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Capalaba suburb profile

Capalaba is a bustling suburb located in the Redland City region, approximately 20km southeast of Brisbane's CBD. Known for its vibrant commercial precinct, Capalaba offers a wide range of shopping, dining, and entertainment options, making it a central hub for the surrounding areas. The suburb is well-serviced by public transport and major roadways, providing easy access to Brisbane and the Gold Coast. Capalaba is also home to several parks and recreational facilities, including the popular Capalaba Regional Park, which offers outdoor activities for families and nature enthusiasts. Its blend of urban convenience and suburban tranquility makes Capalaba a desirable location for residents and businesses alike.

Capalaba property market performance

Current median dwelling price$943,750Past 3 months

Property growth+13.0%Past 12 months

Capalaba’s property market has experienced robust growth over the past 12 months, with house values increasing by 15.9% and unit values rising by 10.1%. The median house price over the past three months has averaged $1.14 million, while units have averaged $745,000, indicating strong demand across both property types.

Sales activity has been active, with 64 houses and 13 units sold in the past three months. Properties are moving quickly, with houses spending a median of just 10 days on the market and units 12 days, reflecting a competitive market environment.

The rental market in Capalaba has also seen significant changes, with average rent for houses increasing by 7.7% and units by 6.1% over the last 12 months, highlighting a strong demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$1.14M$745K
Change in value
Past 12 months
15.9%10.1%
Sold
Past 3 months
6413
Median days on market
Past 12 months
1012
Average rent
Past 12 months
$700$560
Change in rent
Past 12 months
7.7%6.1%

5 year median price trend for houses and units

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Capalaba demographics

Capalaba, located in the Redland City region of Queensland, is a thriving suburb known for its family-friendly environment and convenient access to both urban amenities and natural attractions. With a population of 18,002, Capalaba offers a balanced lifestyle for its residents. The median age of 39 suggests a mature community, with a significant number of families choosing to settle here due to the suburb's appealing mix of suburban tranquility and accessibility to Brisbane's city center.

The suburb's housing market reflects a stable community, with 30.5% of properties owned outright and 43.1% owned with a mortgage. This indicates a strong sense of homeownership and long-term residency among its inhabitants. Rental properties make up 26.4% of the housing market, providing options for those seeking flexibility or temporary accommodation. The median total household income of $1,747 per week supports a comfortable standard of living, aligning with the area's family-oriented demographic.

Family structures in Capalaba are diverse, with 42.1% of households being couple families with children, and 38.5% being couple families without children. One-parent families account for 18.2% of the community, highlighting the suburb's inclusive nature. Capalaba's proximity to shopping centers, parks, and schools makes it an attractive location for families, while its blend of residential and commercial areas supports a vibrant local economy. The suburb's appeal lies in its ability to offer a peaceful suburban lifestyle without sacrificing the conveniences of city living.

Capalaba infrastructure, key developments and investment opportunities

Capalaba continues to benefit from its role as a major retail and commercial hub for the Redlands, with two established shopping centres and bulky goods precincts supporting local employment and underpinning steady demand for nearby residential property.[5] The suburb’s extensive network of parks and sporting facilities, combined with convenient access to the Brisbane CBD, airport and coastal areas via key arterial roads, helps maintain its appeal for families and commuters and supports long-term livability.[1][5]

Local education is a drawcard, with Capalaba State College offering Prep to Year 12 on a single campus, which is attractive to households seeking schooling continuity close to home.[8] While there are no widely publicised new transport lines or major infrastructure overhauls specific to Capalaba at this time, its established amenities, strong owner-occupier base and strategic location within Redland City continue to underpin property values and buyer interest.[2][5]

Capalaba rental market trends

The rental market in Capalaba has experienced moderate growth, with house rents increasing 7.7% over the past year to $700 per week, while unit rents have risen 6.1% to $560 per week. This steady growth reflects the suburb's appeal, supported by its convenient location and ongoing development, making it an attractive option for both renters and investors.

Suburbs near Capalaba

Some popular suburbs near Capalaba include:

How does Capalaba compare to nearby suburbs?

  • Median house prices: Capalaba’s median house price is 7.1% higher than Alexandra Hills’s.
  • House price growth: Over the past 12 months, house prices in Capalaba have grown 0.5% higher than in Alexandra Hills.
  • Unit price growth: Over the past 12 months, unit prices in Capalaba have grown 12.4% higher than in Alexandra Hills.
  • Selling speed for houses: Properties in Capalaba are selling 9.1% faster than in Alexandra Hills.
  • Selling speed for units: Properties in Capalaba are selling 36.8% faster than in Birkdale.
  • Investment considerations: In Capalaba, the rental yield for house is 0.7% lower than the Brisbane average, while the rental yield for units is 13.8% lower.
  • House price growth: Over the past 12 months, house prices in Capalaba have grown 16.3% lower than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Capalaba have grown 7.1% lower than the average rate of growth for units across Brisbane.

Common questions about Capalaba

  • Is Capalaba a nice place to live?

    Capalaba is a delightful suburb that offers a fantastic blend of urban convenience and suburban charm, making it a wonderful place to call home. With its vibrant atmosphere, Capalaba is known for its bustling commercial precinct, providing residents with a plethora of shopping, dining, and entertainment options. The suburb's lively vibe is complemented by its strong sense of community, making it an inviting place for families and individuals alike. The presence of several parks and recreational facilities, including the popular Capalaba Regional Park, ensures that there are plenty of opportunities for outdoor activities and relaxation.

    Families will find Capalaba particularly appealing due to its family-friendly environment and access to quality education, such as Capalaba State College, which offers schooling continuity from Prep to Year 12. The suburb's strategic location provides easy access to Brisbane and the Gold Coast, thanks to its well-serviced public transport and major roadways. This connectivity makes it an ideal choice for commuters seeking a balance between work and leisure.

    While Capalaba offers a peaceful suburban lifestyle, it does come with some trade-offs. The suburb's popularity and central location mean that it can be quite busy, particularly around its commercial areas. However, this is balanced by the tranquility found in its residential streets and green spaces. Safety is generally not a major concern, contributing to the suburb's overall livability.

    Ultimately, Capalaba's unique blend of urban amenities, natural attractions, and a welcoming community make it a nice place to live. Whether you're a family looking for a supportive environment or an individual seeking a vibrant yet peaceful lifestyle, Capalaba has something to offer everyone.

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  • Is it expensive to live in Capalaba?

    Living in Capalaba can be quite a financial commitment, especially when compared to the average income in the area. The current median house price in Capalaba is $1,142,500, which is a significant investment. For those considering renting, the average rent for houses is around $700 per week, while units are slightly more affordable at $560 per week. These housing costs are relatively high, particularly when you consider that the average annual wage in Brisbane is about $70,000.

    With the median total household income in Capalaba being $1,747 per week, a substantial portion of this income would likely go towards housing expenses, whether buying or renting. This means that living in Capalaba could be challenging for those earning an average wage, as a significant part of their earnings would be dedicated to covering housing costs. While Capalaba offers a convenient location within Greater Brisbane, it's essential to carefully evaluate your financial situation if you're thinking of living there, as the cost of living is on the higher side compared to the average income levels.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Capalaba a good place to invest?

    Capalaba is showing promising signs as a solid investment suburb, with notable growth in both property values and rental returns over the past year. The median house value has increased by an impressive 15.9%, while units have also seen a healthy rise of 10.1%. This upward trend suggests a strong demand for properties in the area, making it an attractive option for investors looking for capital growth.

    In addition to property value appreciation, rental returns in Capalaba have also been on the rise. House rents have increased by 7.7%, and unit rents by 6.1% over the last 12 months. This indicates a robust rental market, which is appealing for investors seeking steady rental income. The suburb's family-friendly environment, coupled with its proximity to essential amenities and transport links, adds to its appeal for both renters and buyers.

    Overall, Capalaba offers a compelling mix of strong capital growth potential and reliable rental returns. Its recent performance in the property market suggests that it is well-positioned for continued growth, making it a worthwhile consideration for those looking to invest in real estate.

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Choose the right real estate agents in Capalaba

Currently, there are 132 real estate agents working in Capalaba—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 132 agents sold 39.2% of all properties in Capalaba over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Capalaba typically charge a commission of 2.8% to 3.13%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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