OFF MARKET

25 Capel Avenue
Capel Sound VIC 3940

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 1016m2
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Last updated 14 Oct 2024
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Property Details for 25 Capel Ave, Capel Sound

25 Capel Ave, Capel Sound is a 3 bedroom, 2 bathroom House and was built in 1980. The property has a land size of 1016m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1980
Land Size
1016m2
Local Government
Mornington Peninsula
Lot/Plan
CP173621

Last Listing description (September 2021)

With an instant return of approx. $19,000 P.A and offering endorsed plans and permits to build three income producing townhouses, your investment "will pay you" while you complete your development process.

We are offering this 3 bedroom, 2 bathroom home to one lucky purchaser and best of all there is already a fulltime tenant.

With a "Blue Chip" location only 300 m (approx.) from the Capel Sound Beach, Capel Sound shops and transport your purchase will be strategic and the construction will be profitable.

The Capel Sound foreshore is arguably the best beach on the southern Mornington Peninsula so act fast to secure your own unique slice of heaven.

Features of this great coastal property include:

Three great size bedrooms
En-suite in the main bedroom
Large open planned living and dining
900mm electric cooktop and dishwasher.
Main bathroom with a bath and separate toilet.
S/S heating and cooling
Wall to wall carpets
Fully fenced rear yard

At this price this property will be gone before you know it.

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Property History for 25 Capel Ave, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$1,000,000
23 Jul 2021
Listed for Rent
$360/w
09 Nov 2020
  • 23 Jul 2021
    Sold for $1,000,000
  • 11 Jun 2021
    Listed for Sale $995,000 - $1,090,000
  • 05 Nov 2020
    Listed for Rent - Price not available
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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 4,193 properties. Over the last 5 years, Houses in Capel Sound have seen a 35.52% increase in median value, while Units have seen a 29.14% increase. As at 30 September 2024:

  • The median value for Houses in Capel Sound is $728,153 while the median value for Units is $610,135.
  • Houses have a median rent of $510 while Units have a median rent of $520.
There are currently 35 properties listed for sale, and 16 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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