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Carina

POSTAL CODE: QLD, 4152
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Property investors enjoyed capital gains of 7.86% over the last 12 months in CARINA, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in CARINA are low, as opposed to average gains per annum over the past five years.

The suburb posted a 26.21% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $730 based on current median home prices for the suburb.

On average, rents on listings have reached the $730 mark, reflecting a 2.92% increase in returns based on the current median price in CARINA.

CARINA, 4152 ranks 358th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 634th on the list of best yielding suburbs for rental properties in QLD, posting a 2.92% return.

Surburb overview

Carina is a suburb approximately 7 kilometres east of Brisbane's central business district. 

According to the 2021 census, Carina has a population of 11,678 residents. 

The suburb is predominantly residential and offers various housing options, including detached houses, townhouses, and apartments. 

Public transportation serves the area well, with regular bus services providing convenient access to the city and surrounding suburbs. 

Carina offers a range of essential establishments, including shopping centres like Westfield Carindale, which provides a variety of retail stores, dining options, and entertainment facilities. 

Residents can enjoy numerous parks and sporting facilities for recreational activities, contributing to the suburb's family-friendly atmosphere. 

The suburb's proximity to major roads facilitates easy access to the Pacific Motorway, leading to the Gold and Sunshine Coast.  

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