Carrara, located in the heart of the Gold Coast, Queensland, offers a unique blend of serene residential living and convenient access to the bustling amenities of the city. The housing market in Carrara has seen notable activity, reflecting both its desirability and the broader trends affecting the Gold Coast region. Characterized by a mix of modern homes and older, character-filled houses, Carrara provides a variety of options for homebuyers and investors alike. The suburb is particularly appealing to families and retirees, drawn to its suburban feel and the availability of both private and public schools. In recent years, property values in Carrara have experienced upward movement, mirroring the general growth of the Gold Coast market, which continues to attract both domestic and international interest.
Living in Carrara offers residents a blend of relaxation and activity, with easy access to some of the Gold Coast's most popular attractions. The suburb is known for its green spaces, including the emerald expanses of Emerald Lakes and the Carrara Markets, which are famous for their variety of goods and vibrant atmosphere. Golf enthusiasts are particularly drawn to the area, with several prestigious golf courses located nearby. The community is noted for its friendly and inviting atmosphere, making it a desirable location for families and individuals who enjoy an active yet laid-back lifestyle. Additionally, Carrara's proximity to major thoroughfares makes commuting to the central business district of the Gold Coast, or reaching the beautiful sandy beaches, a relatively short and straightforward journey. Overall, Carrara strikes a compelling balance between tranquility and accessibility, enhancing its appeal as a residential destination.
Median Weekly Rent | $518.67 |
Median Monthly Mortgage | $2149.83 |
Median Persons Per bed houseroom | 0.79 |
Average Household Size | 2.57 |
Average Age | 43.17 |
Average Income | $778.00 |
Average Cars Per Dwelling | 1.94 |
Average Properties Within 50M | 42 |
Typical 1 bed house | $852,000 |
Typical 2 bed house | $639,000 |
Typical 3 bed house | $908,000 |
Typical 4 bed house | $1,177,000 |
Typical 5 bed house | $1,631,000 |
Typical 6 bed+ house | $2,985,000 |
Housing Stock
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Thinking about buying in Carrara? Now could not be a better time, with 7770 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $927,000 with prices in this suburb ranging from $86,000 to $14,139,000. Carrara is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Low average incomes in Carrara is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Carrara provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Carrara requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property ValuationEmmanuel College
Josiah College
Merrimac State School
St Michael's College
Worongary State School
St Vincent's Primary School
Benowa State School
William Duncan State School
Benowa State High School
St Kevin's School
(While the above schools are located with the suburb of Carrara there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Nov | 1.4 | 19.2 | 27.4 | 54.3 | 89.0 | 5.4 | 27.5 |
Dec | 5.6 | 20.9 | 28.4 | 60.5 | 91.9 | 5.5 | 25.3 |
Jan | 5 | 22.0 | 29.2 | 61.1 | 90.6 | 6.1 | 24.6 |
Feb | 8.3 | 21.7 | 29.0 | 63.2 | 90.9 | 6.3 | 21.9 |
Mar | 7.5 | 21.0 | 28.2 | 61.2 | 90.6 | 6.2 | 18.2 |
Apr | 4.3 | 18.2 | 26.4 | 56.5 | 90.6 | 5.5 | 16.7 |
May | 2.1 | 15.0 | 23.5 | 53.8 | 87.4 | 4.7 | 13.8 |
Jun | 2.7 | 12.9 | 21.5 | 52.1 | 87.8 | 4.7 | 11.9 |
Jul | 2.2 | 12.1 | 21.3 | 48.5 | 88.0 | 4.7 | 13.2 |
Aug | 0.5 | 12.2 | 22.9 | 40.2 | 86.1 | 4.4 | 16.4 |
Sept | 0.9 | 14.8 | 24.6 | 45.3 | 85.5 | 5.0 | 21.1 |
Oct | 1.8 | 17.1 | 25.7 | 56.7 | 92.2 | 5.9 | 22.4 |
source: Australian Government Bureau of Meteorology
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