VIC · 3925

Cape Woolamai

Suburb profile, market snapshot and recent listings for Cape Woolamai, VIC 3925.

Cape Woolamai, VIC 3925

About Cape Woolamai

Welcome to Cape Woolamai

Cape Woolamai occupies the south-eastern tip of Phillip Island, about 140 kilometres south-east of Melbourne's CBD via the South Gippsland Highway and the San Remo bridge. It's a low-key coastal community wrapped around one of Victoria's best surf beaches, with the granite headland that gives the suburb its name rising dramatically at the town's edge.

This is a place for people who want the beach as their backyard rather than a weekend drive away — surfers, retirees, holiday-home owners and families drawn to a quieter alternative to Cowes, just up the road. With a population of 2,301 and a median age of 43, it has the settled, unhurried feel of a seaside town that fills up in summer and breathes easy the rest of the year.

Lifestyle & dining

Life in Cape Woolamai revolves around the coastline. The main beach is renowned among surfers as one of the best breaks in Victoria, and the walking track around Woolamai Head takes in dramatic granite cliffs, shearwater rookeries and sweeping views back across to San Remo and the mainland. It's a barefoot, boardshorts kind of place rather than a café-strip destination.

For dining and everyday indulgences, most residents head a few minutes up the road into Newhaven or San Remo, or further on to Cowes, where the choice of restaurants, pubs and takeaway expands considerably. Locally, a handful of shops and eateries near the beach cover the basics, keeping the pace deliberately unhurried.

Shopping

Cape Woolamai itself is light on retail, with a small local strip servicing daily needs. Bigger shopping trips mean a short drive to San Remo, which has a good bakery, fishing co-op and general retail, or on to Cowes, the commercial heart of Phillip Island, with its supermarkets, boutiques and weekend markets.

Getting around

The suburb connects to the mainland via San Remo and the Phillip Island bridge, making car ownership essential — there's no train line on the island, and public bus services run but are limited compared to Melbourne's suburbs. The drive to Melbourne's CBD takes a little under two hours via the M1 and South Gippsland Highway, making Cape Woolamai realistic as a weekend or holiday base rather than a daily commuter suburb, though some residents do make the trip for work.

Locally, the compact layout means many trips around the point, to the beach or into Newhaven can easily be done on foot or by bike.

Parks & recreation

Beyond the famous surf beach, Cape Woolamai's drawcard is the Woolamai Head Bushland Reserve, home to one of the largest short-tailed shearwater colonies in the world and a network of walking tracks with genuinely spectacular coastal scenery. Surf lifesaving patrols operate over summer, and the surrounding dunes and rock formations make it a popular spot for photography, fishing and birdwatching alike.

Housing & architecture

Housing here is dominated by low-rise beach houses and holiday homes, reflecting the suburb's character as a coastal retreat. Current listings show houses make up 78% of stock, with land sales at 18% and a small proportion of townhouses (4%) — indicative of a market still built around standalone blocks rather than higher-density living. Styles range from older weatherboard beach shacks to newer builds designed to make the most of coastal views and sea breezes.

The property market

Cape Woolamai's median house price currently sits at $680,000, with recent figures showing a pullback of 2.6% — a reminder that holiday and coastal markets like this one can move differently to the mainland, often tracking broader shifts in discretionary and investment buying. Median rent is $470 a week, appealing to both permanent residents and those renting out holiday homes in the off-season.

The available land component in current listings points to some ongoing scope for new building, which is worth noting for buyers comparing Cape Woolamai with more built-out neighbours like Newhaven and San Remo. For those after a coastal lifestyle property or a long-term holiday base within striking distance of Melbourne, it remains one of the more accessible entry points on Phillip Island.

Market snapshot

Cape Woolamai property market

Median price ranks #2,784 of 3,797 suburbs · pricier than 27%
Bedrooms

Median sale price

$680k

House · 3 bed

Median rent

$470

per week

Gross rental yield

3.6%

annual rent ÷ sale price

Typical price range

Entry

$575k

Median

$680k

Premium

$977k

Days on market

36

Auction clearance

0%

Sold this year

38

Median sold price trend · House 3 bed

Compound growth -4.5% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Cape Woolamai by dwelling type.

House78%
Land18%
Townhouse4%

Who lives here

Demographics

ABS Census 2021 figures for Cape Woolamai, VIC 3925.

Population

2,301

residents (2021)

Median age

43

years

Household income

$1,471

median, per week

Median rent

$340

per week

Median mortgage

$1,500

per month

Mortgage / income

24%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Recent results

Recently sold in Cape Woolamai

$550k

15 Surfers Drive

house2 bd · 1 ba · 2 car

Sold ~July 2026

$885k

22 Corona Road

house4 bd · 3 ba · 2 car

Sold ~July 2026

$590k

6 Summerhays Avenue

house3 bd · 1 ba · 1 car

Sold ~July 2026

$970k

25 Broadwater Avenue

house5 bd · 2 ba · 3 car

Sold ~July 2026

$940k

64 Panorama Drive

house3 bd · 2 ba · 2 car

Sold ~June 2026

$460k

6 Vista Place

land

Sold ~June 2026

$760k

91 Woolamai Beach Road

house3 bd · 1 ba · 3 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Cape Woolamai

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Compare the area

Price map around Cape Woolamai

Every listing for sale near Cape Woolamai, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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Cape WoolamaiNearby suburbs

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Common questions

Cape Woolamai suburb FAQ

What is the median property price in Cape Woolamai?

The median house price in Cape Woolamai, VIC is $680k for a 3-bedroom home. Over the past year, median sold prices have fallen about 2.6%.

How much is rent in Cape Woolamai?

The median weekly rent in Cape Woolamai is around $470 per week.

Is Cape Woolamai a good place to live?

Cape Woolamai is a town and headland at the south eastern tip of Phillip Island in Victoria, Australia. Cape Woolamai is an established residential suburb in VIC, with a population of around 2,301.

What is the population of Cape Woolamai?

Cape Woolamai has a population of 2,301 (ABS 2021 Census), with a median age of 43.

How long do homes take to sell in Cape Woolamai?

Properties in Cape Woolamai take around 36 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Cape Woolamai?

Entry-level properties in Cape Woolamai start around $575k, while premium homes reach $977k.

What suburbs are near Cape Woolamai?

Suburbs near Cape Woolamai include Newhaven, San Remo and Phillip Island.

Available now

Properties in Cape Woolamai

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For Sale
$980k–$1.08m
house

Luxury Family Living in Cape Woolamai

13 Panorama Drive, Cape Woolamai VIC 3925
533609 m²
Agents'Agency Network Partners3 months ago
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For Sale
$900k–$990k
house

The Brief: Luxury Coastal Living Just 650m from Cape Woolamai Beach

76C Lantana Road, Cape Woolamai VIC 3925
322
Area Specialist Solutions3 months ago
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For Sale
$1.13m–$1.2m
house

Coastal Living With Space To Entertain

23 Seaspray Avenue, Cape Woolamai VIC 3925
422585 m²
Price & Co. Real Estate1 month ago
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For Sale
$700k–$720k
house

Relaxed Coastal Living Just Moments From The Beach

22 Seesburg Street, Cape Woolamai VIC 3925
411585 m²
Price & Co. Real Estate4 weeks ago
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For Sale
$1.25m
house

Quality Coastal Masterpiece

101A Lantana Road, Cape Woolamai VIC 3925
321
One Agency Country to Coast3 months ago
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For Sale
$1.30m
house

Designer Living by the Beach

63 Tampa Road, Cape Woolamai VIC 3925
423585 m²
One Agency Country to Coast3 months ago
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For Sale
$779,000
house

Beachside Living, Moments From The Surf

52 Tampa Road, Cape Woolamai VIC 3925
323590 m²
Ray White Phillip Island1 month ago
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For Sale
$1m–$1.1m
land

An Excellent Opportunity In A Prime Location!

198-200 Vista Drive, Cape Woolamai VIC 3925
1174 m²
Ray White Phillip Island3 months ago
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For Sale
$641k–$681k
land

Coastal Land with Water Views in Cape Woolamai, Phillip Island

25 Grofam Court, Cape Woolamai VIC 3925
545 m²
Property Now2 months ago
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For Sale
$839,000
house

Charming Coastal Cottage, 350m to the Surf

93 Tampa Road, Cape Woolamai VIC 3925
32585 m²
One Agency Country to Coast3 months ago
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For Sale
$1.29m–$1.35m
house

Exquisite 50sq Coastal Living

36 Seashell Avenue, Cape Woolamai VIC 3925
552568 m²
One Agency Country to Coast3 months ago
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For Sale
$790k–$830k
house

Dual-Occupancy Coastal Retreat

42 Lantana Road, Cape Woolamai VIC 3925
432590 m²
Stockdale & Leggo Phillip Island | San Remo3 months ago
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