SOLD
Sold on 08 Jan 2024 for $540,000

5/1559 Point Nepean Road
Capel Sound VIC 3940

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 208m2
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Property Details for 5/1559 Point Nepean Rd, Capel Sound

5/1559 Point Nepean Rd, Capel Sound is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 208m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Capel Sound in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
86m2
Land Size
208m2
Local Government
Mornington Peninsula
Lot/Plan
3/RP6683

Last Listing description (March 2024)

Nestled just opposite the tranquil beach, this modern property is a coastal dream come true. Step into a world of comfort and style with an open plan living, dining, and kitchen areathat beckons you to unwind and savor the coastal lifestyle.

A modern and inviting atmosphere throughout, Picture yourself entertaining in the heart of the home, where the living space seamlessly connects to a private decked courtyard. This outdoor area offers a perfect spot for relaxation but also provides convenient access to your own garage. The two generously sized bedrooms, each boasting built-in robes for ample storage, share a modern bathroom.

Embrace the convenience of modern living with features like a split system for heating and cooling, ensuring year-round comfort. The single lock garage provides secure parking, separate laundry and an outdoor shower adds a touch of beachside practicality.

Imagine waking up to the refreshing scent of the sea breeze, just steps away from the pristine beach. Conveniently located within walking distance to Rosebud Plaza, Capel Sound Shops, and all the enchanting attractions of the Mornington Peninsula, this property is a gateway to a vibrant coastal lifestyle.

Property History for 5/1559 Point Nepean Rd, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$540,000
08 Jan 2024
  • 08 Jan 2024
    Sold for $540,000
  • 11 Dec 2023
    Listed for Sale $520,000 to $570,000
  • 14 May 2018
    Sold for $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 4,214 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 24 properties listed for sale, and 11 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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Stockdale & Leggo (Dromana - Rosebud)
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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.