10 Elizabeth Ave, Capel Sound is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1967. The property has a land size of 980m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Perfectly located in a service road providing convenient access, just 150 metres from Rosebud foreshore and pristine bay beaches, this character-filled residence presents an exceptional opportunity for homeowners, investors, and developers alike. Set on a generous, flat allotment of approximately 980sqm, the property offers exciting potential for future subdivision (STCA), long term rental or landbank in this highly sought-after beachside location.
Rich in charm, the home is ideally positioned within an easy stroll of the Rosebud Foreshore and perfectly positioned to enjoy all that the Mornington Peninsula lifestyle has to offer. The interior features a separate lounge with gas heating, A/C, updated kitchen equipped with a 900mm stainless steel gas cooker, dishwasher, and abundant storage, along with a spacious renovated bathroom and a separate toilet.
The flexible floorplan includes four bedrooms including rear sunroom extensionideal for family living, a home office, or future reconfiguration.
The size of Capel Sound is approximately 4.7 square kilometres. It has 9 parks covering nearly 20.5% of total area. The population of Capel Sound in 2016 was 4930 people. By 2021 the population was 5246 showing a population growth of 6.4% in the area during that time. The predominant age group in Capel Sound is 70-79 years. Households in Capel Sound are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Capel Sound work in a trades occupation.In 2021, 55.80% of the homes in Capel Sound were owner-occupied compared with 57.90% in 2016.
Capel Sound has 4,275 properties. Over the last 5 years, Houses in Capel Sound have seen a 5.45% increase in median value, while Units have seen a 19.63% increase. As at 30 April 2026:
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