Smart Buyers Blog


Buyers Agent Brisbane First Home Buyer Insights – What’s happening in Capalaba – New town centre to be the area’s biggest ever development

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As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in Capalaba.

Capalaba could have a new town centre if a $250 million project is given the go ahead.

The project, situated on a 1.55ha site behind the Capalaba Central Shopping Centre, would include restaurants, a new library, a village green, arts centre, community hall and better public transport, with the existing Capalaba Bus Interchange to be upgraded.

Council has recently signed a development agreement for the project, which could start as soon as 2023.

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Market Snapshot – Capalaba

Median house price House average annual price  growth Houses sold over past 12 months Median Unit price Unit average annual price  growth Units sold over the past 12 months Population Median age of residents % of renters
$770,000 35.09% 304 $433,750 18.03% 148 18,002 39 25.9%

Source: CoreLogic, ABS 2021 Census


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