3/1591 Point Nepean Road, Capel Sound, VIC 3940 | Property Value & History | OnTheHouse
 
OFF MARKET

3/1591 Point Nepean Road
Capel Sound VIC 3940

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 125m2
Land area: 562m2
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Property Details for 3/1591 Point Nepean Rd, Capel Sound

3/1591 Point Nepean Rd, Capel Sound is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 562m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
2008
Floor Size
125m2
Land Size
562m2
Local Government
Mornington Peninsula
Lot/Plan
3/PS606852

Last Listing description (December 2024)

Auction Location: On Site

Set in an enviable location. Literally steps to the golden shores of Port Phillip Bay and close to shops and cafes is the well-presented apartment offering low maintenance living.

Leave the car in the lock up garage, walk in and enjoy! Over two levels, this apartment offers two large bedrooms, both with built in robes and the master with a ceiling fan, are serviced by a sparkling central bathroom and European Laundry. Upstairs the open plan kitchen and living area is flooded with an abundance of natural light with room for the family dining table and seating area.

The kitchen is equipped with modern stainless-steel appliances, gas hob, electric oven, a dishwasher, a large pantry and cupboard space, and is topped with stone benches.
The living zone flows effortlessly to the balcony with views to the street and foreshore, and is large enough for the BBQ and as an alfresco entertaining area, perfect to watch the beachgoers come and go.

The apartment is perfectly positioned for your use as a holiday pad or as a high yielding short term accommodation rental.

With split system A/C, instantaneous gas hot water, cafes, shops, restaurants, public transport and of course the stunning beach right on your doorstep, this residence will appeal to those wanting a low maintenance holiday home, first home buyers and the astute investor alike for either long or short term rentals.

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Property History for 3/1591 Point Nepean Rd, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$500,000
09 Nov 2024
Listed for Rent
$400/w
11 Dec 2018
  • 09 Nov 2024
    Sold for $500,000
  • 15 Oct 2024
    Listed for Sale SOLD
  • 22 Feb 2020
    Sold for $465,000
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About Capel Sound 3940

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 4,294 properties. Over the last 5 years, Houses in Capel Sound have seen a 30.54% increase in median value, while Units have seen a 45.40% increase. As at 31 October 2025:

  • The median value for Houses in Capel Sound is $770,549 while the median value for Units is $672,139.
  • Houses have a median rent of $540 while Units have a median rent of $510.
There are currently 35 properties listed for sale, and 6 properties listed for rent in Capel sound on OnTheHouse. According to Cotality's data, 158 properties were sold in the past 12 months in Capel sound.

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© Copyright 2025. 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.

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