OFF MARKET

47 Balaka Court
Capel Sound VIC 3940

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 111m2
Land area: 582m2
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Property Details for 47 Balaka Ct, Capel Sound

47 Balaka Ct, Capel Sound is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 582m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Floor Size
111m2
Land Size
582m2
Local Government
Mornington Peninsula
Lot/Plan
547/LP92834

Last Listing description (March 2022)

SALE BY END DATE FRIDAY 5TH OF NOVEMBER 12:00pm

Situated on a quiet court in walking distance to the beach, this partially renovated three-bedroom home offers exciting potential for starters, weekenders or seachangers in one of the last affordable coastal locations on the Mornington Peninsula.

A short stroll to Eastbourne Primary School, Rosebud Secondary College, parks, public transport on the close perimeter of the bustling town centre, this location is also ideal for investors, with estimated rental returns of $410-450 per week.

Currently tenanted until February 2022, beyond a rendered-brick facade the interior reveals a light-filled lounge with polished timber flooring, split-system and a charcoal feature wall, while a second living area provides a great space for the kids to chill or could even be used as a fourth bedroom.

The interconnecting kitchen offers timber cabinetry, tiled flooring, stainless-steel appliances and subway splashback in this move-in-ready home, which includes an updated bathroom with frameless glass shower and freestanding vanity.

** Inline with the most recent Government announcement, proof of double vaccination & Photo ID are required upon arrival of all Open Homes. **

Property History for 47 Balaka Ct, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$685,000
05 Nov 2021
  • 05 Nov 2021
    Sold for $685,000
  • 13 Oct 2021
    Listed for Sale $650,000 - $695,000
  • 25 Aug 2006
    Listed for Sale 209000
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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 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.