Get a property report and suburb profile for any property in Capalaba

Capalaba is a bayside suburb on Brisbane’s eastern fringe that functions as the area’s commercial and transport hub. The centre around Old Cleveland Road and Mount Cotton Road contains major retail centres, shops and services, while surrounding streets mix older low-set Queenslanders and newer townhouses. Tingalpa Creek and the Moreton Bay foreshore are close by for walking and boating, and regular bus links make travel to neighbouring suburbs and the city straightforward. The suburb also contains the Translink Capalaba bus interchange, and council advocacy for an Eastern Busway extension, park-and-ride and interim express bus measures aims to strengthen those links further.

Home to 18,002 people with a median age of 39, Capalaba is a suburb where families dominate the mix and most homes are owner-occupied (73.6%). It suits families and downsizers who prize practical amenities, local parks and nearby waterways. The Capalaba Town Centre Revitalisation will add a new council library, customer service centre, community arts facilities, office space and multi-level underground parking, and the Redlands Coast Eco Precinct at IndigiScapes is progressing a RSPCA-led Wildlife Hospital and centre of excellence. Whether it suits you comes down to what you’re after in a bayside suburb.

Buying a house in Capalaba sits at about 11.8 times a typical local annual household income at the last Census. The median house price is $1,068,700 while that typical annual household income (weekly income times 52) was $90,844. Renting also takes a large share of that weekly income: a house rent of $720 a week would use about 41.2% and a unit rent of $570 a week about 32.6%. On these figures, buying is well above local incomes and renting would still take a sizeable to large share of income.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months in Capalaba, house values rose 15.5% and unit values rose 13.7%, both strong increases. Rents moved higher as well: house rents climbed 10.8% (a strong rise) while unit rents rose 8.6% (a solid rise). The value figures speak to capital growth over the year and the rent figures speak to rental income, and on both measures houses outperformed units this year — house price growth and house rent growth were each larger than the unit equivalents. Whether that balance suits your objectives and circumstances is for you to weigh.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.