29 Kingfisher Avenue, Capel Sound, VIC 3940 | House for sale | OnTheHouse
 
FOR SALE
Private Sale | $860,000 - $890,000

29 Kingfisher Avenue
Capel Sound VIC 3940

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 815m2
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A Beachside Powerhouse: Turnkey Coastal Living + Approved Plans for Two 4-Bedroom Townhouses!

Prepare to capture the ultimate real estate jackpot in a high-demand beachside pocket of Capel Sound. Resting on an absolute brute of a block—a massive, level 815m² approx allotment—this phenomenal property serves up the holy grail of real estate. You get a tidy, move-in-ready home to utilise today, backed by council-approved architectural plans to build two, completely detached double-storey, 4-bedroom luxury townhouses tomorrow.
For ultimate design flexibility, the existing permit can be amended by the original architect for an additional $10,000, allowing you to tailor the project perfectly to your vision. Whether you are an ambitious developer, a savvy investor, or a family looking to land-bank a spectacular coastal lifestyle, this solid double-brick asset is the premium opportunity you have been waiting for. Secure a reliable tenant, move straight in, or execute the approved plans and build big.
The Lifestyle
- Premium Coastal Location: Positioned just a short walk from the pristine Capel Sound foreshore, scenic bay trails, and buzzing local cafes.
- Entertainer's Outdoor Oasis: Features an authentic, outdoor wood-fired pizza oven perfect for memorable weekend gatherings with family and friends.
- Sprawling Established Grounds: Completely secure with a classic front picket fence, a tropical palm tree, mature rear lemon trees, and a secure lock-up garage.
- Turnkey Versatility: Enjoy the immediate utility of a functional beachside home, unlock premium rental yields, or break ground on a highly lucrative future project.
The Design
- Timeless Appeal: Freshly painted interiors are complemented by striking front brick arches and a solid double-brick construction on a secure concrete slab.
- Functional Kitchen: Custom-built and fully equipped with a brand-new electric oven, cooktop, and dishwasher.
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Property Details for 29 Kingfisher Ave, Capel Sound

29 Kingfisher Ave, Capel Sound is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 815m2. The place is currently for sale with Madera Real Estate.

Building Type
House
Land Size
815m2
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About Capel Sound 3940

The size of Capel Sound is approximately 4.7 square kilometres. There are 9 parks, covering nearly 20.5% of the total area. The population of Capel Sound in 2016 was 4930 people. By 2021 the population was 5246 showing a population growth of 6.4% in the area during that time. The predominant age group in Capel Sound is 70-79 years. Households in Capel Sound are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Capel Sound work in a trades occupation.In 2021, 55.80% of the homes in Capel Sound were owner-occupied compared with 57.90% in 2016.

Capel Sound has 4,297 properties. Over the last 5 years, Houses in Capel Sound have seen a -7.74% decrease in median value, while Units have seen a 10.39% increase. As at 31 July 2026:

  • The median value for Houses in Capel Sound is $737,998 while the median value for Units is $641,307.
  • Houses have a median rent of $575 while Units have a median rent of $530.
There are currently 33 properties listed for sale, and 11 properties listed for rent in Capel sound on OnTheHouse. According to Cotality's data, 157 properties were sold in the past 12 months in Capel sound.

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Rachel Alexandris
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Demetrios Alexandris
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Madera Real Estate
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