2/587 Cape Paterson RoadCape Paterson VIC 3995
Property Details for 2/587 Cape Paterson Rd, Cape Paterson
2/587 Cape Paterson Rd, Cape Paterson is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 315m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Last Listing description (December 2018)
Rarely is there the opportunity to be near Wheelers Rd, see some water and be under 100mtres away from the beautiful Bay Beach and Rock Pool.
A picture window enhances the quality kitchen which has Caesar stone benches, stainless steel oven, induction cook top, dishwasher and a spacious island bench.
Polished floor boards flow throughout the living area and extend to sliding doors with entertaining deck providing a lovely indoor /outdoor room.This 5 year old home has two bedrooms upstairs, one currently converted to a second living area, the spacious master has large walk in robe and ensuite.
Extras include 4.8kw solar panels reducing the power bill to nearly nothing, new blinds to decked area and new security mesh doors. There is a double carport and low maintenance yard.
This property is an ideal beach house or permanent home with modern luxuries and little maintenance, so you can park your car and enjoy the beach lifestyle.
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Property History for 2/587 Cape Paterson Rd, Cape Paterson, VIC 3995
- 01 Nov 2018Sold for $555,000
- 13 Sep 2018Listed for Sale $565,000
- 15 Dec 2016Sold for $475,000
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0About Cape Paterson 3995
The size of Cape Paterson is approximately 16.1 square kilometres. It has 1 park covering nearly 0.9% of 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 1,508 properties. Over the last 5 years, Houses in Cape Paterson have seen a 21.84% increase in median value, while Units have seen a 4.48% increase. As at 31 January 2026:
- The median value for Houses in Cape Paterson is $771,991 while the median value for Units is $529,901.
- Houses have a median rent of $460 while Units have a median rent of $305.
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