Suburb overview

Carindale is an outer-metropolitan suburb of Brisbane, Australia, with a population of approximately 16,535, making it a smaller community. Located approximately 10 km from the Brisbane CBD, Carindale is a outer metro area in Queensland. The median household income is $123,500 per year.

Location

Brisbane
Carindale
Queensland · 4152
10 km from Brisbane CBD
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Key indicators

Postcode
4152

Postcode for Carindale, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.

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Population
16,535

Usual resident population at the most recent census.

Median weekly rent
$830/wk

Median weekly rent — as at Mar 2026, Residential Tenancies Authority (Qld) (CC BY 4.0).

Distance to CBD
10 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Housing

Median monthly mortgage
$2,400/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
86% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why people like living in Carindale

Who Carindale suits

👨‍👩‍👧Families86% separate houses — a family-oriented dwelling mix.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersMedian mortgage sits above the Queensland median.
💼ProfessionalsAround 10 km from the CBD with good access.

Pros and cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Short distance to the CBD makes commuting straightforward.
  • Affordable entry point compared with inner-city suburbs.

Cons

  • Median mortgage sits above the Queensland state median — entry costs are stretched.
  • New-estate oversupply risk — many similar homes can compete for the same buyers.

Investment insight

With 16,535 residents, Carindale is one of Queensland's more populous suburbs — roughly 3.0× the state median of 5,474 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Median household income of $123,500/year runs 37% above the Queensland suburb median of $90,298, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median rent of $830/week (as at Mar 2026, Residential Tenancies Authority (Qld)) equates to roughly $3,597/month — about 150% of the $2,400/month median mortgage repayment recorded at the 2021 Census. On those figures rental income covers most or all of the recorded repayment, but repayments on new loans have risen with interest rates since 2021, so re-run the coverage at today's rates before treating this as a cash-flow suburb. At 10 km from the Brisbane CBD, Carindale sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks.

Investment tip

Outer-metro suburbs reward careful property selection — aim for homes near infrastructure rather than generic house-and-land packages. At the 2021 Census, local rents consumed roughly 22% of household income — a dated but useful sanity check on tenant affordability.

Carindale vs Queensland median

How Carindale stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Carindale sits above the state median; negative means below.

MetricCarindaleQLD medianΔ vs state
Population16,5355,474+202%
Median household income$123,500/yr$90,298/yr+37%
Median rent (weekly, 2021 Census)$530$385+38%
Median mortgage (monthly, 2021 Census)$2,400$1,733+38%
Distance to CBD10 km62 km-84%
Separate houses86%77%+9pp

Investor checklist

Pre-inspection briefing for Carindale — every item is derived from public datasets, with full citations in our data sources page.

Investment strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 37% above the Queensland suburb median ($123,500 vs $90,298), and the 10 km CBD distance keeps this suburb in the primary demand zone. In Queensland, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

Rental Yield

Strong rental coverage at the 2021 Census: $530/week (~$2,297/month) covered 96% of the $2,400/month median mortgage, a shortfall of just $103/month. Both rents and repayments have moved since 2021 — verify current figures, though this suburb has historically leaned cash-flow-friendly.

⚠️
Renovation / Flip

With 86% houses in a 16,535-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk factors

Run the numbers on a Carindale property

Buying your first home?

Walk the journey to a place like Carindale

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2026 outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Carindale enters 2026 with a demographic tailwind — household incomes 37% above the Queensland suburb median of $90,298 and a population of 16,535 give it the depth and purchasing power to outperform the wider QLD market over the next 12–18 months. At the 2021 Census, rental coverage ran at ~96% of the typical mortgage ($2,297/month rent vs $2,400/month repayment), keeping cash flow in positive or near-neutral territory. Verify against current rents and rates. Overall investor sentiment for Carindale is constructive heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Queensland median.

Frequently asked questions

Is Carindale a good suburb for investment?

Whether Carindale suits you depends on your strategy, but the fundamentals are concrete: a population of 16,535, a median household income of $123,500/year and median weekly rent of $530. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.

What drives property demand in Carindale?

The main demand drivers in Carindale are proximity to Brisbane (10 km), an above-state-median household income of $123,500/year, a dwelling mix that is 86% separate houses. Together these shape both owner-occupier and tenant demand.

What is the population of Carindale?

Carindale has a usual resident population of approximately 16,535, compared with a Queensland suburb median of 5,474 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Carindale from the Brisbane CBD?

Carindale sits 10 km straight-line from the Brisbane CBD. This is inner-ring territory — pricing competes directly with established Brisbane employment nodes.

What is the median rent in Carindale?

The median weekly rent in Carindale is $830 (as at Mar 2026, Residential Tenancies Authority (Qld)), equating to approximately $43,160/year in gross rental income. Confirm against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Carindale?

The median monthly mortgage repayment in Carindale is $2,400, or approximately $28,800/year (vs $1,733/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Carindale cash-flow positive for investors?

A median weekly rent of $530 works out to $2,297/month, covering 96% of the median mortgage repayment of $2,400/month. That leaves a $103/month shortfall (around $1,236/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Carindale?

The main risks are interest-rate sensitivity on the $2,400 median mortgage, the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Carindale profile

The population figure on this page comes from the ABS 2021 Census. The postcode comes from a community postcode dataset cross-checked against Australia Post. The dwelling mix is from the ABS 2021 Census. The median household income is the ABS 2021 Census median weekly household income, annualised. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage figures are 2021 figures and are labelled as such wherever they appear — they are five years old and have moved substantially since. The current median weekly rent in Key indicators is a genuine recent figure from Residential Tenancies Authority (Qld) (Mar 2026), published under a Creative Commons licence and dated on the page. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.

Nearby suburbs

Queensland property resources