Plans for a new powerhouse and lighthouse were made in January 1962 and July 1963 respectively.
By 1964 construction was complete and the new light was operational.
It was the first of a group of seven concrete towers erected between 1964 and 1979, followed by New Caloundra Light, Point Danger Light, New Burnett Heads Light, Fitzroy Island Light, Point Cartwright Light and Archer Point Light.
In 1968 the light source was converted to 240 V AC operation.

Since its construction and until 1978, Cape Capricorn lightstation served as the base radio station for a network of lighthouses in the area including North Reef Light, Lady Elliot Island Light, Pine Islet Light and Dent Island Light.
On 18 December 1978 this role was transferred to Bustard Head Light.

On 8 December 1983, the House Standing Committee on Expenditure tabled its report on the inquiry into lightstations entitled "Lighthouses: Do we keep the keepers?".
The report recommended the demanning of 24 lightstation, including Cape Capricorn.
In 1988 the station was finally converted to solar power (and presumably demanned).
The lantern has been removed, and a self-contained beacon was installed.
Ownership of the station was transferred to the Great Barrier Reef Marine Park Authority in 1991, back to the Australian Maritime Safety Authority in 1995 and then to the Queensland Government in July 1997, which employs a caretaker at one of the residences.
The rest are privately leased.
Plans for a new powerhouse and lighthouse were made in January 1962 and July 1963 respectively. By 1964 construction was complete and the new light was operational. It was the first of a group of seven concrete towers erected between 1964 and 1979, followed by New Caloundra Light, Point Danger Light, New Burnett Heads Light, Fitzroy Island Light, Point Cartwright Light and Archer Point Light. In 1968 the light source was converted to 240 V AC operation.
Since its construction and until 1978, Cape Capricorn lightstation served as the base radio station for a network of lighthouses in the area including North Reef Light, Lady Elliot Island Light, Pine Islet Light and Dent Island Light. On 18 December 1978 this role was transferred to Bustard Head Light.
On 8 December 1983, the House Standing Committee on Expenditure tabled its report on the inquiry into lightstations entitled "Lighthouses: Do we keep the keepers?". The report recommended the demanning of 24 lightstation, including Cape Capricorn. In 1988 the station was finally converted to solar power (and presumably demanned). The lantern has been removed, and a self-contained beacon was installed. Ownership of the station was transferred to the Great Barrier Reef Marine Park Authority in 1991, back to the Australian Maritime Safety Authority in 1995 and then to the Queensland Government in July 1997, which employs a caretaker at one of the residences. The rest are privately leased.
Cape Capricorn Light