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Carina Heights Suburb Profile

13/09/2024

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.

Join Carina Heights’s community Facebook page (click here) to learn more about the area.

Looking to buy in Carina Heights? We’re here to help! Feel free to contact our Carina Heights buyer’s agent for assistance.

Data updated on Sept 2024

Carina Heights Suburb Profile Read More »

Ashgrove Suburb Profile

Ashgrove is a well-established suburb in the inner-west of Brisbane, Queensland, known for its leafy streets, historical charm, and family-friendly atmosphere.

Ashgrove is an upscale residential suburb located approximately 4 kilometers northwest of Brisbane’s city center, making it ideal for families. The area is known for its beautiful and distinctive homes, peaceful and picturesque environment, well-equipped parks, and highly regarded schools. It is adjacent to The Gap, Bardon, Red Hill, Paddington, Enoggera, and Alderley.

Demographics

As of the latest census in 2021, Ashgrove has a population of around 13,450 residents. The suburb is popular with families, young professionals, and retirees. It has a mix of younger and older residents, reflecting its appeal to a wide demographic.

Amenities & Lifestyle

Shopping & Dining: Ashgrove has several shopping precincts, including Ashgrove Central, which offers supermarkets, specialty shops, cafes, and restaurants. The suburb is also close to larger shopping centers like The Gap Village and Indooroopilly Shopping Centre.

Parks & Recreation: The suburb is known for its green spaces, including Dorrington Park and Banks Street Reserve, offering walking tracks, playgrounds, and sporting facilities. The Enoggera Creek Bikeway also runs through the suburb, providing a scenic route for cyclists and walkers.

Community: Ashgrove has a strong sense of community, with various local events, markets, and festivals. It’s a suburb that values its heritage and maintains a relaxed, suburban lifestyle while being close to the city.

Safety: Ashgrove is considered a safe suburb, with low crime rates and a friendly, welcoming atmosphere.

School

Ashgrove is home to several well-regarded schools, including Marist College Ashgrove, Mount St. Michael’s College, and Ashgrove State School. The suburb also has good access to childcare facilities and kindergartens.

Employment and Ownership/Rental Ratio

The size of Ashgrove is approximately 5.9 square kilometres. It has 33 parks covering nearly 17.2% of total area. The predominant age group in Ashgrove is 40-49 years. Households in Ashgrove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments.

Residents mainly commute to the city for work. The area between Waterworks Road, Stewart Road, and Enoggera Creek is known as “The Avenues,” which is the most popular and highest-priced section of the suburb.

In general, people in Ashgrove work in a professional occupation. In 2011, 69.4% of the homes in Ashgrove were owner-occupied compared with 69% in 2016. (source: Australian Bureau of Statistics)Properties close to major roads, including Waterworks Road, Jubilee Terrace, and Stewart Road, may experience noise issues. Additionally, some areas of the suburb, particularly those near the creek, may be prone to flooding. Buyers are advised to check the Flood Map provided by the Brisbane City Council before purchasing.

Types of Homes and Typical Land Sizes

In Ashgrove, Brisbane, detached houses are the predominant housing type, making up about 79% of the properties. These characteristic wooden houses, built in the 1920s and 1930s, are notable for their large triangular main roof with several smaller triangular roofs behind it, large bay windows with seating areas, and ornate plaster ceilings, creating a charming and beautiful aesthetic. These homes typically sit on plots of around 600 square meters. There also post-war style houses in the area, though many have been demolished for land subdivision. The new, modern construction usually occupy smaller plots of around 400 square meters. Additionally, there are several apartment complexes, though they are less common compared to detached homes.

Ashgrove Property Market Performance

Houses: The median price for free standing houses in Ashgrove is $1,650,000, significantly higher than the Brisbane market median. It has increased by 13.4% over the past 12 months. Over the past 3 years, house prices have risen by 22.1%.

Townhouses and Apartments: The median price in Ashgrove is $713,000. It has increased by 55.1% over the past 3 years, and increased by 14.3% in the last 12 months.

Market Performance:

Average Days on Market: 23 days for houses, 11 days for townhouses and apartments.
Average Sale Price: Houses typically sell for around 5.41% below the asking price.
Auction Clearance Rates: 47%
Rental Yield: Average rental yield for houses is 2.89%, with an average rent of $740 per week; for apartments, the yield is 4.54%, with an average rent of $575 per week.
Rental Vacancy Rate: Approximately 0.89% in Ashgrove.

Join Ashgrove’s community Facebook page (click here) to learn more about the area.

Looking to buy in Ashgrove? We’re here to help! Feel free to contact our Ashgrove buyer’s agent for assistance.

Data updated on Sept 2024