Capel Sound buyers are excited by low-maintenance homes that have been well looked after this month. They are favouring older properties on solid foundations over homes that have been renovated but may need structural work down the track.
Demand is quieter, with fewer active buyers than usual, but stock on market remains lower than it traditionally is. That balance means well-priced properties are still receiving quality offers. Anything that comes on priced too high sees buyers move on quickly.
Owners planning to re-enter the market are fast-tracking their plans, coming to market now to sell sooner. Many are aiming to buy back in later this year at a good change-over price.
Median sale price for houses in Capel Sound is $748,500, up 3.6% from last year.
Median sale price for units in Capel Sound is $584,000, down 0.3% from last year.
Properties sold for houses in Capel Sound is 121, up 3.4% from last year.
Properties sold for units in Capel Sound is 35, up 40.0% from last year.
Auction clearance for houses in Capel Sound is 72.7%, up 45.5% from last year.
Av days on market for houses in Capel Sound is 28, down 36.4% from last year.
Av days on market for units in Capel Sound is 43, down 23.2% from last year.
$748,500
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
Melbourne is absolutely abuzz in September when finals footy starts up. This year it’s bigger than ever, thanks to the shake up of the new wildcard rounds.
We're a city that eats outside the moment the weather allows, fires up the barbecue through four seasons in one day, and treats a good deck as an extra room
Art Deco arrived in Melbourne during the interwar years, when a wave of new technology and optimism was reshaping how cities looked and how people lived.
Melbourne in winter has a sneaky charm – the kind that rewards anyone willing to brave the cold for the short trip between the car and a roaring fireplace.
Discover the hidden potential of your biggest asset — for free, in seconds. Choose an Instant Appraisal for immediate market value and suburb performance, or request an in-depth Agent Appraisal from our experienced local Woodards professionals.
No obligation. No pressure. Just clarity.
Find Peninsula's Best Real Estate Agents at Woodards
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
Switch to Woodards Property Management
