OFF MARKET

574 Cape Paterson Road
Cape Paterson VIC 3995

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1179m2
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Property Details for 574 Cape Paterson Rd, Cape Paterson

574 Cape Paterson Rd, Cape Paterson is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1179m2. While the property is not currently for sale or for rent, it was last sold in September 2014.

Building Type
House
Land Size
1179m2
Local Government
Bass Coast
Lot/Plan
4~E/PP3866

Last Listing description (August 2014)

A LARGE PIECE OF CAPE HISTORY
You can now purchase a piece of history, as the original building where Cape Paterson real estate was first sold, still sits on this large block with a 3
bedroom home.

This property has been in the family for years as a permanent home as well as a beach house which has been enjoyed by all. The block, approx 1178 m2, has established trees providing a private frontage and plenty of area for camping as extra guests have done over the years.
With an extended open plan living room, from the front deck to north facing deck with delightful grape vine as the view, this is a great space to relax. This room has been freshly painted, has wonderful built in book cases and shelving, a split system heating and cooling, wood fire heating, polished chipboard flooring and a separate kitchen. There are 3 bedrooms, 2 with BIR's. The bathroom has shower
and separate WC and laundry.
There are plenty of options for a family or two to enjoy some land with beach house only a short stroll to the Bay Beach and Rock Pool or perhaps for an investor to subdivide the block and build a new front new townhouse.

Property History for 574 Cape Paterson Rd, Cape Paterson, VIC 3995

A timeline of how this property has performed in the market
Last Sold
$390,000
10 Sep 2014
  • 10 Sep 2014
    Sold for $390,000
  • 17 Mar 2014
    Listed for Sale FOR TENDER

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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 1,501 properties. Over the last 5 years, Houses in Cape Paterson have seen a 46.95% increase in median value, while Units have seen a 43.04% increase. As at 31 August 2024:

  • The median value for Houses in Cape Paterson is $735,983 while the median value for Units is $580,673.
  • Houses have a median rent of $475 while Units have a median rent of $305.
There are currently 32 properties listed for sale, and 2 properties listed for rent in Cape paterson on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Cape paterson.

Suburb Insights for Cape Paterson 3995

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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.