8 Bailey St, Capella is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2007. The property has a land size of 1012m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2011.
DUAL LIVING OPPORTUNITY!
Located in the soon to be awaken town of Capella is this great investment opportunity! The property consists of a 3 bedroom house which is currently tenanted on a periodic lease with a good return and also has the option of building another dwelling to the rear. The block is over a 1000m2 and is positioned in the heart of town, walking distance to all amenities. The town itself has a near zero vacancy rate with rentals, and with the proposed mines going ahead this will only increase demand and returns further.
The current house has 3 bedrooms all with built in robes, master with ensuite, split system air-conditioning, open plan living / dining and kitchen. The home is poled up off the ground and has a nice verandah to the rear and large enough porch to sit out the front and watch the world go by after a hard days work. There is a single garage and plenty of off street parking and the house was built in 2006.
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 558 properties. Over the last 5 years, Houses in Capella have seen a 72.87% increase in median value, while Units have seen a 91.34% increase. As at 31 January 2026:
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