OFF MARKET

24/1587 Point Nepean Road
Capel Sound VIC 3940

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
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Property Details for 24/1587 Point Nepean Rd, Capel Sound

24/1587 Point Nepean Rd, Capel Sound is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 82m2.

Building Type
Unit
Year Built
2014
Floor Size
82m2
Local Government
Mornington Peninsula

Last Listing description (April 2017)

A lifestyle of convenience is on offer right in the heart of Capel Sound. Imagine being directly opposite the golden sands of Capel Sound foreshore and only 70m from a hot Latte and paper! This two bedroom apartment is located on the upper level of a very modern chic development setting a new standard in a location that will suit holiday makers or down sizes looking for a relatively maintenance free lifestyle. Features include: two good size bedrooms with built in robes, spacious bathroom, reverse cycle split system, modern kitchen with stone bench tops and SS appliances including a dishwasher, large open plan living room opening on to a large tree side balcony + 1 x basement car park on title. Currently tenanted at $1,343.00 pcm till 15/12/2017 and with low Body Corporate fees of $292.00 per qtr. this property would make an ideal investment.This apartment is very reasonably priced so be quick to inspect and secure your new lifestyle. With Capel Sound being less than an hour from the Melbourne CBD and in immediate proximity to world class wineries, golf courses and beaches via the toll free Peninsula Link, these properties should be on top of your list. So call now. You won't be disappointed.
Whilst all reasonable effort is made to ensure the information in this advertisement is current, First National Basso does not warrant the accuracy or completeness of the data and information contained in this advertisement 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 advertisement.

Property History for 24/1587 Point Nepean Rd, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Listed for Rent
$310/w
13 Dec 2016
  • 29 Mar 2017
    Listed for Sale $395,000
  • 18 Oct 2016
    Listed for Rent $310 / week

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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 4,214 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.