Rental Insights
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Source: stashproperty.com.au
Development Stats
2024
404
805
About the Property
16 Mayjohn Avenue, Carrara, Qld 4211
Luxurious Entertainers Delight
Welcome to your dream home nestled in the heart of the serene Boonaroo Park neighbourhood, offering an unparalleled blend of luxury, comfort, and functionality. This stunning residence presents a rare opportunity to own a meticulously crafted haven designed for modern living.
Key Features:
-The property has a land area of 1,016 m². It is a house with 5 bedrooms, 3 bathrooms, and 2 parking spaces.
-5 large bedrooms + media room/study
-3 designer bathrooms (two ensuites) plus a powder room, beautifully crafted with LED mirrors and fluted modern shower panels.
-Spread across an impressive 34 squares, this home provides ample space for the whole family to thrive, ensuring everyone has their own slice of paradise situated on a large 1016m2 allotment.
Cook up a storm in the chef’s dream kitchen featuring stone bench tops and a butler’s pantry with two dishwashers and stainless steel appliances.
Generous laundry with plenty of storage
Stay cool in summer and cozy in winter with the ducted and zoned air-conditioning, ensuring comfort throughout the seasons for you and your loved ones.
Enjoy the luxury of two distinct living zones, providing versatility and privacy for modern family living.
Rest easy knowing your home is equipped with state-of-the-art security cameras and data cabling throughout, offering peace of mind and convenience at your fingertips.
Entertain in style with an expansive outdoor entertaining area that overlooks the inground sparkling pool, creating the perfect setting for memorable gatherings and relaxation under the sun.
Park with ease in the huge double garage, complete with extra space for your jet ski or motorbikes, catering to your adventurous lifestyle needs.
Newly landscaped grounds, enhancing the overall appeal of the home.
From the Domain.com.au listing
Source: stashproperty.com.au
About the Suburb
Carrara, QLD 4211, with a population of 13,138, attracts a diverse range of residents. The suburb has a mix of age groups, with a significant number of residents falling in the 25-44 and 45-64 age brackets. The median household income is $1,562 weekly. The majority of residents prefer to commute by motor vehicle, with a notable percentage working from home. The top three occupations in the area are Professionals, Managers, and Technicians/Tradesworkers. Carrara offers convenient access to public transport options like trains and buses, and there is a growing interest in cycling as well.
With a market absorption rate of 22.6%, Carrara presents a promising investment opportunity. The suburb has a solid median growth rate of 9.2%, indicating potential for capital growth. The low vacancy rate of 0.9% suggests high demand for rental properties. Both houses and units in Carrara offer attractive rental yields, with units boasting a slightly higher median yield of 5.2%. The sale price IQR ratio for houses (48.5%) and units (35.5%) indicates opportunities for renovation and value addition. The suburb also showcases a strong online search interest, pointing to sustained buyer demand.
Carrara is a vibrant suburb with diverse demographics, offering a mix of housing options suitable for both homeowners and investors. The suburb’s strong market fundamentals, including high rental yields, low vacancy rates, and a healthy market absorption rate, make it an attractive choice for property investment. For those considering Carrara for living, the suburb’s proximity to amenities, educational institutions, and public transport, coupled with a thriving community spirit, provide a quality lifestyle.
Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Median
Vacancy Rate
