Suburb Profile

Carseldine Buyers Agent’s Guide

Are you looking to purchase a home or investment property in Carseldine? As a CarseldineBuyers’ Agent we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Carseldineproperty purchase!

Carseldine Suburb Profile

Carseldineis a middle-ring suburb located 15km North of the Brisbane CBD. Carseldineis bordered by the suburbs of Aspley, Bridgeman Downs, Bald Hills, Bracken Ridge and Fitzgibbon.

The population of Carseldinein 2016 was around 9,543 and continues to grow. 68% of households in Carseldineare owner occupied and consistent predominantly of professional couples (30-39 years old) with children.

Carseldine’s main shopping centre (Carseldine Central), and cafe precinct is located on the corner of Beams Road and Gympie Road.

Carseldine station is located in the eastern part of the suburb, just off Beams Road. It only takes 25 minutes to get from Carseldine to Central Station in the city.

The area is home to a number of great private and public schools including St Flannan’s School, St Joseph’s Catholic Primary School, Aspley East State School and Aspley State High School.

There are no major parks in the area.

Some of the largest employers around Carseldine include Brisbane Airport, the Port of Brisbane, Prince Charles Hospital and Chermside Shopping Centre. Many residents also commute to work in the Brisbane CBD.

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Carseldine Properties

Quiet, child-friendly, cul-de-sacs are popular with families.

Traffic noise can be an issue for properties close to major thoroughfares including Beams Road, Gympie Road and Lacey Road.

Housing type and typical block size

The majority (68%) of properties in Carseldineare free standing houses.

The suburb is particularly well known for brick and tile single and double storey homes built in the 1980s and 1990s. A typical size block for this type of home is around 600m2. The northern part of Carseldine is newer, with houses built in the 2000s and positioned on smaller blocks, typically around 450m2.

What can my money buy in Carseldine?

Carseldine House Prices

The median house price in Carseldine is $644,000 which is close to Brisbane’s median.

The median house price in Carseldinewould typically buy a 3 bedroom, 2 bathroom house on a 600m2 block. For example: 88 Nemira Street Carseldine – sold for $644,000 in March 2020 (click to view listing and see images below).

Buying a house in Carseldine

Carseldine Unit Prices

The median unit price inCarseldineis:$345,750

This amount would typically buy a 2 bedroom, 1 bathroom villa in an older style complex. For example: 10/144 Dorville Road Carseldine – sold for $315,000 in December 2019 (click to view listing and see images below).

Buying an Investment property in Carseldine

How has the Carseldine property market been performing?

In the last 5 years the median house price has increased by 17%. Over the last 10 years, house prices have increased by 2.1% per annum.

Units in Carseldinehave not been performing as well. In the last 5 years the median price of units has decreased by 11.7%. On average, over the last 10 years unit prices have decreased by 0.4% per annum.

Supply and demand characteristics for Carseldine

  • Average Days on Market: Houses 47 days. Units: 93 days.
  • On average houses are selling 4% below their list price. Units typically sell 7% below their list price.
  • Carseldine’s auction clearance rates are 0% for houses, and 0% for units.
  • The average rental yield for houses is 4.04%, compared to 6.03% for units.
  • There is a shortage of houses (2.58%) and units (0.32%) currently listed for sale.
  • The rental vacancy rate for houses is 1.82%, compared to units 0.18%.

**Statistics are accurate for April 2019

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