Capel Sound
3940 VIC
CAPEL SOUND, VIC 3940 is a coastal suburb with a diverse age range, with a significant population aged 65 years or over. The median household income is average, and the majority of residents commute by motor vehicle. The suburb has a mix of occupations, with technicians and trade workers being prominent. There is also a sizeable portion of residents working from home.
For houses in CAPEL SOUND, there is a high market absorption rate, indicating strong demand and potential for price growth. The suburb has a low vacancy rate, suggesting a stable rental market. Houses have seen consistent median growth over the past years. For units, although the market absorption rate is lower, the room demand-supply ratio is significant, implying good rental opportunities.
CAPEL SOUND, VIC 3940 offers a coastal lifestyle with good investment potential in both houses and units. Residents enjoy a mix of age groups, occupations, and commuting options, with a growing trend of working from home. Investors may find opportunities in the stable housing market with potential for growth and rental yield.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Neighbouring Suburbs
Suburb Highlights
Pricing and long-term growth profile for Capel Sound houses.
Median Price
$753k
# Sales
115
12M Growth
6.3%
10Y Ave Growth
6.1%
Why Buyers Look Here
Proven growth — 6.1% average annual growth over 10 years.
Tight supply — Only 0.8% of stock on market — limited turnover supports price growth.
Fast selling market — Properties sell in a median of 30 days — high buyer competition.
Capital Growth
Pricing and long-term growth profile for Capel Sound houses.
Median Price
$753k
# Sales
115
12M Growth
6.3%
10Y Ave Growth
6.1%
Rental Market
Yield, rental pricing and vacancy performance for Capel Sound houses.
Weekly Rent
$575
Rental Yield
3.9%
Vacancy Rate
1.1%
Rentals Last 12M
149
Supply & Demand
Stock levels, days on market and selling conditions for Capel Sound.
Stock on Market
0.8%
Days on Market
30
Building Approvals
2.7%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Capel Sound.
Population
5,246
Owner Occupiers
56%
Median Income
$49k
IRSAD Rank
15
