531 Cape Paterson Road, Cape Paterson, VIC 3995 | Property Value & History | OnTheHouse
 
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531 Cape Paterson Road
Cape Paterson VIC 3995

Bedrooms: 6
Bathrooms: 3
Car spaces: 6
Land area: 1947126m2
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Property Details for 531 Cape Paterson Rd, Cape Paterson

Building Type
Commercial
Land Size
1947126m2
Local Government
Bass Coast
Lot/Plan
1/TP857277

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.

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Property History for 531 Cape Paterson Rd, Cape Paterson, VIC 3995

A timeline of how this property has performed in the market
Listed for Rent
$400/w
08 Oct 2010
  • 14 Jun 2024
    Listed for Sale $9,640,000 to $10,604,000
  • 08 Sep 2010
    Listed for Rent - Price not available
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About 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 27.35% increase in median value, while Units have seen a 13.69% increase. As at 31 December 2025:

  • The median value for Houses in Cape Paterson is $773,842 while the median value for Units is $537,739.
  • Houses have a median rent of $455 while Units have a median rent of $305.
There are currently 45 properties listed for sale, and 2 properties listed for rent in Cape paterson on OnTheHouse. According to Cotality's data, 42 properties were sold in the past 12 months in Cape paterson.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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