40 Panorama Drive, Cape Woolamai, VIC 3925 | House for sale | OnTheHouse
 
FOR SALE
$595,000

40 Panorama Drive
Cape Woolamai VIC 3925

Bedrooms: 5
Bathrooms: 1
Car spaces: 2
Land area: 585m2
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Spacious Coastal Living with Room for the Whole Family

Tucked away in a quiet pocket of Cape Woolamai, this spacious five-bedroom home offers the kind of relaxed coastal living that suits growing families, holiday makers or those simply wanting more space by the beach.
Inside, the home features a practical floorplan with all five bedrooms fitted with built-in robes, while the main living area is warmed by a cosy wood fire heater, creating the perfect place to unwind during the cooler months. Natural light fills the home and the generous layout gives everyone room to spread out and enjoy.
Outside, the property continues to impress with established garden beds, plenty of yard space and excellent vehicle accommodation including a double garage and additional carport. Whether it's storing a small boat, pop up camper, or extra cars, there's room for it all.
Positioned just moments from Cape Woolamai's stunning beaches, coastal walking tracks, cafés and local shops, this is a fantastic opportunity to secure a spacious home in one of Phillip Island's most loved coastal communities. Whether you're looking for a permanent residence, holiday home or investment, this property offers comfort, space and an unbeatable lifestyle location.
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Property Details for 40 Panorama Dr, Cape Woolamai

40 Panorama Dr, Cape Woolamai is a 5 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 585m2. The place is currently for sale with Barry Plant Phillip Island.

Building Type
House
Land Size
585m2
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About Cape Woolamai 3925

The size of Cape Woolamai is approximately 6.0 square kilometres. There is 1 park, covering nearly 69.5% of the total area. The population of Cape Woolamai in 2016 was 1676 people. By 2021 the population was 2301 showing a population growth of 37.3% in the area during that time. The predominant age group in Cape Woolamai is 40-49 years. Households in Cape Woolamai are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cape Woolamai work in a professional occupation.In 2021, 74.90% of the homes in Cape Woolamai were owner-occupied compared with 75.20% in 2016.

Cape Woolamai has 1,978 properties. Over the last 5 years, Houses in Cape Woolamai have seen a 2.99% increase in median value, while Units have seen a -3.21% decrease. As at 31 July 2026:

  • The median value for Houses in Cape Woolamai is $725,032 while the median value for Units is $552,193.
  • Houses have a median rent of $490 while Units have a median rent of $330.
There are currently 14 properties listed for sale, and 1 property listed for rent in Cape woolamai on OnTheHouse. According to Cotality's data, 59 properties were sold in the past 12 months in Cape woolamai.

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Suburb Insights for Cape Woolamai 3925

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Kristina Walters
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Hamish Lee
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Barry Plant Phillip Island
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