Reasons why you should consider a Carseldine property investment
The Brisbane suburb of Carseldine has been on property investors' radars for some time now, not least because of the high standard of living it has to offer residents.
With an abundance of open spaces, easy access to the Brisbane CBD and plenty of other factors working in its favour, Carseldine is certainly one to watch.
Like many other areas of Queensland, it has weathered the financial storm well and come out on top when other parts of the country have struggled.
We take a look at some of the reasons why this area has made a name for itself in recent years.
Proximity to Brisbane
Driving to the Brisbane CBD takes around half an hour from Carseldine, making it the perfect location for anyone who works in the city.
The A3 provides a direct link to Brisbane, providing a reliable means of getting in and out of the state capital throughout the working week.
Public transport links are also in plentiful supply- Carseldine railway station provides regular services to the city and other northern suburbs, as do local buses.
Parks and open spaces
One of the main appeals of living away from the CBD is the provision of parks and open spaces – and Carseldine does not disappoint.
Facilities can be found throughout the suburb, from the playground at Chateau Street Park to the public barbecue that can be accessed at Matisse Street.
Many people choose to raise their families in Carseldine and with so many places to enjoy the great outdoors, it is easy to see why this area appeals so much in terms of its lifestyle.
One factor that property investors will want to consider when buying real estate in Carseldine is how well its prices are likely to fare.
Figures from RP Data show that house prices have experienced annual capital growth of 6.74 per cent over the past five years, while units have grown 7.24 per cent.
Prospects are also strong for those considering the purchase of a Queensland rental property in the suburb, as the weekly median rent for a house stands at $460 and $390 for a unit.
Retail services are never far away
Retailers have increased their presence quite considerably in Carseldine over recent years, with the likes of the Carseldine Homemaker Centre serving local people and visitors from further afield.
Carseldine Central is another popular retail location in the suburb, boasting big names such as Woolworths, Terry White Chemists and the Flight Centre all in one precinct.
This helps add to the sense of community that has been built up in the area, as well as giving people access to the products and services they need without travelling into the CBD.