4/9 Cootamundra Ave, Capel Sound is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 205m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in September 2009.
Investors Take Note!
This great opportunity to buy in to the market already comes complete with a great tenant. Just a short stroll to the beach and Rosebud West's shopping precinct is this 2 bedroom brick unit. The rear of only 4 on the block, this unit has ample room with a garage and carport, rear & side yard and bore water to keep the lawns and gardens looking their best. The open plan design makes for easy living with separate bathroom and a good sized laundry. Currently leased with a return of approximately 4%pa, this makes a smart choice for all investors.
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:
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