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Cape Paterson suburb profile

Cape Paterson is a compact coastal township on Victoria's Bass Coast, set around a long sandy beach, rocky headlands and the sheltered rock pools at Flat Rocks. It keeps a relaxed seaside character, with low-rise beach houses and holiday cottages alongside permanent family homes, and a village centre with cafes and basic shops that service both locals and visitors. Days here revolve around surfing, fishing, beach walks and exploring the nearby Bunurong marine reserve, while picnic areas and coastal walking tracks make it family-friendly. The town feels laid-back and seaside focused, with larger services available a short drive away.

Cape Paterson property market performance

Cape Paterson has relatively few recent property sales, so there isn't enough data to publish a reliable median price for either houses or units. The figures that are available show house values rose a modest 4.0% over the last 12 months.

There were seven house sales over the last 3 months, and houses sold in a median of 92 days over the last 12 months.

The rental market in Cape Paterson shows house rents averaging $515 a week, having risen sharply, up 12.0% over the last 12 months.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
4.0%N/A
Sold
Past 3 months
7N/A
Median days on market
Past 12 months
92N/A
Average rent
Past 12 months
$515N/A
Change in rent
Past 12 months
12.0%N/A

5 year median price trend for houses and units

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Cape Paterson demographics

Couple families without children are the largest family group in Cape Paterson, accounting for 55.4% of families (174 households). Couple families with children make up a further 35.7% (112 families), while one-parent families number 28 and represent 8.9% of families. Together, couple families with and without children comprise 91.1% of reported families.

The suburb is home to 1,111 people, with a median age of 55 years. The median total household income is $1,285 a week, roughly $66,820 a year.

In Cape Paterson, owner-occupation is dominant: 57.3% of homes are owned outright and 25.3% are owned with a mortgage, a combined 82.6% owner-occupied, while 17.4% of dwellings are rented.

Suburbs near Cape Paterson

Some popular suburbs near Cape Paterson include:

  • Wonthaggi: Historic coal mining town with a main street and regional facilities.
  • North Wonthaggi: Established residential suburb with tree-lined streets and local parks.
  • South Dudley: Small coastal suburb with quiet streets and coastal heathland.
  • Inverloch: Popular seaside town on Anderson Inlet, known for beaches and rock pools.
  • Dalyston: Rural township in the Bass Coast with farmland and a village feel.

How does Cape Paterson compare to nearby suburbs?

  • Median house prices: Cape Paterson’s median house price is 43.2% higher than Wonthaggi’s.
  • House price growth: Over the past 12 months, house prices in Cape Paterson have grown 3.2% higher than in Wonthaggi.
  • Selling speed for houses: Properties in Cape Paterson are selling 38.7% faster than in Inverloch.
  • House price growth: Over the past 12 months, house prices in Cape Paterson have grown 23.9% lower than the average rate of growth across Melbourne.

Choose the right real estate agents in Cape Paterson

Choosing the right real estate agent in Cape Paterson can have a big impact on your sale. While there are 7 real estate agents working in the suburb, but just 5 of them were responsible for 93.6% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.13% to 2.71%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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