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Westfield Carindale is a major regional shopping center located in the affluent southeastern suburb of Carindale, approximately 12 kilometers from Brisbane CBD. Opened in 1974 and expanded multiple times, it features a gross leasable area of around 122,000 square meters with over 370 specialty stores, including anchors such as Myer, David Jones, Coles, Woolworths, and Kmart. The tenant mix emphasizes premium fashion brands like David Jones and international labels, alongside food courts, entertainment options including Event Cinemas with 14 screens, and an adjoining bulky goods precinct at Carindale Home and Leisure Centre.
It services a primary trade area of about 250,000 residents and a total trade area exceeding 738,000, characterized by above-average household incomes and retail spending of $20,109 per capita in the main area, 10% higher than the Brisbane metro average. Annual footfall reaches approximately 15 million visitors, supported by strong sales performance averaging over $11,000 per square meter for specialty stores.
Occupancy stands at 99.4% as part of Scentre Groups portfolio, with recent leasing spreads of 1.7% and rent escalations around 4.4%.
Accessibility includes over 5,000 parking spaces, bus interchanges, and proximity to major roads like Old Cleveland Road, though peak-hour traffic congestion poses challenges.
Market position as Brisbanes second-largest mall benefits from a professional demographic with 80% white-collar workers, but faces saturation from nearby competitors like Westfield Chermside and Garden City.
Leasing advantages include high visibility and stable occupancy, yet high base rents around $1,500-$2,000 per square meter annually require robust sales thresholds.
Operational quality is high with recent sustainability upgrades, including 100% renewable energy from 2025, but aging infrastructure in some sections may need investment.
Overall, it offers solid performance in a competitive market, with risks from economic slowdowns impacting discretionary spending.
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Hours of Operation
Hours
| Monday | 09:00 AM — 05:30 PM |
| Tuesday | 09:00 AM — 05:30 PM |
| Wednesday | 09:00 AM — 05:30 PM |
| Thursday | 09:00 AM — 09:00 PM |
| Friday | 09:00 AM — 05:30 PM |
| Saturday | 09:00 AM — 05:00 PM |
| Sunday | 10:00 AM — 05:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographic Profile
The catchment area for Westfield Carindale features an affluent population with a total trade area of over 738,000 residents and a main trade area of around 250,000. Household incomes are above the Brisbane average, with retail spend per capita at $20,109 in the main area, 10% higher than the metro figure of $18,298. Demographics include 29% of households with children under 15, aligning with city norms, and 80% of workers classified as professionals or white-collar, exceeding the 72% metro average. This supports strong performance in fashion and lifestyle categories, though reliance on middle-to-upper income families exposes it to economic volatility in discretionary retail sectors.
Tenant Mix and Accessibility
Westfield Carindale hosts a diverse tenant mix with 370+ specialty stores focused on premium fashion, department stores (Myer, David Jones), supermarkets (Coles, Woolworths), and entertainment via Event Cinemas. Food and beverage options comprise 15% of space, enhancing dwell time. Annual footfall of about 15 million benefits from the mix, driving specialty sales over $11,000 per square meter. Accessibility includes 5,300 free parking spaces and bus connections via the Carindale Interchange, but heavy reliance on car access leads to congestion on surrounding roads like Creek Road during peaks. Proximity to the CBD (12 km) aids draw, yet public transport limitations may hinder younger, urban demographics.
Market Risks and Competition
As Brisbanes second-largest mall, Westfield Carindale maintains 99.4% occupancy and 4.4% rent growth in 2024, but faces intense competition from nearby centers like Westfield Chermside (larger at 145,000 sqm) and Westfield Garden City, leading to market saturation in the southeast corridor. High base rents of $1,500-$2,000 psm demand strong turnover rents, with challenges from online retail erosion in categories like apparel. Infrastructure issues, including aging sections pre-2010 expansions, and traffic access bottlenecks pose operational risks. Broader market factors, such as Queensland retail sales growth of 3.7% in early 2025, support stability, but economic pressures could impact footfall if consumer confidence wanes.
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Brisbane, QLD
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Brisbane, QLD
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