This study aims to elucidate the structure–property–process relationship of 3D printed polyamide and short carbon fibre-reinforced polyamide composites. The macroscopic properties (tensile modulus) of the 3D printed samples are quantitatively correlated to the printing process-induced intrinsic microstructure with multiple interfaces. The samples were printed with different layer thicknesses (0.1, 0.125 and 0.2 mm) to obtain the varied number of interface densities (number of interfaces per unit sample thickness). The result shows that the printed short carbon fibre-reinforced polyamide composites had inferior partially bonded interfaces compared to the printed polyamide, and consequently exhibited interface-dependent elastic performance. The tensile modulus of 3 mm thick composites decreased up to 18% as a function of interface density, whilst the other influencing aspects including porosity, crystallinity and fibre volume fraction (9%) were the same. Injection moulding was also employed to fabricate samples without induced interfaces, and their tensile properties were used as a benchmark. Predictions based on the shear-lag model were in close agreement (<5%) with the experimental data for the injection-moulded composites, whereas the tensile modulus of the printed composites was up to 38% lower than the predicted modulus due to the partial bonded interfaces.