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2/37 Coleman Crescent, Capel Sound$377,500
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2/37 Coleman Crescent

Capel Sound, VIC 3940, Australia
$370,000 – $385,000
402 m²

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About this property

Imagine waking up in the heart of the Mornington Peninsula, where world-class beaches, a multitude of water sports, golf courses, wineries, national parks, thriving cafés, restaurants, weekend markets and some of Victoria's most loved tourist destinations all sit right on your doorstep. This 404m² (approx.) A rear-positioned block in Capel Sound is your opportunity to make that life a reality and the hard work is already done. Approved plans and permits are in place for a thoughtfully designed two-storey, three-bedroom home, giving buyers the confidence to appoint a builder and break ground without the uncertainty of a lengthy planning process. The approved design features a ground floor main bedroom with walk-in robe, spacious ensuite with dual vanity and shower, and powder room. An open-plan kitchen, dining and living area flows out to a deck ideal for entertaining. Upstairs offers two further bedrooms with built-in robes, a central bathroom with bath and shower, a second living area perfect as a retreat or home office, and a single garage with additional car space. Or Bring Your Own Vision, not every dream home looks the same. For those drawn to a smarter, more considered way of building, this block also lends itself beautifully to compact and modular living. Think small home, tiny home as an alternative with lower cost footprint. Quality modular homes have come a long way, today's designs offer full kitchens, generous living spaces, modern bathrooms and strong energy ratings, all built to national standards and available at a fraction of traditional construction timelines. Subject to council approval, this could be your opportunity to build something smaller, smarter and entirely your own on one of the Peninsula's most sought-after coastal pockets. The location delivers excellent lifestyle convenience. Eastbourne Primary School, Rosebud Kindergarten and Seawinds Community Hub are within walking distance, while Rosebud Secondary School, Illaroo shops and Rosebud Plaza are all close by. Medical facilities are well established throughout the area. The Yawa Aquatic Centre offers year-round aquatic and wellness programs and the beautiful Rosebud beach is only a short drive away, perfect for relaxed coastal living. Capel Sound continues to grow as a sought-after pocket of the Mornington Peninsula, surrounded by cafés, restaurants and lifestyle attractions. This property will appeal to first home buyers, down sizers and investors looking to secure land in a highly desirable coastal location. This property will appeal to first home buyers, down sizers and investors looking to secure their place on the Peninsula, on their own terms. Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers should conduct their own due diligence in relation to planning, building and council requirements.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
402 m²
Listed
2 weeks ago

Repayment calculator

$1,830/month
$915 /fortnight
Loan $302,000 at 6.10% over 30 years

Upfront costs

Deposit$75,500
Stamp duty$17,720
Conveyancing (est.)$2,000
Total upfront$95,220
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Capel Sound

This land in Capel Sound, VIC 3940 sits within reach of public transport, local shops and nearby schools. It is listed 50% below the $755,000 median of 53 comparable landswithin 5 km.

Schools near Capel Sound

  • Eastbourne Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Percival St/Point Nepean Rd (bus)1.3 km away
  • Milk Bar722 m away
  • Rosebud West Reserve237 m away
  • Unnamed439 m away
  • Unnamed571 m away

Capel Sound at a glance

Full suburb profile
Population
5,246
Median age
59
Household income
$950/wk
Median rent
$350/wk
Median mortgage
$1,603/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Capel Sound price trend

Median sold · House 3 bed

Compound growth -2.5% / yr over 4 yrs

$747kcurrent median

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