Back 3/1591 Point Nepean Road
Off Market

3/1591 Point Nepean Road

Capel Sound VIC 3940

2
1
1
Apartment
Last sold for $580,000
Joe FalzonJoe Falzon, last sold this property on 13 December 2025 after 4 days on market.

Overview

Prime Coastal Position

Experience relaxed bayside living at its finest in this beautifully presented apartment, enviably positioned just steps from the golden sands of Port Phillip Bay. With local cafés, shops, restaurants and public transport all within easy reach, this low-maintenance coastal retreat offers the perfect blend of lifestyle, convenience and flexibility. Leave the car in the secure lock-up garage and simply walk in and enjoy. Spread across two well-designed levels, the apartment features two spacious bedrooms with built-in robes, including a master with ceiling fan, serviced by a sparkling central bathroom and European laundry. Upstairs, the open-plan kitchen, dining and living zone is drenched in natural light, creating an inviting and comfortable space for everyday living. The modern kitchen is appointed with stainless-steel appliances including a gas cooktop, electric oven, dishwasher, stone benchtops and ample storageideal for those who enjoy cooking and entertaining. The living area flows effortlessly onto a private balcony with leafy street and foreshore views. Generous in size, it offers the perfect alfresco spot for a BBQ, morning coffee or evening glass of wine while watching beachgoers wander by. With its unbeatable location and effortless appeal, this apartment is ideal as a holiday home, first home purchase, or a lucrative short-stay or long-term rental investment. Whether you choose to enjoy it yourself or continue its success as a high-performing short-stay property, the opportunity is exceptional. Additional features include: Split system heating and cooling Instantaneous gas hot water Secure lock-up garage Turn-key potential for short-stay accommodation Offering the ultimate in convenience, lifestyle and coastal living, this residence presents an outstanding chance to secure your piece of the Peninsula just moments from the bay.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Capel Sound over the last 12 months, the estimated median property value of 3/1591 Point Nepean Road is $525k.

Median value
$525k
Estimated value range
$425k - $584k
Median days on market
60
Estimated value trend
-5%
decrease 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 3/1591 Point Nepean Road

2025
Sold
$580,000
Private Sale/Treaty on 13 Dec 2025 by Joe Falzon, of Stockdale & Leggo Rye
2024
Sold
$500,000
12 Nov 2024 by Paul Cunnington, of Barry Plant Rosebud
2020
Sold
$465,000
Auction Sale on 21 Feb 2020 by Paul Cunnington, of Barry Plant Rosebud

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 2 bedroom apartments in Capel Sound

In the last 12 months, 15 two-bedroom apartments similar to 3/1591 Point Nepean Road, have been sold.

This represents a 433% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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