FOR SALE
$475,000 to $495,000

3/1591 Point Nepean Road
Capel Sound VIC 3940

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Auction Time
Sat 16 Nov 12:30 pm
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No upcoming inspections scheduled.
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See the Sea!

Auction Location: On Site
Set in an enviable location. Literally steps to the golden shores of Port Phillip Bay and close to shops and cafes is the well-presented apartment offering low maintenance living.
Leave the car in the lock up garage, walk in and enjoy! Over two levels, this apartment offers two large bedrooms, both with built in robes and the master with a ceiling fan, are serviced by a sparkling central bathroom and European Laundry. Upstairs the open plan kitchen and living area is flooded with an abundance of natural light with room for the family dining table and seating area.
The kitchen is equipped with modern stainless-steel appliances, gas hob, electric oven, a dishwasher, a large pantry and cupboard space, and is topped with stone benches.
The living zone flows effortlessly to the balcony with views to the street and foreshore, and is large enough for the BBQ and as an alfresco entertaining area, perfect to watch the beachgoers come and go.
The apartment is perfectly positioned for your use as a holiday pad or as a high yielding short term accommodation rental.
With split system A/C, instantaneous gas hot water, cafes, shops, restaurants, public transport and of course the stunning beach right on your doorstep, this residence will appeal to those wanting a low maintenance holiday home, first home buyers and the astute investor alike for either long or short term rentals.
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Property Details for 3/1591 Point Nepean Rd, Capel Sound

3/1591 Point Nepean Rd, Capel Sound is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Barry Plant Rosebud.

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About Capel Sound 3940

The size of Capel Sound is approximately 4.7 square kilometres. It has 9 parks covering nearly 20.5% of total area. The population of Capel Sound in 2011 was 4,580 people. By 2016 the population was 4,947 showing a population growth of 8.0% in the area during that time. The predominant age group in Capel Sound is 80-89 years. Households in Capel Sound are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capel Sound work in a trades occupation. In 2011, 58.2% of the homes in Capel Sound were owner-occupied compared with 57.9% in 2016.

Capel Sound has 4,193 properties. Over the last 5 years, Houses in Capel Sound have seen a 35.52% increase in median value, while Units have seen a 29.14% increase. As at 30 September 2024:

  • The median value for Houses in Capel Sound is $728,153 while the median value for Units is $610,135.
  • Houses have a median rent of $510 while Units have a median rent of $520.
There are currently 35 properties listed for sale, and 16 properties listed for rent in Capel sound on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Capel sound.

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Paul Cunnington
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Thomas Solunto
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Barry Plant Rosebud
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