SOLD
Sold on 24 Jul 2024 for $635,000

2/1559 Point Nepean Road
Capel Sound VIC 3940

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 286m2
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Property Details for 2/1559 Point Nepean Rd, Capel Sound

2/1559 Point Nepean Rd, Capel Sound is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 286m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Capel Sound in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
87m2
Land Size
286m2
Local Government
Mornington Peninsula
Lot/Plan
34/RP6683

Last Listing description (September 2024)

This recently renovated unit stands out in its complex as the only three-bedroom residence that has undergone a complete refurbishment. Noteworthy features include a spacious undercover deck, perfect for entertaining.

Inside, the unit boasts an open-plan layout with polished floors seamlessly connecting the lounge, kitchen, and dining areas. The modern and refreshed living space creates a comfortable and inviting atmosphere.

The property's prime location is a key selling point, as it is situated directly across from the beach, offering residents the opportunity to enjoy coastal living and scenic views. Additionally, the convenience of being just a short walk away from shops and cafes enhances the overall appeal of this unit.

With its modern interior, ample entertainment space, and proximity to the beach and local amenities, this unit presents an attractive and well-rounded living opportunity.

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Property History for 2/1559 Point Nepean Rd, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$635,000
24 Jul 2024
  • 24 Jul 2024
    Sold for $635,000
  • 22 Jan 2024
    Listed for Sale $650,000-$695,000
  • 09 Apr 2014
    Sold for $290,000
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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 4,213 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 9 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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