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Capella

POSTAL CODE: QLD, 4723
HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $345,000.

The upward trend in home prices in CAPELLA, 4723 averaged 13.61% per annum over a 3-year period.

Average weekly rents on listings have reached the $420 mark, reflecting a 6.33% increase in returns based on the current median price in CAPELLA.

An average of 2.67 real estate transactions take place per month in CAPELLA which translates to 32 per annum.

32 properties were sold in CAPELLA in 2016, making it the 411th most active market in QLD based on total real estate transactions.

CAPELLA, 4723 places 170th in Australia based on median property value growth during the quarter.

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