SOLD
Sold on 03 Jun 2024 for $940,000

5 Park Avenue
Capel Sound VIC 3940

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 114m2
Land area: 742m2
Sold By
Catherine Barrand Realty Mornington Peninsula RYE
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Property Details for 5 Park Ave, Capel Sound

5 Park Ave, Capel Sound is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 742m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Capel Sound in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
114m2
Land Size
742m2
Local Government
Mornington Peninsula
Lot/Plan
23/LP13912

Last Listing description (June 2024)

This adorable beach cottage is located in a prime position just 200 metres to the beach and 80 metres to the vibrant Capel Sound shopping strip. Close to everything, yet it is quiet and peaceful.

The character filled home comprises three bedrooms, two modern bathrooms with separate kitchen and spacious living/dining area. The stylish kitchen has plenty of cupboards and bench space with a five-burner gas stove which makes cooking a breeze. The light filled living area provides easy access to the outdoor covered, decked BBQ space which is perfect for entertaining guests or relaxing whilst breathing in the fresh sea air.

Featuring:

Coonara heater.
5 x split system (heating/cooling).
Alarm system.
Dishwasher.
Block out blinds.
Single lock up garage.

Currently tenanted, this is an ideal opportunity to add this lovely home to your investment portfolio or to receive an income whilst preparing plans to start over and build your dream home STCA. This would also suit an owner occupier and would be an ideal holiday house.

Properties like this in such an enviable location don't come up very often so get in quick. For all enquiries, please contact Catherine on 0434492535.

Property History for 5 Park Ave, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$940,000
03 Jun 2024
Listed for Rent
$650/w
20 Feb 2023
  • 07 Jun 2024
    Listed for Sale UNDER CONTRACT
  • 03 Jun 2024
    Sold for $940,000
  • 21 May 2024
    Listed for Sale Auction
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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.