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Capel Sound suburb profile

Capel Sound is a bayside suburb on the Mornington Peninsula fronting the sheltered waters of Port Phillip, defined by low sand dunes, foreshore reserves and a relaxed beachside atmosphere. Residential streets combine older weatherboard and fibro holiday cottages with single-storey brick homes and a steady stream of renovated family houses, reflecting both long-term locals and people who keep weekenders here. Life centres on the beach, coastal walking and cycling, and fishing or boating from local ramps. A handful of neighbourhood shops and parks meet everyday needs, while the larger retail, medical and hospitality offerings of neighbouring Rosebud are easily reached and peninsula roads link to other towns.

Capel Sound property market performance

Capel Sound has relatively few recent unit sales, so there isn't enough data to publish a reliable median unit price. The median house price is $700,500, up a modest 3.6% over the last 12 months. Unit values were marginally lower, down 0.3% over the same period.

Over the last 3 months 16 houses and 9 units sold. Over the last 12 months houses sold in a median of 28 days and units in 43 days, so houses sold faster.

The rental market in Capel Sound had house rents averaging $590 a week, up a solid 7.3% over the last 12 months, while unit rents averaged $495 a week, rising sharply, up 10.0% over the last 12 months. Unit rents grew more strongly than house rents.

HousesUnits
Median price
Past 3 months
$701KN/A
Change in value
Past 12 months
3.6%-0.3%
Sold
Past 3 months
169
Median days on market
Past 12 months
2843
Average rent
Past 12 months
$590$495
Change in rent
Past 12 months
7.3%10.0%

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