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
Carseldine’s property market has shown robust growth over the past 12 months, with both houses and units experiencing significant price increases. House values have surged by 14.5%, while unit values have risen by 13.1%. The median house price over the past three months has averaged $1.16 million, and units have averaged $708,500, indicating strong demand in the area.
Sales activity has been active, with 27 houses and 16 units sold in the past three months. Properties are moving quickly, with a median time on market of just 14 days for both houses and units, reflecting a competitive market environment.
The rental market in Carseldine has also seen notable changes, with house rents increasing by 2.9% and unit rents rising by 9.7% over the last 12 months, suggesting a growing demand for rental properties, particularly units.
Median price - houses$1.17MPast 3 months
Median price - units$708KPast 3 months
Change in value - houses15.7%12 months
Change in value - units12.7%12 months
Houses sold28Past 3 months
Units sold18Past 3 months
Median DOM - houses14Past 12 months
Median DOM - units14.5Past 12 months
Average rent - houses$720Past 12 months
Average rent - units$623Past 12 months
Change in rent - houses2.9%Past 12 months
Change in rent - units9.2%Past 12 months
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 shown moderate growth, with house rents increasing by 2.9% over the past year to $720 per week, while unit rents have seen a more significant rise of 9.7% to $620 per week. This suburb continues to attract renters and investors alike, thanks to its appealing blend of affordability and accessibility.
Suburbs near Carseldine
Some popular suburbs near Carseldine include: