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Captains Flat, NSW 2623

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Captains Flat, NSW 2623 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Captains Flat, NSW 2623”

  1. The total adult population (15 years or older) of Captains Flat 2623 NSW is 489, with a median age of 40. Of those, 37.63% are married, 19.22% are divorced or separated, 37.22% are single and 5.52% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $8,844. The median monthly mortgage repayment for households in this suburb is $1,309 which is 14.80% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in NSW, the suburb of Captains Flat, 2623, houses an approximate total of 361 households. As per the statistics of Q3 2023, the typical price for housing in Captains Flat stands at $405,349, matched with a median weekly rent rate of $500. This boils down to an attractive indicative yield of 6.4%, well beyond the minimum market requirement of 3%, exemplifying promising returns for cash-flow centred property investors.

    The suburb flaunts an IRSAD score of 952 out of 1217, denoting a reasonably good socio-economic status with somewhat advantageous access to economic resources and opportunities within the community. The renter to owner ratio in the area casts a desirable figure of 17%, presenting a balanced market that is neither too saturated with rental properties nor overly competitive for property investors. This, paired with a zero units to houses ratio, fortifies the appeal of Captains Flat as an attractive proposition for those eyeing longer tenancy periods, largely thanks to a market dominated by houses which generally magnetize more families.

    In terms of affordability, Captains Flat appears to be a front-runner with an affordability index pegged at just 18 years against the standard 30-year mortgage. This suggests a high affordability rate attractive for both property investors and buyers.

    Supply-wise, the area sees a Nakul friendly stock on market percentage of 0.28% and favourable inventory levels at 1.89 months, while the building approvals ratio is relatively high at 3.88%, indicating a strong influx of new housing stock.

    The average days on market for houses in the area is slightly above the desirable range, clocking in at 39 days – but given the favourable indicators above, this could be cushioned by the rest of the positive metrics. Also worth noting is the relatively high vacancy rate of 5.0%, which could signal a currently high supply, but this should also be seen against the backdrop of other favourable metrics.

    Online searches for property buying in Captains Flat are relatively low, with a buy search index of 3, which may indicate somewhat limited demand. However, given the other highly positive indicators of the suburb’s property market, potential investors and buyers should consider the overall picture rather than relying solely on this factor.

    In conclusion, despite these few areas for caution, Captains Flat shows strong promise as an investment opportunity thanks to its blend of favourable returns, appealing socio-economic conditions and strong affordability. As always, savvy investors will keep an eye on trends in the area and look into multiple metrics, possibly also using advanced analytical tools like the HtAG’s Relative Composite Score, to make the best investment decision.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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