1566b Creek Rd, Carina is a 5 bedroom, 5 bathroom Unit with 2 parking spaces and was built in 2024. The property has a land size of 430m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 5 bedroom Unit sold in Carina in the last 12 months.
A premier opportunity for astute investors, this near-new turnkey investment promises high returns and low overheads in a prime position. Expertly designed for maximised income, the rooming accommodation generates $140,660 annually and boasts the potential for even stronger earnings in the current rental market.With no Body Corporate fees, a solar power system, and five fully furnished units, the property offers a hassle-free, high-yield addition to your portfolio with minimal operating costs.Each modern unit includes a private living space, kitchenette, bedroom, ensuite and courtyard/balcony. Residents also have access to a large communal kitchen, laundry and a shared yard. Four-car parking is provided by two lock-up garages and two additional car spaces, and public transport is within walking distance.With the CBD 9.8km away, this location offers excellent proximity to amenities. Westfield Carindale, Cannon Hill Kmart Plaza and Bunnings are only 5 minutes away, and Belmont Private Hospital, universities and schools are easily accessible.Presenting an exclusive opportunity to secure an optimised asset in a high-growth corridor with immediate income and future upside, this low-maintenance property is the ideal set-and-forget investment.Property highlights include:- Near-new turnkey investment property built in October 2023- Class 1B residential zoning rooming accommodation- $140,000+ annual returns, with potential for greater rental income- No Body Corporate fees and 15kw solar system, minimising operating expenses- 5 units, each with living, kitchenette, bedroom, ensuite and courtyard/balcony- Large communal kitchen, laundry and shared yard- 2 lock-up garages and 2 additional car spaces- Prime position 9.8km from the CBD and walking distance to city bus stops- 5 minutes to Westfield Carindale and Cannon Hill Kmart PlazaDisclaimer:This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposesDisclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
The size of Carina is approximately 4.5 square kilometres. It has 15 parks covering nearly 22.5% of total area. The population of Carina in 2016 was 11019 people. By 2021 the population was 11678 showing a population growth of 6.0% in the area during that time. The predominant age group in Carina is 30-39 years. Households in Carina are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carina work in a professional occupation.In 2021, 63.60% of the homes in Carina were owner-occupied compared with 61.90% in 2016.
Carina has 5,750 properties. Over the last 5 years, Houses in Carina have seen a 94.50% increase in median value, while Units have seen a 118.45% increase. As at 31 December 2025:
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