Where is Carindale?
This suburb is renowned for its lush parklands, family-friendly atmosphere, and easy access to the city centre and Brisbane Airport. It offers a blend of lovely houses, green spaces, and diverse commercial establishments. It's also known for Bulimba Creek and Pine Mountain Road.
The suburb's strategic location, along with its extensive offerings provide the perfect balance between urban convenience and suburban tranquility, making it an attractive choice for both families and investors alike.
Carindale House Prices
Source: Domain Research
Median Sale Price
$1,357,500
Median Unit Price
$648,000
Median House Rent
$815
Median Unit Rent
$650
The Local Area
Transport & Accessibility
Carindale is conveniently located about a 25-minute drive from Brisbane's CBD. It's also 20 minutes from Brisbane Airport and an hour from the Gold Coast, both of which are accessible via the Pacific Motorway (M1). The suburb's proximity to major roads, including the Gateway Motorway ensures easy access to surrounding areas. For tenants requiring public transportation, a seamless connection is available from Brisbane City to Carindale Bus Station, with buses travelling along the East Brisbane Busway and Old Cleveland Road.
Daily and frequent bus services, especially during peak hours, ensure simplified and reliable transport to and from the city centre for school, university, and work. The buses run late into the night, complemented by late-night services, providing a convenient and safe way home, regardless of the hour.
Lifestyle
The lifestyle of carindale Bay is a relaxed suburb, but retains its bayside living appeal. The area is well known for its fishing, boating, and sporting facilities. Parks, recreational areas and other public spaces are scattered throughout, which enhances the outdoor-living appeal that carindale Bay is all about.
Keep in mind that while carindale Bay also offers a range of public amenities, such as cafés and spaces for public gatherings, it may require a drive to nearby suburbs for more extensive shopping and dining options.
Schools
Good schools are a hallmark of the Carindale area, making it an ideal suburb for families. Notable schools nearby include Carina State School, Mansfield State School, Belmont State School, Citipointe Christian College, Mount Gravatt East State School, and Seton College. This variety positions Carindale as an appealing option for families of all ages seeking proximity to reputable schools known for their high standards and educational excellence.
Area Characteristics
Carindale is characterised by its unique blend of suburban charm, community spirit, and natural beauty.
The suburb offers a diverse range of housing styles, from cosy family homes to luxurious townhouses and units. There are also retirement living options available, making Carindale a community for all ages.
Upcoming Developments
Carindale is experiencing ongoing development and growth, encompassing residential projects, commercial expansions, and enhancements to local infrastructure and amenities. Despite its already developed status, there is a continuous effort to elevate the suburb's livability, accommodate its growing population, and improve services for its residents.
Current efforts include upgrades to roads, public transport facilities, and utilities, all of which are aimed at supporting the suburb's growth, improving its connectivity with surrounding areas, and facilitating easier access to and from Brisbane CBD.
Rental Market Situation
The rental market in Carindale appeals to a diverse range of tenants, from young adults and families to professionals and retirees. Its well-developed area, along with easy access to the city centre, indicates a strong demand for rental properties. This demand ensures a healthy rental market, where mortgage repayments are often offset by consistent rental income, making Carindale an attractive option for real estate investors.
The suburb's varied demographic in terms of age and background enhances its attractiveness, catering to a wide range of lifestyle preferences.
Is Carindale a good suburb?
Our years of experience at Aurora Realty tell us that Carindale isn't just a great suburb but an amazing choice for investors looking for tenants that include both families and professional individuals. The charm and convenience of this eastern suburb offer a quality of life that is hard to match. Clients of ours who have already invested in the area are constantly sharing their positive feedback with us. Here are some of their praises, so you can read about the advantages of this area yourself!
Highly recommend the team from Aurora! Aurora has managed our rental properties for many years now. The whole team are great communicators and it’s clear they have good relationships with owners and tenants. Just recently, we had a great experience finding a new tenant for one of our properties - thank you Dani and Samantha!
Sarah Siganto
Exceptional service & genuinely caring!
We have recently switched to Aurora Realty Brisbane. From the start of re-leasing our property to finding the right tenants - Joanne Macbeth, Summer and Brandy stood out as true professionals. Outstanding customer service, speedy response, hard working, attention to detail, very helpful and truly caring. It was a positive experience.
Would I recommend Aurora to my friends - YES! :)
Shirley Wong
Why should you buy an investment
property in Carindale?
The steady population growth and new housing developments in Carindale are indicators of its thriving real estate market. The property prices, while reflective of the suburb's high demand and quality of life, still present significant investment opportunities. Its rental market is healthy, with low vacancy rates and strong demand, indicating consistent rental income and the potential for long-term, reliable tenancies. These signs translate to net positives for you, as they include higher investment growth rates and a healthy rental yield.
Investing in Carindale investment properties offers a blend of stability and opportunity, crucial for any successful real estate investment. It's an enticing area for tenants, as it provides them with the opportunity to live in a well-established suburb with top-notch amenities and a great lifestyle. Carindale also offers an excellent public transport system, making it easier for tenants to commute to work or leisure activities, which is another attractive feature for potential renters.
Moreover, the presence of high-quality schools and educational institutions adds value to the area and makes it more appealing to families looking to settle down.
The median sale price and median rent in Carindale are especially attractive, particularly when considering that there are a range of housing options available. From family-style houses and units to larger luxurious homes, this suburb has it all.
Possible rental accommodation options are varied enough to offer you a variety of choices that cater to not one predominant age group – so from families to retirees, you'll be able to attract a diverse range of possible tenants.
As the General Manager of the Aurora Realty Brisbane office...
I love to share the overwhelmingly positive feedback we receive from our clients regarding Carindale as an exceptional investment location.
Situated in Brisbane's thriving eastern suburbs, Carindale boasts a winning combination of lifestyle appeal and investment potential. Its proximity to the CBD, excellent transport links, and renowned shopping precincts like Westfield Carindale make it a magnet for tenants seeking convenience and quality living. Our property investors rave about the suburb's appeal to tenants due to its amenities, schools, and accessibility.
Carindale's strong capital growth history and steady rental demand underscore its status as a lucrative investment hub. With Aurora's expert guidance and meticulous property management services, landlords confidently trust their investments in this dynamic suburb, reaping the rewards of Carindale's robust property market while enjoying peace of mind.
Jo Slack, General Manager
Investing in Carindale?
When it comes to investing and leasing in Carindale, you’re promised an enjoyable community with steady rental demand and a lifestyle that appeals to many potential tenants.
As a prospective investor, you can expect the suburb to become more attractive the longer you own your property, as its prime location offers both stability and opportunity. These are the two key components that primarily contribute to a suburb's boom in popularity. It’s important to keep in mind, however, that factoring these aspects into your investment plan means nothing if you're unsure of how to confidently navigate the local housing market.
That's where we step in.
By partnering with us here at Aurora Realty, you’ll get more than just a property manager; you’re gaining a partner who genuinely cares about your investment. Our team has a deep understanding of the local market, which - when combined with our commitment to personalised service - ensures your investment is in safe hands.
Whether you need help finding the right tenant or navigating the local housing market, we’re here to guide you every step of the way. With our help, we can make your investment in Redland Bay not just profitable, but an enjoyable experience as well.
Ready for better peace of mind and more time for you?
Let us make real estate management of your rental property in Brisbane or Bayside a seamless, stress-free journey for you. With Aurora Realty, not only are you choosing unmatched personalised property management, but you're also opting for peace of mind.
Contact us today and experience the Aurora Realty difference!
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