12 Elizabeth Ave, Capel Sound is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 689m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Capel Sound in the last 12 months.
Perfectly located in a service road providing convenient access and just 150 metres from pristine bay beaches, this character-filled residence presents an exceptional opportunity for homeowners, investors, and developers alike. Positioned on a generous, flat allotment of approximately 690sqm, the property offers exciting potential for future subdivision (STCA). Further enhancing its appeal is the rare opportunity to also acquire the neighbouring property at No. 10, creating expanded scope for future development.
Neat, tidy, and well maintained, the home is just a two-minute stroll across the road to the beach and provides a convenient base from which to enjoy the many lifestyle activities the Mornington Peninsula is renowned for. The accommodation includes three bedrooms and a versatile second living area, complemented by ducted gas heating, split-system air conditioning, polished timber floorboards, and a central bathroom with a separate toilet. The third bedroom and second living area are comfortably carpeted, offering added warmth and flexibility.
Outside, a level backyard provides a pleasant outdoor setting, complete with a garden shed for additional storage.
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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