Thinking about buying in Capel Sound? Now could not be a better time, with 5127 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $909,000 with prices in this suburb ranging from $389,000 to $2,738,000. Capel Sound is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Capel Sound Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Capel Sound driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Capel Sound due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Capel Sound provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Capel Sound necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Capel Sound we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Capel Sound a better buying opportunity than it may have been in the past.

Houses for sale Capel Sound

	21 SUNDEW AV, CAPEL SOUND, VIC, 3940	4	2	3	$900,000 - $990,000
	8 PEARSON ST, CAPEL SOUND, VIC, 3940	4	3	2	$1,100,000 - $1,200,000
	38 BARRAGOWA DR, CAPEL SOUND, VIC, 3940	3	2	2	685000
	UNIT 5, 1591 POINT NEPEAN RD, CAPEL SOUND, VIC, 3940	2	1	1	550000
	8 FLORENCE AV, CAPEL SOUND, VIC, 3940	3	1	4	750000
	UNIT 1, 6 NERRIN ST, CAPEL SOUND, VIC, 3940	4	4	4	950000
	5 STAUGHTON AV, CAPEL SOUND, VIC, 3940	3	1	4	595000
	UNIT 4, 1685 POINT NEPEAN RD, CAPEL SOUND, VIC, 3940	3	1	2	$590,000 to $640,000
	6 MAWARRA AV, CAPEL SOUND, VIC, 3940	3	1	2	$770,000 to $790,000
	323 EASTBOURNE RD, CAPEL SOUND, VIC, 3940	3	2	3	$780,000 - $830,000

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