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VIP Market Report for Carrara - October 2020

Page 1

Suburb Repor t Carrara QLD 4211


Carrara QLD 4211

The size of Carrara is approximately 13.8 square kilometres. It has 44 parks covering nearly 13.5% of total area.

House Current Median

The population of Carrara in 2011 was 11,568 people. By 2016 the population was 12,040 showing a population growth of 4.1% in the area during that time.

$612,500

The predominant age group in Carrara is 50-59 years. Households in Carrara are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrara work in a professional occupation. In 2011, 66% of the homes in Carrara were owner-occupied compared with 67.6% in 2016.

Unit Current Median

$429,000 # Listings last 12 month

97


Recent Ac tivit y Total sales last 12 months

314

Why is recent activity important to me? Recent sales activity provides insight into the current market condition. Many more sales than listings may indicate an undersupplied market, while conversely, more listings could indicate an over-supplied market with buyers in the driving seat.


Recent Sales HOUSE 3 BED 2 BATH 2 CAR 2026/1 THE VISTAS DRIVE CARRARA QLD 4211

$715,000

UNIT

09/10/20

3 BED 1 BATH 1 CAR 8/130 PLATEAU CRESCENT CARRARA QLD 4211

$308,000 08/10/20

HOUSE 4 BED 2 BATH 2 CAR 5 MITCHELL COURT CARRARA QLD 4211

$540,000 02/10/20

UNIT 3 BED 2 BATH 2 CAR 55/85 PALM MEADOWS DRIVE CARRARA QLD 4211

$467,500

UNIT

27/09/20

4 BED 3 BATH 2 CAR

3 BED 1 BATH 0 CAR

127/152 PALM MEADOWS DRIVE CARRARA QLD 4211

43 DUNSBY DRIVE CARRARA QLD 4211

$590,000 28/09/20

HOUSE

$552,000 26/09/20


HOUSE 3 BED 2 BATH 2 CAR HOUSE

36 PADDINGTON DRIVE CARRARA QLD 4211

3 BED 2 BATH 2 CAR

$500,000

4 AVONBURY COURT CARRARA QLD 4211

22/09/20

$605,000 22/09/20

HOUSE 4 BED 4 BATH 4 CAR 24 CONADILLY COURT CARRARA QLD 4211

$770,000 22/09/20

UNIT 3 BED 1 BATH 2 CAR 46/28 ANCONA STREET CARRARA QLD 4211 UNIT

HOUSE

2 BED 2 BATH 2 CAR

3 BED 1 BATH 2 CAR

36/3400 PANORAMA DRIVE CARRARA QLD 4211

2/151 PAPPAS WAY CARRARA QLD 4211

$480,000 21/09/20

$432,000 20/09/20

$295,000 21/09/20


Recent Listings HOUSE 4 BED 3 BATH 2 CAR 49 MEADOWLAKE DRIVE CARRARA QLD 4211

OFFERS OVER $1,100,000

HOUSE 3 BED 2 BATH 2 CAR 125/136 PALM MEADOWS DRIVE CARRARA QLD 4211 UNIT

OFFER OVER $595,000

3 BED 2 BATH 2 CAR 31/130 PLATEAU CRESCENT CARRARA QLD 4211

OFFERS OVER $320,000

UNIT 2 BED 2 BATH 2 CAR 4/3046 QUAY SOUTH DRIVE CARRARA QLD 4211

$649,000

UNIT 3 BED 3 BATH 2 CAR 8/53-55 PADDINGTON DRIVE CARRARA QLD 4211

$410,000

HOUSE 4 BED 2 BATH 2 CAR 60 PADDINGTON DRIVE CARRARA QLD 4211

INTEREST ABOVE $549,000


Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$520 /w

5.44%

125

Median Weekly Rent Trends


LJ HOOKER NERANG

nerang@ljhgc.com.au 2-4 New Street, Nerang nerang.ljhooker.com.au

Prepared on 12 Oct 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Jul - 30 Jun 2020). Š 2020 Copyright RP Data Pty Limited, Local, State, Commonwealth Govt. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials at this site is permitted. The information provided is deemed reliable but not guaranteed. Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2020. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws.


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