Redland City – Suburb Report: Capalaba, QLD

November 14, 2024 |

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Date Prepared: 13th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).


Overview

Capalaba, located approximately 19 km southeast of Brisbane’s CBD, is a bustling suburb in the Redland City region. Known for its excellent connectivity, extensive amenities, and strong property market, Capalaba serves as a regional hub for both residential and commercial activities.


Demographics

  • Population: Approximately 17,500 (2021 Census, ABS).
  • Median Age: 38 years, reflecting a working-age population with a mix of families and professionals.
  • Dwelling Type: Predominantly standalone houses with a growing number of units and townhouses.
  • Ownership: A balanced mix of owner-occupiers and renters, catering to diverse demographics.

Property Market (2024)

Houses

  • Median Sale Price: $852,000 (+14.1% annual growth).
  • Median Weekly Rent: $670.
  • Rental Yield: 4.1%.
  • Sales Volume: 231 recorded house sales over the past 12 months.

Units

  • Median Sale Price: $575,000 (+14.9% annual growth).
  • Median Weekly Rent: $550.
  • Rental Yield: 5.0%.

Long-Term Trends (2006–2024)

  • Capalaba’s property market has shown consistent growth, with the median house price increasing from $321,000 in 2006 to $852,000 in 2024.

Recent Notable Sales

  • 8 Willard Road: $1,050,000 (Nov 2024).
  • 1 Conondale Place: $920,000 (Nov 2024).
  • 20 Riley Drive: $963,000 (Nov 2024).

Source: Pricefinder, Your Investment Property Magazine.


Education

Capalaba provides access to a range of quality schools, catering to all levels of education:

  • Primary Schools:
    • Capalaba State College (Primary Campus).
    • Coolnwynpin State School.
  • Secondary Schools:
    • Capalaba State College (Secondary Campus).
  • Private Schools:
    • St. Luke’s Catholic Parish School.

Source: Queensland Department of Education, Landchecker.


Amenities and Lifestyle

Shopping

  • Capalaba Central Shopping Centre: Home to major retailers, supermarkets, and dining options.
  • Capalaba Park Shopping Centre: Offers additional retail and entertainment facilities.

Parks and Recreation

  • Capalaba Regional Park: Features large open spaces, picnic areas, and playgrounds.
  • IndigiScapes Centre: A nature and conservation hub with walking trails and educational programs.
  • Coolnwynpin Creek Corridor: A tranquil area ideal for walking and outdoor activities.

Source: Google, Walkscore.


Transport and Accessibility

  • Road Network:
    • Capalaba is well-connected via Old Cleveland Road and Redland Bay Road, offering seamless travel to Brisbane and the bayside suburbs.
  • Public Transport:
    • Regular bus services link Capalaba to Brisbane and other Redlands suburbs.
  • Walkability:
    • Moderate; the suburb offers good access to amenities and public transport hubs.

Source: TMR Queensland, Walkscore.


Recent and Planned Developments

  • Commercial Expansion: Ongoing growth in commercial spaces to support Capalaba’s status as a regional business hub.
  • Residential Projects: Increasing development of townhouses and units to meet demand for affordable housing options.

Source: Pricefinder, Your Investment Property Magazine.


Community and Employment

  • Employment Sectors:
    • Dominated by retail, healthcare, education, and trade industries.
  • Community Activities: Regular markets, cultural events, and recreational programs enhance community engagement.

Source: ABS, Your Investment Property Magazine.


Key Statistics at a Glance

MetricValue
Population~17,500 (2021 Census).
Median House Price (2024)$852,000.
Median Rent (Houses)$670/week.
Rental Yield (Houses)4.1%.
Median Unit Price (2024)$575,000.
Median Rent (Units)$550/week.
Rental Yield (Units)5.0%.
Notable ParksCapalaba Regional Park, IndigiScapes, Coolnwynpin Creek Corridor.
Transport AccessOld Cleveland Road, bus services.

Conclusion

Capalaba offers a dynamic blend of residential and commercial opportunities. Its strong growth in property prices, excellent amenities, and strategic location near Brisbane and the Bayside make it a standout suburb for families, investors, and professionals alike.

We hope that you have found Redland City – Suburb Report: Capalaba, QLD helpful.

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