Back 11 The Avenue
Off Market

11 The Avenue

Capel Sound VIC 3940

3
2
1
835 m²
House
Last sold for $550,000
Chris FahlChris Fahl, last sold this property on 19 January 2017 after 35 days on market.

Overview

UNDER CONTRACT - TEAM YPA

A well-timed investment paired with a magnificent location can certainly result in future success. Here is your chance to secure a beachside property that sits only 500m* from the water’s edge. Add to this the development potential (STCA) and the existing well-built home….your future just got a whole lot brighter! Featuring: • Solid, three-bedroom home in excellent condition • This residence sits at the front corner of the allotment • Level land parcel of 835sqm* fringed by wide, tree-lined streets in a relaxed neighbourhood • Alternatively, this could become a multi-unit site (STCA), where demand is high from holiday home buyers and downsizers • Walk to the tranquil waters of Port Phillip Bay, the boat ramp and the Bay Trail • Existing home enjoys an abundance of natural light, an en suite to the master bedroom and low-maintenance grounds • Popular enclave with permanent families, couples, holiday home buyers and investors • Take advantage of the name change in one of the hottest area of the Mornington Peninsula right now *all measurements are approximate

Features

3 bedrooms
2 bathrooms
1 carspace
835 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Capel Sound over the last 12 months, the estimated median property value of 11 The Avenue is $750k.

Median value
$750k
Estimated value range
$528.5k - $1.21m
Median days on market
30
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Capel Sound. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11 The Avenue

2017
Rented
Undisclosed
Leased on 28 Mar 2017 by Ray White Rosebud
2017
Sold
$550,000
Private Sale (EOI) on 19 Jan 2017 by Chris Fahl, of YPA Real Estate Agents Rye

Happy sellers in Capel Sound

90%
90% of sellers in Capel Sound reported that their sale price either exceeded or met their price expectations.

Capel Sound stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Capel Sound over the last 12 months.

Local market activity for 3 bedroom houses in Capel Sound

In the last 12 months, 60 three-bedroom houses similar to 11 The Avenue, have been sold.

This represents a 23% increase in three-bedroom houses sales when compared to the previous 12 months.

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