OFF MARKET

20 Balaka Street
Capel Sound VIC 3940

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 94m2
Land area: 595m2
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Property Details for 20 Balaka St, Capel Sound

20 Balaka St, Capel Sound is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 595m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1960
Floor Size
94m2
Land Size
595m2
Local Government
Mornington Peninsula
Lot/Plan
523/LP89700

Last Listing description (February 2022)

Just a short stroll to the crystal waters of Capel Sound beach, the Bay Trail, restaurants and takeaways, this well maintained beach pad offers exciting scope to secure your own slice of the Mornington Peninsula at a highly appealing price point.

Set on a roomy 595m2 (approx) allotment literally 750 metres to the sand, the residence is immediately uplifting with a light-filled living room with a crisp white palette and wall of windows and sliding glass framing the leafy garden beyond.

Off the dedicated dining zone, a tidy white kitchen is perfectly equipped from toast to roast with a freestanding gas stove and great storage for pots and platters, while outside a covered deck provides a lovely locale to relax with a cuppa or cocktail.

The two bedrooms share a bathroom with walk-in shower and grab bar in this sunny home, which would suit starters, retirees and investors alike, or those seeking a well-situated holiday home to chill on the beach all summer long and check out the local bands at the funky Sound Bar bistro.

Walking distance to Eastbourne Primary School and Rosebud Secondary College, 1.5 kilometres to Rosebud Plaza and just over an hour from Melbourne, the property includes panel heating, air conditioning, shedding and lovely floral gardens for the kids or grand kids to run amok.

Property History for 20 Balaka St, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$700,000
12 Nov 2021
  • 12 Nov 2021
    Sold for $700,000
  • 05 Nov 2021
    Listed for Sale SALE BY END DATE - $630,000 - $680,000
  • 01 May 2008
    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 4,213 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 25 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.