Capel is a smaller suburb in Western Australia within the Capel local government area (postcode 6271). With a population of 2,606, the suburb has an established demographic with a median age of 42. Households earn a median income of $74K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Capel is $528,000, having surged 17.2% over the past year. Units have a median price of $230,000. The current median weekly rent is $600. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $1,498.
Capel is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1015, which is around the national average of 1,000. Public transport access includes 2 bus stops.
From an investment perspective, Capel offers a gross rental yield of 5.9%, rated as high yield. Property prices sit below the state median ($528K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved +17.2% year-on-year.
Capel is a smaller suburb in Western Australia within the Capel local government area (postcode 6271). With a population of 2,606, the suburb has an established demographic with a median age of 42. Households earn a median income of $74K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Capel is $528,000, having surged 17.2% over the past year. Units have a median price of $230,000. The current median weekly rent is $600. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $1,498.
Capel is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1015, which is around the national average of 1,000. Public transport access includes 2 bus stops.
From an investment perspective, Capel offers a gross rental yield of 5.9%, rated as high yield. Property prices sit below the state median ($528K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved +17.2% year-on-year.