Question 1

Is Captains Flat a nice place to live?

Accepted Answer

Captains Flat is a small former mining village in the Southern Tablelands, tucked into a gully beside the Molonglo River and framed by native bush and nearby state forest. Its built character recalls its mining past, with weatherboard miners' cottages and modest postwar homes clustered near a compact village centre and larger rural-residential blocks spreading into paddocks and bushland. It suits people after a quiet country lifestyle with easy access to bushwalking, fishing and riding, and there are basic shops and community facilities while Canberra and Queanbeyan are an easy drive away.

The town is home to 611 people, with a median age of 40 and a median household income of $1,644 a week. Families are largely couples, and most homes are owner-occupied — about 82.8% combined (48.7% with a mortgage, 34.1% owned outright) with 17.2% rented. Captains Flat is also the focus of government remediation work on former mine and rail sites, and council-led park clean-ups and a community plan propose further footpaths, a perimeter walking track, pool improvements and other upgrades to community facilities.

Question 2

Is it expensive to live in Captains Flat?

Accepted Answer

Captains Flat hasn't had enough recent sales or rentals to publish reliable house or unit prices and rents. Without current price and rent figures, there's no clear way to compare housing costs with what a typical local household earned at the last Census.

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

Question 3

Is Captains Flat a good place to invest?

Accepted Answer

The house market in Captains Flat recorded a strong rise over the past 12 months, with median house values up 17.4%.

For someone considering Captains Flat as an investment, that movement shows capital growth in houses over the year. Whether that aligns with your investment goals depends on your objectives and circumstances.

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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	17.4%	N/A
Sold Past 3 months	N/A	N/A
Median days on market Past 12 months	57	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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