Capalaba QLD Property Investment

Redland · 4157 · Score: 63/100 · Hold

Median House Price
$1.16M
Rental Yield
3.2%
Vacancy Rate
1.2%
Median Weekly Rent
$720/wk
Median Unit Price
$802K
Population
18,002
Days on Market
22 days
Annual Growth
12.3%

Capalaba Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$385.88/night
Occupancy Rate
44%
Est. Annual Revenue
$62K
AI Investment Analysis

Capalaba QLD Investment Brief

HOLD3.2% gross yield on a $1,156,625 median.

THE MARKET

Capalaba has compounded at 2.6%/yr over 5 years — a house that cost $1,017,316 in 2021 is worth $1,156,625 today. Properties are sitting on market for 22 days (sellers have the leverage). At the same growth rate, today's median reaches $1,315,011 by 2031.

  • Median house: $1,156,625 | Units: $802,052
  • Gross yield: 3.2% | Net yield: 1.7%
  • 5yr price CAGR: 2.6%/yr | 3yr forecast: 13.5%/yr
  • Population: 18,002 | Owner-occupier rate: 74% | Affluence: Above Average
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 1.2% (improving) | Rental demand: Very High
  • Median weekly rent: $720/wk | Days on market: 22 (improving)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

  • Median nightly rate: $386/night | Occupancy: 44%
  • Estimated annual STR gross: ~$61,972/yr
  • vs long-term rent: $37,440/yr (+66% STR premium — factor in higher management costs)

INFRASTRUCTURE & CATALYSTS

  • Brisbane 2032 Olympic Games Infrastructure (Announced)
  • Transport: Thorneside station station 4.1km away

BULL CASE

If Capalaba maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $1,330,119 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Capalaba pull back 10-15% from $1,156,625, with vacancy rising to 2.2% and rental yields softening as tenants gain leverage.

KEY RISKS

  • Flood risk: MODERATE (qld_arcgis) — part of the suburb sits near waterways or in a mapped flood-prone area

COMPARABLE MARKETS

  • Springfield Lakes (QLD): $1,070,949 median, 3.2% yield, 13.0% 1yr growth
  • Ellen Grove (QLD): $878,386 median, 3.7% yield, 18.6% 1yr growth
  • Waterford (QLD): $997,414 median, 3.5% yield, 6.6% 1yr growth

THE PLAY

Capalaba offers balanced fundamentals but does not present an urgent buying signal. The market is in a cooling phase with low vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.

  • Entry range: $1,040,962$1,272,288
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Early gentrification signals4.5/10
Middle-tier SEIFA — moderate gentrification pressure
Inner/middle ring location (17.6km to CBD) — high gentrification corridor
Active development pipeline (5438 approvals) — supply attracting new residents
Strong public transport infrastructure — supports walkable gentrification

Growth Forecast

high confidence
1yr Forecast
3.3%
p.a.
2yr Forecast
3.0%
p.a.
5yr Forecast
2.6%
p.a.

Basis: 5yr CAGR 2.6% + 10yr CAGR 3.6%

Growth drivers
  • +Very tight rental market (vacancy 1.2%) — upward price pressure
  • +Active market (22 days avg)
  • +Premium transport infrastructure — supports long-term capital growth
Headwinds
  • High supply pipeline (5438 new approvals) — may cap price growth

Suburb Metric Thresholds

6 green7 yellow3 red
Rental Vacancy Rate
1.2 high impact
Days on Market
22 high impact
Weekly Rent (house)
720 medium impact
5yr Price CAGR
2.65 high impact
10yr Price CAGR
3.59 high impact
1yr Price Growth
12.25 medium impact
Population Growth
0.76 high impact
Median Household Income
1794 medium impact
Unemployment Rate
4.4 medium impact
Public Transport Score
41 medium impact
School Zone Quality
7.2 medium impact
Distance to CBD
17.56 medium impact
SEIFA Advantage/Disadvantage
5 medium impact
Owner Occupier Rate
73.9 medium impact
Gross Rental Yield (%)
3.24 high impact
Net Rental Yield (%)
1.74 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

755

2020

1,160

2021

1,111

2022

1,031

2023

1,381

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 4157

Most disadvantagedLeast disadvantaged

Decile 6 of 10 — Average

Population

19,771

Education (IEO)

5/10

Econ. Resources (IER)

7/10

10-Year Investment Projection

Modelled on Capalaba QLD data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $720/wk median rent for Capalaba. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Capalaba State College
PrimaryGovernment
5.8/10
Capalaba State College
SecondaryGovernment
5.8/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

Analyse a Property in Capalaba

Get instant STR rules, granny flat feasibility, rental yield, and full investment strategy comparison for any address in Capalaba.

Analyse a Property →

Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.