Carseldine Buyers’ Agent’s Guide
Are you looking to purchase a home or investment property in Carseldine? As a Carseldine Buyers’ Agent we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Carseldine property purchase!
Carseldine is a middle-ring suburb located 15km North of the Brisbane CBD. Carseldine is bordered by the suburbs of Aspley, Bridgeman Downs, Bald Hills, Bracken Ridge and Fitzgibbon.
The population of Carseldine in 2016 was around 9,543 and continues to grow. 68% of households in Carseldine are owner occupied and consistent predominantly of professional couples (30-39 years old) with children.
Shops, restaurants and entertainment
Carseldine’s main shopping centre (Carseldine Central), and café 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.
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.
Most and least desirable areas
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 Carseldine are 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?
The median house price in Carseldine is $644,000 which is close to Brisbane’s median.
The median house price in Carseldine would 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).
The median unit price in Carseldine is: $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).
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 Carseldine have 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
Thinking about buying a property in Carseldine? Our Carseldine Buyers’ Agent is more than happy to have a chat. Please contact us.
For information about other Brisbane suburbs click here.