1/587 Cape Paterson RoadCape Paterson VIC 3995
Property Details for 1/587 Cape Paterson Rd, Cape Paterson
1/587 Cape Paterson Rd, Cape Paterson is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. While the property is not currently for sale or for rent, it was last sold in October 2019.
Last Listing description (August 2025)
Coastal Retreat at Cape Paterson!
Introducing a splendid rental opportunity with this modern two-bedroom, two-bathroom unit at 1/587 Cape Paterson Road. Nestled in the idyllic seaside locale of Cape Paterson, VIC, 3995, this property is perfect for those who seek a tranquil lifestyle steps from the beach.
As you enter this contemporary abode, you'll be greeted by an open-plan living area that effortlessly blends comfort with style. The kitchen, equipped with gas cooking, is designed for culinary enthusiasts, while the large deck presents an inviting space for alfresco dining or simply soaking up the coastal ambiance.
Each bedroom is thoughtfully designed with comfort in mind, with the master boasting an en-suite and the second bedroom featuring a ceiling fan. The split system ensures year-round climate control, adding to the property's appeal.
With two dedicated parking spaces, you'll have no trouble coming and going from this coastal haven. Whether you're a professional or small family, this unit offers a serene retreat with all the modern conveniences you could wish for. Welcome home to beachside living at its finest!
Property History for 1/587 Cape Paterson Rd, Cape Paterson, VIC 3995
- 25 Jul 2025Listed for Rent $450 per week
- 12 Apr 2024Listed for Rent $450 per week
- 11 Nov 2019Sold for $392,000
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0About Cape Paterson 3995
The size of Cape Paterson is approximately 16.1 square kilometres. There is 1 park, covering nearly 0.9% of the total area. The population of Cape Paterson in 2016 was 891 people. By 2021 the population was 1111 showing a population growth of 24.7% in the area during that time. The predominant age group in Cape Paterson is 60-69 years. Households in Cape Paterson are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cape Paterson work in a professional occupation.In 2021, 77.70% of the homes in Cape Paterson were owner-occupied compared with 68.60% in 2016.
Cape Paterson has 1,500 properties. Over the last 5 years, Houses in Cape Paterson have seen a 3.30% increase in median value, while Units have seen a -9.47% decrease. As at 30 June 2026:
- The median value for Houses in Cape Paterson is $779,863 while the median value for Units is $540,332.
- Houses have a median rent of $500.
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