6 Conran St, Capella is a 14 bedroom, 6 bathroom House with 6 parking spaces and was built in 1978. The property has a land size of 2028m2 and floor size of 114m2.
Here is a great opportunity to purchase a 2031m2 allotment in the centre of town. There are two 3 bedroom units on the back of the block and four 2 bedders towards the front, all with individual carports. The units are separate and elevated, and the block is well maintained. All of the units are tenanted, and being in such an ideal location vacancy will never be an issue. Low maintenance, great location, and extreme return potential, this is the full package!
Rental income across all units is approx $1490 per week and Rates $13734.80 per year.
Contact Wendy Thornberry at Elders Real Estate to arrange a viewing or to discuss options with this purchase.
The size of Capella is approximately 9.4 square kilometres. It has 1 park covering nearly 1.8% of total area. The population of Capella in 2016 was 1010 people. By 2021 the population was 974 showing a population decline of 3.6% in the area during that time. The predominant age group in Capella is 0-9 years. Households in Capella are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Capella work in a trades occupation.In 2021, 49.20% of the homes in Capella were owner-occupied compared with 55.10% in 2016.
Capella has 559 properties. Over the last 5 years, Houses in Capella have seen a 19.24% increase in median value, while Units have seen a 142.51% increase. As at 31 March 2026:
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