531 Cape Paterson RoadCape Paterson VIC 3995
Property Details for 531 Cape Paterson Rd, Cape Paterson
Last Listing description (October 2024)
Discover the perfect opportunity to create your dream rural lifestyle on this expansive 482-acre property in Cape Paterson. Zoned for farming and boasting a mix of undulating land and sheltered Messmate flats, this versatile property offers a range of possibilities for the astute buyer.
Currently operating as a thriving beef and sheep farm, the property features a colorbond 2 stand shearing shed and sheep yards, as well as 16 main paddocks for efficient livestock management. With a reticulated water system and 3 main surface dams, water supply is never an issue.
The ranch-style 4-bedroom home is ideal for comfortable family living, with built-in robes, an ensuite, and open plan living areas. Additionally, a second 2-bedroom home with 2 garages provides ample space for extended family or guests.
Conveniently located just minutes from Wonthaggi, and Inverloch, this property offers easy access to shops, schools, and stunning coastal attractions. Plus, with a 90-minute drive to Melbourne, you can enjoy the peacefulness of rural living while still being connected to the city.
With its 2 km frontage to Cape Paterson Road, this property presents a rare opportunity for various developments, subject to Council and State Government Planning Approval. Whether you envision a links-style golf course and accommodation, a large-scale caravan park and accommodation complex, or an equine training centre, the possibilities are endless.
Don't miss out on this extraordinary property - contact us today to arrange an inspection and explore the endless potential that awaits you at 531 Cape Paterson Road.
Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.
Property History for 531 Cape Paterson Rd, Cape Paterson, VIC 3995
- 14 Jun 2024Listed for Sale $9,640,000 to $10,604,000
- 08 Sep 2010Listed for Rent - Price not available
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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 1,503 properties. Over the last 5 years, Houses in Cape Paterson have seen a 3.11% increase in median value, while Units have seen a -7.74% decrease. As at 30 April 2026:
- The median value for Houses in Cape Paterson is $733,145 while the median value for Units is $515,608.
- Houses have a median rent of $470.
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