Home/Properties/Capel Sound/97 - 99 Ibis Grove
97 - 99 Ibis Grove, Capel Sound$1.26m
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For Salehouse

97 - 99 Ibis Grove

Capel Sound, VIC 3940, Australia
$1.20m – $1.32m
3 bed 2 bath 4 car1647 m²

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About this property

Positioned in a quiet and tightly held pocket of Capel Sound, this much-loved home is a true blast from the past, offering space, character, and outstanding potential on a rare double block of approximately 1,648sqm. Filled with retro charm, the home presents a functional and flexible layout, featuring three well-sized bedrooms, including a master with ensuite and walk-in robe, while a central bathroom services the remainder of the home. Multiple living zones provide space for the whole family, with a generous lounge, dedicated dining area, and a well-positioned kitchen at the heart of the home. An open fireplace adds warmth and character, complemented by split system heating and cooling for year-round comfort. Large windows throughout invite in an abundance of natural light, with each room enjoying a peaceful outlook across the surrounding leafy gardens. A separate laundry and ample storage further enhance the home's practicality, making it comfortable to enjoy as is, while offering exciting scope to renovate or update over time. Set across this substantial allotment, the property includes a large garage, separate shed, and a greenhouse ready to be restored, all backing onto the Truemans Road Reserve to create a tranquil and private setting rarely found. The added advantage of a double block opens the door to a range of possibilities, whether that be retaining the existing home and selling off the vacant portion, or exploring a multi-unit or townhouse development (STCA). Ideally located close to the beach, local shops, schools, and cafes, this is a rare opportunity to secure a retro gem with exceptional space and future potential in a sought-after coastal setting.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
4
Land Area
1647 m²
Listed
3 months ago

Repayment calculator

$6,108/month
$3,054 /fortnight
Loan $1,008,000 at 6.10% over 30 years

Upfront costs

Deposit$252,000
Stamp duty$69,300
Conveyancing (est.)$2,000
Total upfront$323,300
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 3-bedroom house in Capel Sound, VIC 3940 sits within reach of public transport, local shops and nearby schools. It is listed 63% above the $772,500 median of 67 comparable houseswithin 5 km.

Schools near Capel Sound

  • Eastbourne Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Tootgarook Boat Ramp/Point Nepean Rd (bus)836 m away
  • Capel Sound Newsagency1.9 km away
  • Unnamed614 m away
  • Nepean Minature Aerosport Association619 m away
  • Vern Wright Reserve882 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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