VIC · 3940

Capel Sound

Suburb profile, market snapshot and recent listings for Capel Sound, VIC 3940.

Capel Sound, VIC 3940

About Capel Sound

Welcome to Capel Sound

Capel Sound sits on the Mornington Peninsula, wrapped around the Rye foreshore roughly 80 kilometres south-east of Melbourne's CBD. Once known simply as part of Rye, it now carries its own identity as a low-key beachside community where sea breezes, boat ramps and Port Phillip Bay views set the pace of daily life.

With a population of around 5,246 and a median age of 59, this is a suburb favoured by retirees, downsizers and holidaymakers-turned-locals rather than young families chasing school catchments. It suits people who want a permanent or semi-permanent seachange without straying too far from the peninsula's wineries, golf courses and surf beaches at Rye, Tootgarook, Boneo and Fingal.

Lifestyle & dining

Life in Capel Sound revolves around the bay. The foreshore reserve running along the Point Nepean Road frontage is popular for walking, fishing and launching boats, and the calm waters make it a favourite with families over summer despite the suburb's generally older resident base. Cafes and casual dining spots dot the strip, with locals also drawn to the pubs, bakeries and takeaway options in neighbouring Rye and Tootgarook when they want more choice.

The pace here is unhurried. Weekends tend to mean a coffee by the water, a browse of the local produce on offer, or a short drive to the vineyards and providores further along the peninsula towards Red Hill and Merricks. It's a lifestyle built around simplicity and proximity to the sand rather than nightlife or big-ticket entertainment.

Shopping

Capel Sound and adjoining Rye share a functional retail strip catering to everyday needs — supermarkets, chemists, hardware and a spread of specialty shops. For bigger shopping trips, residents typically head toward Rosebud, which offers a larger retail and services hub only a short drive north-east, or further afield to Frankston for major retailers and department stores.

Getting around

Capel Sound is car-dependent, as is much of the southern Mornington Peninsula. Point Nepean Road is the main artery connecting the suburb to Rye, Tootgarook, Boneo and on to Portsea and Sorrento in one direction, and back up through Rosebud, Dromana and Mount Martha toward the Mornington Peninsula Freeway in the other.

There's no train line this far down the peninsula — the nearest stations are up around Frankston — so locals rely on buses along Point Nepean Road for public transport, or their own vehicles for the roughly 80-kilometre run into Melbourne. It's a trade-off many residents accept willingly in exchange for the beachside setting.

Schools & families

Eastbourne Primary School serves the area, giving local families a nearby option for primary education, while secondary students typically travel to schools in Rosebud or further up the peninsula. Given the median age of 59, Capel Sound isn't primarily marketed as a family suburb, but it does attract multi-generational households and grandparents who've settled near grandchildren, alongside retirees and part-time residents.

Parks & recreation

The foreshore reserve is the standout drawcard, offering swimming, fishing, boat ramp access and walking tracks with bay views. Golf is well catered for on the peninsula generally, and the nearby Rye and Tootgarook back beaches on the ocean side give residents a choice between the calmer bay and the surf, both just a short drive away.

The property market

Capel Sound's housing stock leans strongly toward standalone houses, which make up 64% of current listings, followed by apartments and units at 17%, land at 10% and townhouses at 7% — a mix that reflects its history as a beachside settlement gradually filling in rather than a master-planned estate.

The median house price sits at $747,000, having posted growth of 5.5% recently, while units and apartments carry a median of $575,000, offering a more accessible entry point to the bayside lifestyle. Median rent across the suburb is $580 a week. Buyers priced out of nearby Sorrento or Portsea often look to Capel Sound, Rye and Tootgarook for comparatively better value while staying close to the water.

Market snapshot

Capel Sound property market

Median price ranks #2,499 of 3,797 suburbs · pricier than 34%
Type
Bedrooms

Median sale price

$747k

House · 3 bed

Median rent

$580

per week

Gross rental yield

4.0%

annual rent ÷ sale price

Typical price range

Entry

$620k

Median

$747k

Premium

$1.04m

Days on market

27

Auction clearance

75%

Sold this year

69

Median sold price trend · House 3 bed

Compound growth -2.5% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Capel Sound by dwelling type.

House64%
Apartment / Unit17%
Land10%
Townhouse7%
Other1%

Who lives here

Demographics

ABS Census 2021 figures for Capel Sound, VIC 3940.

Population

5,246

residents (2021)

Median age

59

years

Household income

$950

median, per week

Median rent

$350

per week

Median mortgage

$1,603

per month

Mortgage / income

39%

stretched (>30%)

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

Education

Schools in Capel Sound

Government school catchment

Eastbourne Primary School

Prep-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Capel Sound

$1.05m

2/11 Flamingo Road

townhouse4 bd · 3 ba · 2 car

Sold ~July 2026

$687k

8 Ella Crescent

house2 bd · 2 ba · 1 car

Sold ~July 2026

$700k

26 Hakea Avenue

house3 bd · 1 ba · 3 car

Sold ~July 2026

$715k

21 Rose Street

house3 bd · 2 ba · 2 car

Sold ~July 2026

$750k

2/84 Elizabeth Avenue

apartment3 bd · 2 ba · 2 car

Sold ~July 2026

$701k

70 Allambi avenue

house3 bd · 1 ba · 4 car

Sold ~July 2026

$670k

14 The Helm

house2 bd · 2 ba · 3 car

Sold ~July 2026

$690k

2/3 Brendel Street

apartment2 bd · 1 ba · 1 car

Sold ~July 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 Capel Sound

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Compare the area

Price map around Capel Sound

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

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Capel SoundNearby suburbs

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Common questions

Capel Sound suburb FAQ

What is the median property price in Capel Sound?

The median house price in Capel Sound, VIC is $747k for a 3-bedroom home. Over the past year, median sold prices have risen about 5.5%.

How much is rent in Capel Sound?

The median weekly rent in Capel Sound is around $580 per week.

Is Capel Sound a good place to live?

Capel Sound is an established residential suburb in VIC, with a population of around 5,246 and 1 school in the area.

What is the population of Capel Sound?

Capel Sound has a population of 5,246 (ABS 2021 Census), with a median age of 59.

What schools are in Capel Sound?

There is 1 school in or near Capel Sound, including Eastbourne Primary School.

How long do homes take to sell in Capel Sound?

Properties in Capel Sound take around 27 days to sell on average, with an auction clearance rate of about 75%.

How much do you need to buy in Capel Sound?

Entry-level properties in Capel Sound start around $620k, while premium homes reach $1.04m.

What suburbs are near Capel Sound?

Suburbs near Capel Sound include Sound, Tootgarook, Rye, Boneo and Fingal.

Available now

Properties in Capel Sound

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Image 1
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For Sale
$625k–$675k
townhouse

The Complete Package: First Home, Holiday Haven or Investment

1/48 Broadway, Capel Sound VIC 3940
311207 m²
Belle Property Dromana3 weeks ago
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For Sale
$600k–$650k
apartment

Coastal Convenience Directly Across From The Bay

2/1635 Point Nepean Road, Capel Sound VIC 3940
211
Ray White Rosebud1 month ago
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For Sale
$1.19m–$1.22m
house

New Build Farm Style House walk 5 min to beach

52A Elizabeth Avenue, Capel Sound VIC 3940
533401 m²
For Sale By Owner3 months ago
Ask AI about this property
Image 1
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For Sale
$700k–$770k
house

Beachside living close to Capel Sound Shopping Village

19 The Galley, Capel Sound VIC 3940
312369 m²
Basso Real Estate1 month ago
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Image 1
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For Sale
$720k–$790k
house

Unlock Future Opportunity with Vintage Charm

79 Cootamundra Avenue, Capel Sound VIC 3940
422623 m²
GRANGER1 month ago
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Image 1
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For Sale
$650k–$699k
apartment

Quiet Coastal Retreat with Modern Style

7/21A Howqua Drive, Capel Sound VIC 3940
211301 m²
Stockdale & Leggo Dromana, Rosebud and Rye3 months ago
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For Sale
$895k–$980k
house

Blue-Chip Beachside Development Site - Plans and Permits Will Be Available

44 Grenville Grove, Capel Sound VIC 3940
41836 m²
Ray White Rosebud3 months ago
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Image 1
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For Sale
$750k–$820k
house

Private and peaceful renovated home

14 Baybreeze Court, Capel Sound VIC 3940
323510 m²
Belle Property Dromana2 weeks ago
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Image 1
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For Sale
$899k–$988k
townhouse

NEW HOME BY AWARD WINNING BUILDER

2/28 Howqua Drive, Capel Sound VIC 3940
432
KR Peters Officer1 week ago
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NewFor Sale
$880k–$940k
house

A Life in Full Bloom on Florence Avenue

17 Florence Avenue, Capel Sound VIC 3940
425836 m²
Ray White Rosebud2 days ago
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For Sale
$755k–$795k
house

Coastal Living Just Moments from the Beach

35 Braidwood Avenue, Capel Sound VIC 3940
315633 m²
Woodards - Flynn & Co Peninsula2 weeks ago
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Image 1
For Sale
$1.1m–$1.2m
land

Prime Beachside Opportunity - Unmatched Location

1713 Point Nepean Road, Capel Sound VIC 3940
724 m²
Ray White Rosebud3 months ago
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