OFF MARKET

4/9 Cootamundra Avenue
Capel Sound VIC 3940

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 78m2
Land area: 205m2
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Property Details for 4/9 Cootamundra Ave, Capel Sound

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.

Building Type
Unit
Year Built
1980
Floor Size
78m2
Land Size
205m2
Local Government
Mornington Peninsula
Lot/Plan
4/RP8848

Last Listing description (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.

Property History for 4/9 Cootamundra Ave, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$260,000
30 Sep 2009
  • 30 Sep 2009
    Sold for $260,000
  • 23 Sep 2009
    Listed for Sale $279,000
  • 22 Oct 2007
    Sold for $225,000
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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 4,214 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 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.