Capels Crossing (postcode 3579) is a small, quiet locality in Victoria within the Gannawarra local government area. It is home to about 54 residents, with a mix of families and early-career residents and a median age of 36. Households earn a median income of $55K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.3% year-on-year at the LGA level. VIC 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. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 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 labourers, professionals, managers. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Irish.
The current median weekly rent is $323. The median monthly mortgage repayment is $1,265.
The crime rate in the Gannawarra LGA is higher than average at 8,294 incidents per 100,000 population.
From an investment perspective, Population growth of -0.3% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.