16 Apr 2020

Carrara Property Market Data 2020


Think Carrara, think colour. For this suburb is home to the Gold Coast’s most popular markets which have been operating for 30 years and have become a tourist destination in their own right. Boasting more than 500 stalls, the Carrara Markets offer everything imaginable from farm fresh produce and meat to fashion, toys, jewellery and homewares.

The popular Family Fun Lane has face painting, pony rides, a merry-go-ground and balloon-wielding clowns, Luke’s Reptile Kingdom features three interactive shows every hour, and there’s even two King Tutt’s Putt Putt 18-hole mini golf courses. For those who take their golf a little more seriously, Carrara is home to three large golf courses with challenging greens, great views and stylish clubhouses. Sporting and event enthusiasts will also appreciate Metricon Stadium, home ground of the Gold Coast Football Club or Suns as they are more affectionately known. Perhaps this vast expanse is why local Aborigines named this area “long flat”.

(Information from www.destinationgoldcoast.com 18th March, 2020)

 

Property Market Statistics in Carrara


The level of competition in a suburb can affect prices and availability

 

Supply and Demand


  • 510 – Visits per property in Carrara (average)
  • 426 – Visits per property in Queensland (average)

 

Median House Prices


  • Buy – $615,000 (Price data last updated 27th February, 2020)
  • Rent – $550 PW (Rent data last updated 18th March, 2020)

 

Median Unit Prices


  • Buy – $453,000 (Price data last updated 27th February, 2020)
  • Rent – $490 PW (Rent data last updated 18th March, 2020)

 

Lifestyles and Demographics of the Suburb


The lifestyle of a suburb is often influenced by who lives there.

  • 17.2% Older Couples & Families
  • 15.0% Established Couples & Families
  • 14.2% Maturing & Established Independence
  • 11.9% Independent Youth
  • 11.6% Maturing Couples & Families
  • 8.9% Older Independence
  • 7.0% Elderly Couples
  • 6.9% Elderly Singles
  • 4.7% Elderly Families
  • 2.7% Young Families

(Information from realestate.com.au 20th March, 2020)