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Sold on 08 Jun 2024 for $603,000

18 Teal Street
Capel Sound VIC 3940

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 725m2
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Property Details for 18 Teal St, Capel Sound

Building Type
Land
Land Size
725m2
Local Government
Mornington Peninsula
Lot/Plan
27/LP34576

Last Listing description (June 2024)

Auction Location: On Site

Excellent value rare vacant sub-dividable land beachside

Located approximately 700 metres from the Capel Sound foreshore comes this 725m2 fully cleared allotment is situated in a quiet pocket. Walking distance to the beach, Tootgarook wetlands and sporting fields. This property has sub-division potential STCA, or put your own beachside dream home in this serene location. This is truly a rare opportunity, be quick.

Property History for 18 Teal St, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$603,000
08 Jun 2024
  • 08 Jun 2024
    Sold for $603,000
  • 23 Oct 2023
    Listed for Sale Not Disclosed
  • 08 Oct 2016
    Transferred

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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 4,199 properties. Over the last 5 years, Houses in Capel Sound have seen a 38.40% increase in median value, while Units have seen a 27.40% increase. As at 31 July 2024:

  • The median value for Houses in Capel Sound is $730,919 while the median value for Units is $587,447.
  • Houses have a median rent of $518 while Units have a median rent of $520.
There are currently 27 properties listed for sale, and 12 properties listed for rent in Capel sound on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Capel sound.

Suburb Insights for Capel Sound 3940

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Craig Leo
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Thomas Solunto
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Barry Plant Rosebud
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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.