|Location||80kms S of CBD|
|Median Price House (2020)||$551,000|
|Median Price Unit (2020||N/A|
Capel Sound was formerly known as Rosebud West and is a suburb of Melbourne located on the Mornington Peninsula around 80km from Melbourne.
Traditionally regarded as a Retirement town due to Village Green Retirement, young families and first home buyers are being increasingly attracted to the area due to the affordability of housing. It is a perfect entry point into the Mornington Peninsula market with some great opportunities available.
With plenty of subdivision and development occurring, there are some different housing options the younger generations are buying in the area. The Capel Sound Village has promising businesses and the strip shops provide cafes & bars, several take away shops and dine in restaurants, fashion shops and more. Capel Sound also has primary and secondary schools, TAFE College, Hospital, and several sporting & dog parks to serve the community.