Carindale
CARINDALE Carindale was the name of a housing estate constructed in the area in 1976, and was taken as the official name of the suburb when it separated from Belmont in 1980. The name itself is a combination of “Carin” from the nearby suburb of Carina, and “dale” meaning valley.
It is located 10 kilometres east of the CBD,[and borders Belmont, Carina, Carina Heights to the east.
Notable features of the suburb include a large shopping centre – Westfield Carindale, the Pacific Golf Club, Belmont State School, Belmont Bushland Reserve, Belmont Private Hospital and Bulimba Creek. The Gateway Motorway borders the suburb.
Westfield Carindale is the largest shopping centre in Queensland and the third-largest in Australia. It features Myer, Target, Big W and David Jones department stores, as well as Coles, Woolworths and Aldi supermarkets. It also has an Event cinema.
In addition, the centre has a food court, and houses the luxurious Glasshouse Dining Precinct and the new Brisbane City Council Library and a bus terminus.
Demographics
- Population: 15,577 (2011 Census)
- Median age: 40 years old
- Average household size: 2.9
Top 5 Resident Lifestyles in Carindale
- Older couples and families
- Established couples and families
- Older Independence
- Maturing couples and families
- Maturing and established independence
Top 5 Occupations of Residents
- Professionals
- Clerical and administrative workers
- Managers
- Sales workers
- Technicians and trades workers
Median property prices in 2019 range from $845,000 for houses to $450,000 for units. If you are looking for an investment property, consider houses in Carindale rent out for $580 PW with an annual rental yield of 3.6% and units rent for $485 PW with a rental yield of 5.6%. Based on five years of sales, Carindale has seen a compound growth rate of 2.7% for houses and 0.4% for units.