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Carina, QLD 4152

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Carina, QLD 4152 located in Brisbane to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Carina, QLD 4152”

  1. The total adult population (15 years or older) of Carina 4152 QLD is 9,598, with a median age of 37. Of those, 43.38% are married, 12.40% are divorced or separated, 38.62% are single and 5.59% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $9,824. The median monthly mortgage repayment for households in this suburb is $2,000 which is 20.36% of their earnings.

    Source: ABS Census Data (2021)

  2. Overview:

    Located in the Sunshine State, the suburb of Carina 4152 houses an estimated 5,639 households. This blooming suburb in Q3 of 2023, has experienced rising popularity amongst the house-focused property investors.

    Market Analysis:

    Homes in Carina are priced at an average of $1,006,139. With a decent weekly rental price of $565, the indicative yield at present stands at 2.92%, which is slightly under the minimum market requirement of 3% for cashflow-centered property investors.

    Carina boasts an IRSAD score of 1057 out of 1217, indicating a moderately high socio-economic status of the population in the area. In the suburb, the renter to owner ratio lies at 33%, suggesting a somewhat balanced market. Moreover, the units to houses ratio is favourably low at 14%, suggesting a property market more conducive to longer tenancies and less competition among landlords.

    The affordability index for houses in Carina measures 40 years, highlighting that while homeownership is achievable, it’s a notably long-term commitment for average income earners.

    Supply and Demand:

    As for supply metrics, Carina shows favourable signs with a stock on market Percentage of 0.24%, suggesting a low supply of houses. Coupling that with an inventory level indicating a rapid absorption rate at 0.62 months, it appears as though the housing supply is being swiftly absorbed by demand. The building approvals ratio is at 1.39%, suggesting moderate construction development in the area.

    From a demand perspective, the suburb shines with an impressive average of 21 days on market for houses, signifying high demand. The vacancy rate, incorporating both houses and units, is at an encouraging 1.34%, indicating a reasonable balance in the property market.

    However, it should be noted that the buy search index is marked at 3. This suggests the demand could be stronger, but compared to other metrics, it’s not a deal-breaker.

    Conclusion:

    Understanding these property market trends and data is essential in making profitable real estate investments. Carina 4152 presents a largely favourable market scenario in Q3 of 2023, with high affordability, low supply, and high demand, signalling potential opportunities for investors. However, keep an eye on the buy search index and affordability index trends while making future investment decisions.

    Remember, the Relative Composite Score (RCS) by HtAG Analytics, utilising over 80 metrics, can efficiently streamline your research process in understanding the rental property market in Australia.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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