Captains Flat (postcode 2623) is a small community in New South Wales within the Queanbeyan-Palerang Regional local government area. It is home to about 611 residents, with an established family demographic and a median age of 40. Households earn a median income of $85K per year, with an average household size of 2.4 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, clerical & administrative. Employment in the area leans toward public admin & safety and construction. The top ancestries reported are Australian, English, Irish.
The median house price in Captains Flat is $500,000, having risen steeply by 11.1% over the past year. The median weekly rent is $300 (Census 2021). This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,309.
Captains Flat is served by 1 school, including 1 primary. The average ICSEA score is 903, which is below the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,419 incidents per 100,000 population.
Looking at the investment signals, Captains Flat shows a gross rental yield of approximately 3.1%, rated as moderate yield. Property prices sit below the state median ($500K/$1.5M), which can point to relative value. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +11.1% year-on-year.