Located in Queensland within the Redland local government area, Capalaba is a settled mid-to-large suburb (postcode 4157). With a population of 18,002, the suburb has an established family demographic with a median age of 39. Households earn a median income of $91K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.7% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, 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 healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Median house prices in Capalaba stand at $825,000, having risen steeply by 12.2% over the last twelve months. Units have a median price of $560,000 (+15.5% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,785.
Capalaba is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1009, which is around the national average of 1,000. Public transport access includes 2 rail stations, 111 bus stops. The crime rate in the Redland LGA is below average at 3,602 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 4.1%, which reads as moderate yield. Property prices are near the state median ($825K/$1.1M). The price-to-income ratio of 9.1x is considered moderate. House prices have moved +12.2% year-on-year. Population growth of +1.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.