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Suburb profile ·Queanbeyan-Palerang Regional LGA · NSW ·2623

Captains Flat NSW 2623

Captains Flat is in Queanbeyan-Palerang Regional LGA, NSW, postcode 2623, with population 611.

Median house $490K +8.8% YoY
Median rent $510/wk Rent-led investor candidate
Gross yield 5.4% Strong yield band
Population 611 611 local footprint
Schools 1 Matched school context
Decision trust

Strong evidence

Captains Flat has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.

5
Available
0
Verify
3
Missing
Rent-led investor candidate

Gross rent yield screens at about 5.4%. Postcode-derived rent for 2623. Multiple suburbs can share this rental market signal.

Open matching rent ranking
High yield, watch demand

5.4% gross yield but the LGA is flat. Treat as price-anchored, check demand.

Model in calculator
COMPARE THEN MODEL Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
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Current status
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Source & freshness

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Manual release files still matter here.

Manual release files parsed into suburb prices

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
NSW Valuer General · 2025-Q4 · Manual release refresh
medium stability · manual file · conditional refresh · release-based
Available
Market rent
NSW Fair Trading · 2025-04 · State market dataset
stable source · automated · every update · monthly
Available
Crime
BOCSAR · January 2025 - December 2025 · Area-level release dataset
medium stability · automated · every update · release-based
Available
Schools
ACARA 2025 · 1 schools matched
medium stability · manual file · snapshot · annual
Available
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 13 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · No linked annual population growth series
stable source · automated · every update · annual
Missing
Building approvals
ABS Building Approvals · No linked approvals series
stable source · automated · every update · monthly
Missing
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as Census rent fallback or low-confidence hospital matching.
Rent signal

Rent-led investor candidate

Gross rent yield screens at about 5.4%. Snapshot rent $510/wk.

Postcode-derived rent for 2623. Multiple suburbs can share this rental market signal.

Source level Postcode Confidence Medium Period 2025-04
$520/wk
+2.0% YoY
Mar 2025 → Apr 2026 · 8 periods
NSW Fair Trading · postcode 2623 · Apr 2026
$695
$500
Mar 2025Apr 2026
Evidence depth
Strong evidence

Captains Flat has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.

Next step

Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.

Direct
5

Property prices, Market rent, Crime, Schools

Verify
0

No fallback or lower-precision signals flagged.

Missing
3

Hospitals, Population growth, Building approvals

Decision intelligence
Growth-momentum

Captains Flat currently reads as a growth-momentum candidate with a income-first secondary angle.

Gross yield screens at about 5.4%. Entry price sits in the lower-cost range for a first-pass screen. Small local population makes the signal set more fragile.

Recommended next step

Compare it against a contrasting suburb before turning it into a decision.

Why it fits

Gross yield screens at about 5.4%. Entry price sits in the lower-cost range for a first-pass screen. Recent price movement shows visible market momentum.

What to check

Small local population makes the signal set more fragile.

Decisive gaps

No decisive evidence gap was detected from the current inputs.

Compare status

Compare-ready

Why people look here Intent
  • Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
  • Investors want to know whether rent, yield, and affordability broadly support the suburb story.
  • Researchers want one place that ties property, demographics, transport, and services together.
Local signals Mixed
Schools: 1 matched, including Captains Flat Public School.
Crime: 2,677 per 100k at the Queanbeyan-Palerang Regional LGA level.
Transport: 13 matched stops/stations across local feeds.

Price history

HousesUnits

Full data detail

Captains Flat NSW

Postcode 2623 · Queanbeyan-Palerang Regional LGA

Captains Flat is a small community in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2623). With a population of 611, the suburb has an established demographic with a median age of 40. Households earn a median income of $85K per year, with an average household size of 2.4 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, clerical & administrative. Employment in the area leans toward public admin & safety and construction. The top ancestries reported are Australian, English, Irish.

The median house price in Captains Flat is $490,000, having grown strongly 8.8% over the past year. The current median weekly rent is $510. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,309.

Captains Flat is served by 1 school, including 1 primary. The average ICSEA score is 903, which is below the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.

From an investment perspective, Captains Flat offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($490K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +8.8% year-on-year.

Investment signals
Rental Yield5.4% High Yield
Price vs State$490K/$1.5M Below Median
Affordability5.7x Affordable
Price Momentum+8.8% Rising
SEIFA index (ABS) — 1 = most disadvantaged, 10 = most advantaged
Advantage4/10
Education4/10
Economic4/10
Disadvantage4/10
Latest prices (state valuers)
Median house
$490K
8.8% YoY
Census 2021 (ABS)
Median rent /wk
$300
Population
611
Demographics
Median age40
Household size2.4
HH income /wk$1,644
Personal income /wk$1011
Mortgage /mth$1,309
Crime (Queanbeyan-Palerang Regional LGA)
Crime rate (per 100k)2,677
Total incidents1,750
Transport
Bus stops13
Schools (1)
Avg ICSEA903
Total students26
Government1
Captains Flat Public SchoolPrimary · Government · ICSEA 903
Data status
Property prices
NSW Valuer General · 2025-Q4 · Release dataset
Available
Market rent
NSW Fair Trading · 2025-04 · Market dataset
Available
Crime
BOCSAR · January 2025 - December 2025 · LGA-level dataset
Available
Schools
ACARA 2025 · 1 schools matched
Available
Hospitals
AIHW
Missing
Transport
GTFS · Stop-level feed
Available
Population growth
ABS ERP
Missing
Building approvals
ABS Building Approvals
Missing
Available means a local dataset is present. Verify means coverage exists but location confidence is limited.
Data: 2025
Sources: ABS Census 2021 · ABS dwelling prices · State Valuers General · ATO income · ACARA schools · AIHW hospitals · GTFS · state police

Captains Flat FAQ

Common questions
  1. What LGA is Captains Flat in?

    Captains Flat is in the Queanbeyan-Palerang Regional Local Government Area, NSW, postcode 2623. Council-level context for Queanbeyan-Palerang Regional LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in Captains Flat?

    The current median house price in Captains Flat, NSW is $490K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in Captains Flat?

    The median weekly rent in Captains Flat is $510/wk, based on the current market rent dataset. The current rent signal is rent-led investor candidate.

  4. What does the rent signal say about Captains Flat?

    Rent-led investor candidate: Gross rent yield screens at about 5.4%. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  5. Is Captains Flat a good investment?

    QuickProperty's investment signals for Captains Flat show: High Yield, Below Median, Affordable. These are computed from price, rent, income, and population data — not an opaque score.

  6. Where does QuickProperty get its data for Captains Flat?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  7. How often is the Captains Flat data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.