78 Swans Way, Capel Sound, VIC 3940 | House for sale | OnTheHouse
 
FOR SALE
$959,000

78 Swans Way
Capel Sound VIC 3940

Bedrooms: 4
Bathrooms: 2
Car spaces: 8
Land area: 749m2
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Exceptional Developer Opportunity Walking Distance to the Beach

Recently refurbished inside and positioned an easy stroll from the shimmering golden sands of Port Phillip Bay, this classic Peninsula beach house offers an unbeatable blend of lifestyle appeal, investment value and long-term development potential.
Set on a generous 749m² (approx.) of flat, usable coastal land, this fibro beach shack-complete with a self-contained bungalow fitted with its own bedroom, kitchen and bathroom-presents a rare chance to secure a sizeable allotment in one of the Mornington Peninsula's most consistently in-demand growth corridors.
Outstanding Development Potential (S.T.C.A.)
Astute buyers, builders and developers will immediately recognise the opportunity here.
• The wide, flat block lends itself perfectly to subdivision.
• Potential to build two or more modern dwellings (S.T.C.A.)-ideal for resale or high-yield holiday accommodation.
• Excellent holding income thanks to the existing home and separate bungalow
• The location is a proven hotspot for family buyers, downsizers and holidaymakers-making any future development highly appealing in the current market.
With so many options-renovate, extend, landbank, or fully redevelop-this property truly is a blank canvas for your financial future.
Lifestyle Location - Walk to the Beach & the Best of the Peninsula.
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Property Details for 78 Swans Way, Capel Sound

78 Swans Way, Capel Sound is a 4 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 749m2. The place is currently for sale with Ray White Rosebud.

Building Type
House
Land Size
749m2
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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 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 4,294 properties. Over the last 5 years, Houses in Capel Sound have seen a 28.51% increase in median value, while Units have seen a 38.24% increase. As at 30 November 2025:

  • The median value for Houses in Capel Sound is $777,996 while the median value for Units is $676,731.
  • Houses have a median rent of $550 while Units have a median rent of $505.
There are currently 34 properties listed for sale, and 6 properties listed for rent in Capel sound on OnTheHouse. According to Cotality's data, 159 properties were sold in the past 12 months in Capel sound.

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Shane Fox
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Corey Mears
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Ray White Rosebud
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