Brisbane's CBD a breeze. Residents have access to a variety of shopping centers, cafes, and recreational facilities, ensuring that all essential needs are met within the suburb. The presence of several parks and green spaces provides ample opportunities for outdoor activities, making it an ideal location for families who enjoy spending time in nature.

    Safety is generally not a major concern in Carseldine, contributing to its appeal as a family-friendly suburb. However, one trade-off of living in Carseldine is that while it offers a peaceful suburban lifestyle, it may not have the same level of nightlife or cultural activities as inner-city areas. For those who prioritize a quieter lifestyle with easy access to the city and a strong community feel, Carseldine is an excellent choice. The ongoing development projects in the area, such as the Carseldine Village, promise to enhance the suburb's amenities and connectivity further, making it an increasingly attractive option for those seeking a balanced lifestyle.

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  • Is it expensive to live in Carseldine?

    Living in Carseldine can be quite a financial commitment, especially when considering the current property market. The median house price in Carseldine is about $1,155,000, which is on the higher side compared to many other suburbs around Brisbane. Units are somewhat more affordable, with a median price of $708,500. Renting in Carseldine also requires a fair budget, with average rents for houses at $720 per week and units at $620 per week.

    When comparing these figures to the average wage in Carseldine, which is around $95,000 annually, it becomes clear that a significant portion of one's income would go towards housing costs. The median total household income weekly is $2,048, which aligns with the average wage data for Queensland. This means that while Carseldine offers a comfortable lifestyle, the cost of living, particularly in terms of housing, can be challenging for those earning an average income.

    Overall, if you are thinking of living in Carseldine, it's important to consider your financial situation carefully. The suburb offers a pleasant environment and proximity to Brisbane, but the housing expenses are a key factor to weigh in your decision-making process.

    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 Carseldine a good place to invest?

    Carseldine is showing promising signs as a good place to invest, with both house and unit values experiencing significant growth over the past year. The suburb has seen a 14.5% increase in median house values and a 13.1% rise in unit values, indicating strong demand and potential for capital appreciation. This growth suggests that Carseldine is becoming increasingly attractive to buyers, which is a positive indicator for investors looking for capital gains.

    In terms of rental returns, Carseldine also presents a compelling case. While house rents have increased by 2.9%, unit rents have surged by 9.7% over the last 12 months. This substantial rise in unit rents highlights a growing demand for rental properties, particularly units, which could provide investors with a steady income stream. The combination of rising property values and rental yields makes Carseldine a suburb worth considering for those looking to invest in real estate.

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Choose the right real estate agents in Carseldine

There are 85 real estate agents working in Carseldine, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 37.4% of all sales in the past year.

Commission rates in Carseldine typically range from 2% to 3%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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