Carina Heights Suburb Profile
Carina Heights is a residential suburb located approximately 8 km southeast of the Brisbane CBD, within the City of Brisbane. It is adjacent to the suburbs of Carindale, Camp Hill, and Holland Park.
Carina Heights is expected to continue growing in popularity, with ongoing infrastructure developments and increasing demand for housing in the area. The suburb’s close proximity to the city, combined with its desirable living conditions, makes it a promising area for both homeowners and investors.
Demographics
In 2011, the population of Carina Heights was approximately 6,106. It has a diverse population, around 55% of households in Carina Heights are owner-occupied, with a mix of families, professionals, and retirees. The suburb has seen steady population growth due to its proximity to the city and appealing suburban lifestyle.
Amenities & Lifestyle
Shopping & Dining: Carina Heights is close to the popular Westfield Carindale shopping centre, offering a wide range of retail, dining, and entertainment options.
Parks & Recreation: The suburb is home to several parks, including Whites Hill Reserve, which offers walking trails, picnic areas, and sporting facilities.
Transport: Carina Heights is well-serviced by public transport, with regular bus services connecting the suburb to the Brisbane CBD and surrounding areas.
School
Carina Heights is located within the catchment areas for several well-regarded schools. For primary and secondary education, Whites Hill State College serves students from Prep to Year 12, while some parts of the suburb fall under the Carina State School catchment for primary years. For secondary education, Cavendish Road State High School is another popular option. In addition, there are nearby private schools such as San Sisto College and St Martin’s Catholic Primary School, offering more schooling choices for families in the area.
Employment and Ownership/Rental Ratio
The size of Carina Heights is approximately 3.4 square kilometres. It has 10 parks covering nearly 36.3% of total area. The predominant age group in Carina Heights is 20-29 years. Households in Carina Heights are primarily childless couples and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Carina Heights work in a professional occupation.
Most residents commute to the city centre for work. Major local employers include Westfield Shopping Centre, Griffith University (Mount Gravatt campus), and Greenslopes Private Hospital.
In 2011, 54.7% of the homes in Carina Heights were owner-occupied compared with 53.1% in 2016. (source: Australian Bureau of Statistics) Most areas in Carina Heights are quiet and surrounded by greenery. However, properties close to Westfield Carindale and major roads (Old Cleveland Road, Creek Road, Pine Mountain Road, and Winstanley Street) may experience noise issues. Additionally, as some parts of the suburb may be prone to flooding, buyers are advised to check the Brisbane City Council’s flood maps before purchasing.
Types of Homes and Typical Land Sizes
Carina Heights features a variety of housing types, including traditional free standing houses, townhouses, and some apartment complexes. The suburb is known for its classic Queenslander-style homes and modern low-set brick houses.
Common land sizes for properties in Carina Heights typically range between 400 to 800 square meters for free standing houses. Larger blocks of land, especially for older homes, can exceed 1,000 square meters, while townhouses and units are generally on smaller lots with shared amenities. The spacious lot sizes and green surroundings contribute to the suburban appeal of the area.
Carina Heights Property Market Performance
Houses: The median price for free standing houses in Carina heights is $1,408,000. House prices have been steadily increasing, with demand from both owner-occupiers and investors. Houses are highly sought after, especially those on larger blocks. It has increased by 22.43% over the past 12 months. Over the past 3 years, house prices have risen by 43.24%.
Townhouses and Apartments: The median price in Carina Heights is $810,000. It has increased by 18.68% in the last 12 months, and increased by 46.9% over the past 3 years .
Market Performance:
- Average Days on Market: 18 days for houses, 27 days for townhouses and apartments.
- Average Sale Price: Houses typically sell for around 5.3% below the asking price.
- Auction Clearance Rates: 48%
- Rental Yield: Average rental yield for houses is 3.2%, with an average rent of $680 per week; for townhouses and apartments, the yield is 4.3%, with an average rent of $600 per week.
- Rental Vacancy Rate: Approximately 1.75% in Carina Heights.
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Data updated on Sept 2024