9/1675 Point Nepean RoadCapel Sound VIC 3940
Property Details for 9/1675 Point Nepean Rd, Capel Sound
9/1675 Point Nepean Rd, Capel Sound is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 91m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (February 2023)
An incredible opportunity exists to secure one of the few properties on the Mornington Peninsula still available at an entry-level price without compromising on location or quality.
Located directly across the road from the beach and also within easy reach of both Rosebud and Rye town centres, this compact, low maintenance property will tick all of your investment/weekender needs. With a current return of $1,738 per month and with a lease in place until May 2023, this unique offering could be just the investment you have been looking for. The potential is also there to complete a small interior update and transform the home into the perfect weekend escape or Airbnb.
Offering comfortable accommodations including two big bedrooms, one bathroom, open plan living space, and single carport - either lock up and leave for the perfect getaway or continue to reap the annual rewards and watch your investment grow.
Property Features
- Great location across from the beach
- Walking distance to shops
- Great rental return
- Currently leased until 09/05/2023 at $1738 per month
- Split system air conditioning
- Gas cooking
*All distances and measurements are approximate only.
Property History for 9/1675 Point Nepean Rd, Capel Sound, VIC 3940
- 04 Feb 2023Sold for $470,000
- 08 Dec 2022Listed for Sale AUCTION THIS SAT AT 11:00AM - RESERVE $410,000
- 22 Mar 2022Sold for $336,500
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0About Capel Sound 3940
The size of Capel Sound is approximately 4.7 square kilometres. There are 9 parks, covering nearly 20.5% of the 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 4,280 properties. Over the last 5 years, Houses in Capel Sound have seen a 0.67% increase in median value, while Units have seen a 15.39% increase. As at 31 May 2026:
- The median value for Houses in Capel Sound is $765,345 while the median value for Units is $669,973.
- Houses have a median rent of $575 while Units have a median rent of $545.
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