48 First Avenue, Cape Woolamai, VIC 3925 | Property Value & History | OnTheHouse
FOR SALE

48 First Avenue
Cape Woolamai VIC 3925

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 209m2
Land area: 620m2
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Property Details for 48 First Ave, Cape Woolamai

48 First Ave, Cape Woolamai is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1990. The property has a land size of 620m2 and floor size of 209m2.This Property is currently listed for sale with Barry Plant Phillip Island

Building Type
House
Year Built
1990
Floor Size
209m2
Land Size
620m2
Local Government
Bass Coast
Lot/Plan
564/LP53099

Last Listing description (March 2026)

Set on a generous and sunny corner block in the heart of Cape Woolamai, this fabulous two-storey beach home is designed for effortless coastal living. Just a short stroll to both surf and bay beaches, as well as local shops and the tavern, it offers the ideal blend of comfort, space, and location for families, holidaymakers, or savvy investors.Downstairs, you'll find a huge family room with built-in bar, perfect for entertaining or relaxing after a day at the beach. A secure internal door opens to a cavernous double garage ideal for storing a large boat, caravan, or converting into a games or rumpus room.Upstairs, the home continues to impress with a sun-drenched open-plan living, dining, and kitchen area. The modern Euro-style kitchen is equipped with a large 900mm stainless steel oven and updated appliances, perfect for family meals or hosting friends. Flowing seamlessly from the living areas are sliding glass doors leading to a spacious upstairs deck, which connects to an expansive rooftop terrace the ultimate spot to enjoy a morning coffee or evening sunset.With four generous bedrooms and two well-appointed bathrooms, this home comfortably accommodates family living or holiday hosting. Whether you're seeking a permanent sea change or a weekend getaway, this property ticks all the boxes.Key Features:Prime Cape Woolamai location walk to beaches, shops, and tavernSpacious 4 bedrooms, 2 bathrooms,3 garagesHuge downstairs family room with bar Modern kitchen with 900mm stainless ovenMultiple living areas across two levelsExpansive rooftop and upper-level decksLarge triple garage ideal for boats, caravans, or a games roomSunny, fully usable corner blockFurnished walk in walk out package available Don't miss your chance to secure your piece of paradise on Phillip Island inspections are a must!

Property History for 48 First Ave, Cape Woolamai, VIC 3925

A timeline of how this property has performed in the market
Last Sold
$950,000
21 Dec 2021
Listed for Rent
$380/w
20 May 2017
  • 26 Sep 2025
    Listed for Sale $840,000 - $880,000
  • 21 Dec 2021
    Sold for $950,000
  • 15 Oct 2021
    Listed for Sale $950,000 to $1,020,000
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About Cape Woolamai 3925

The size of Cape Woolamai is approximately 6.0 square kilometres. It has 1 park covering nearly 69.5% of total area. The population of Cape Woolamai in 2016 was 1676 people. By 2021 the population was 2301 showing a population growth of 37.3% in the area during that time. The predominant age group in Cape Woolamai is 40-49 years. Households in Cape Woolamai are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cape Woolamai work in a professional occupation.In 2021, 74.90% of the homes in Cape Woolamai were owner-occupied compared with 75.20% in 2016.

Cape Woolamai has 1,977 properties. Over the last 5 years, Houses in Cape Woolamai have seen a 20.39% increase in median value, while Units have seen a 15.94% increase. As at 28 February 2026:

  • The median value for Houses in Cape Woolamai is $726,486 while the median value for Units is $552,053.
  • Houses have a median rent of $470 while Units have a median rent of $330.
There are currently 18 properties listed for sale, and 5 properties listed for rent in Cape woolamai on OnTheHouse. According to Cotality's data, 72 properties were sold in the past 12 months in Cape woolamai.

Suburb Insights for Cape Woolamai 3925

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Cotality Copyright and Legal Disclaimers about Property Data
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.