OFF MARKET

1579 Point Nepean Road
Capel Sound VIC 3940

Bedrooms: 9
Bathrooms: 3
Car spaces: -
Floor area: 234m2
Land area: 757m2
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Property Details for 1579 Point Nepean Rd, Capel Sound

1579 Point Nepean Rd, Capel Sound is a 9 bedroom, 3 bathroom House and was built in 1972. The property has a land size of 757m2 and floor size of 234m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1972
Floor Size
234m2
Land Size
757m2
Local Government
Mornington Peninsula
Lot/Plan
4/LP13757

Last Listing description (November 2023)

Located on Point Nepean Rd directly across from the beach and currently operated as a rooming house returning approx $2,110pw,
this unique property offers an investment or development opportunity (STCA).

Features include:
9 Bedrooms
3 bathrooms
Kitchen facilities
Land size approx 757sqm

Inspection by appointment only with 24hrs notice required. Call Brendan today for further information.

Property History for 1579 Point Nepean Rd, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$1,390,000
03 Feb 2023
  • 03 Feb 2023
    Sold for $1,390,000
  • 22 Nov 2021
    Listed for Sale UNDER OFFER
  • 27 Jan 2014
    Sold for $530,000
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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 4,212 properties. Over the last 5 years, Houses in Capel Sound have seen a 32.33% increase in median value, while Units have seen a 21.08% increase. As at 31 October 2024:

  • The median value for Houses in Capel Sound is $728,583 while the median value for Units is $584,290.
  • Houses have a median rent of $510 while Units have a median rent of $500.
There are currently 24 properties listed for sale, and 10 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.

Suburb Insights for Capel Sound 3940

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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.