FOR SALE
$850,000

12 Spear Street
Cape Paterson VIC 3995

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 547m2
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FAMILY HOME

Welcome to holiday or permanent living in a quiet tree-lined street.
Upstairs reveals open-plan living with split system, new kitchen with dishwasher, large electric oven and cooktop and ample bench space. A huge rear entertaining deck is ideal for the family BBQ and soaking in the sun after a day at the beach, a great extension of indoor / outdoor living zones. Also enjoy the treed outlook from the second deck at the front. The two bedrooms also have access to decks, a relaxing way to wake up with your morning coffee. A separate bathroom is on this level.
Downstairs comprises of another two spacious bedrooms and combined laundry / shower room and separate toilet.
Property is partially fenced with private rear yard and single carport as well as off street parking, room at the front for boat or caravan.
A solid home with a consistent rental return, this property offers many options for permanent living, holidays or investment opportunity. For appointments please allow 24hrs notice as currently tenanted.
Your leading local agency PBE Real Estate has partnered with Australia's leading property
group.
To view Due Diligence Checklist, visit: http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 12 Spear St, Cape Paterson

12 Spear St, Cape Paterson is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 547m2. The place is currently for sale with Ray White Cape Paterson.

Building Type
House
Land Size
547m2

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About Cape Paterson 3995

The size of Cape Paterson is approximately 16.1 square kilometres. It has 1 park covering nearly 0.9% of total area. The population of Cape Paterson in 2011 was 718 people. By 2016 the population was 892 showing a population growth of 24.2% in the area during that time. The predominant age group in Cape Paterson is 60-69 years. Households in Cape Paterson are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cape Paterson work in a professional occupation. In 2011, 68.1% of the homes in Cape Paterson were owner-occupied compared with 68.6% in 2016.

Cape Paterson has 1,500 properties. Over the last 5 years, Houses in Cape Paterson have seen a 45.54% increase in median value, while Units have seen a 45.42% increase. As at 30 September 2024:

  • The median value for Houses in Cape Paterson is $739,283 while the median value for Units is $586,322.
  • Houses have a median rent of $480 while Units have a median rent of $305.
There are currently 31 properties listed for sale, and 3 properties listed for rent in Cape paterson on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Cape paterson.

Suburb Insights for Cape Paterson 3995

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Rahnee Skate
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Cape Paterson
Ray White Cape Paterson
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.