Carindale is a well-established suburb in Queensland within the Brisbane local government area (postcode 4152). With a population of 16,535, the suburb has a settled mid-life population with a median age of 43. Households earn a median income of $124K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Chinese.
The median house price in Carindale is $1.5 million, having surged by 14.8% over the past year. Units have a median price of $853,000 (+29.7% YoY). The current median weekly rent is $830. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,400.
Carindale is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1110, which is well above the national average of 1,000. Public transport access includes 74 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
Looking at the investment signals, Carindale shows a gross rental yield of approximately 2.8%, rated as low yield. Property prices are above the state median ($1.5M/$1.1M), placing it in the premium segment. The price-to-income ratio of 12.5x is considered stretched. House prices have moved +14.8% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.