OFF MARKET

43-45 Truemans Road
Capel Sound VIC 3940

Bedrooms: 1
Bathrooms: 6
Car spaces: 6
Land area: 1166m2
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Property Details for 43-45 Truemans Rd, Capel Sound

43-45 Truemans Rd, Capel Sound is a 1 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1986. The property has a land size of 1166m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1986
Land Size
1166m2
Local Government
Mornington Peninsula
Lot/Plan
6/LP52298

Last Listing description (July 2023)

This is a rare opportunity to purchase 5 units (consisting of 4 x 2 bedrooms and 1 x 3 bedrooms) all in original condition, situated on a flat and level corner development block of 1,166sqm and located only a few steps to Port Philip Bay. This property is all on 1 single title and has endless possibilities including continuing with the current rental of $54,600 per annum, renovate each unit to increase the rental income to $83,200 per annum approx or to demolish and start again with a multiple unit development (STCA), the choice is yours.Properties like this are hard to come by so be quick to book your inspection.With Capel Sound being just an hour from the Melbourne CBD and in immediate proximity to world-class wineries, golf courses, and beaches via the toll-free Peninsula Link, this property 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 advertisementClose to BeachStatement of Information: https://s3-ap-southeast-2.amazonaws.com/documents.renet.cloud/coffsagents/9835/listing/20701605/1402459/SOI_3439809_1621913448035.pdf

Property History for 43-45 Truemans Rd, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$2,020,000
24 Feb 2023
Listed for Rent
$190/w
29 Jul 2016
  • 24 Feb 2023
    Sold for $2,020,000
  • 13 Feb 2023
    Listed for Sale $1,850,000 - $2,035,000
  • 10 Jun 2021
    Sold for $1,400,000
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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 4,213 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 24 properties listed for sale, and 10 properties listed for rent in Capel sound on OnTheHouse. According to CoreLogic's data, 130 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.