OFF MARKET

8-10 Heron Court
Capel Sound VIC 3940

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 172m2
Land area: 2342m2
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Property Details for 8-10 Heron Ct, Capel Sound

Building Type
Land
Year Built
1980
Floor Size
172m2
Land Size
2342m2
Local Government
Mornington Peninsula
Lot/Plan
75/LP41467

Last Listing description (April 2021)

Rare beyond compare, this 2343m2 (approx) parcel of flat land offers outstanding potential
for development (STCA) minutes to the beach.

This classic log cabin unearths one of the largest remaining landholdings in the area a double block barely 2 minutes' drive to the foreshore. This is over acre (approx) of land nestled at the end of a quiet court, adjacent to a large reserve.

Lease the rustic single-level home and earn rental income while you lodge development
plans or land-bank for the future. She'll also tug at the heartstrings of those seeking to build a substantial beach house (STCA) on a bygone block size.

The home features a big back deck framed in mature ornamental banana palms, a large shed with 3-phase power, a boat/caravan shelter, and a garage.

The interior comprises a central kitchen with a gas cooktop, a wood heater to the living
room, bedrooms with built-in robes, a corner-spa bathroom, a Euro laundry, and an ensuited master bedroom with deck access.

This is a once-in-a-lifetime opportunity.

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Property History for 8-10 Heron Ct, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$1,500,000
16 Mar 2021
  • 16 Mar 2021
    Sold for $1,500,000
  • 17 Feb 2021
    Listed for Sale Expressions of Interests Closing 1pm, March 16th
  • 09 May 2018
    Listed for Sale CONTACT AGENT
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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 4,193 properties. Over the last 5 years, Houses in Capel Sound have seen a 35.52% increase in median value, while Units have seen a 29.14% increase. As at 30 September 2024:

  • The median value for Houses in Capel Sound is $728,153 while the median value for Units is $610,135.
  • Houses have a median rent of $510 while Units have a median rent of $520.
There are currently 35 properties listed for sale, and 16 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.

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