Capel Sound at a glance
5,039
People
$712,500
Median sale
$533/wk
Median rent
3.89%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
VIC › Capel Sound › Gannett Ave
$675,000
Last sold
11 Nov 2025
2
Bedrooms
1
Bathrooms
4
Car spaces
724 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$675,000
11 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Capel Sound (last 5 years) with land size have a median of $1,137/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Capel Sound at a glance
5,039
People
$712,500
Median sale
$533/wk
Median rent
3.89%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Vs Capel Sound
-5.3%
Median sale
Suburb $712,500
+0.22 pp
Gross yield
Suburb 3.89%
Suburb median $712,500 from 50 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Mornington Peninsula
Mornington Peninsula, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
The official layer maps a flood zone on this parcel, intersecting about 98.6% of it (Vicmap Planning, retrieved 2 Sept 2026). Verify the extent against the title before relying on unaffected land.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 725 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
98.6% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 725 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $533/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
Official parcel about 725 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.
Nearby competing dwellings and net yield are still unknown.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 725 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 725 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.
Lot-level flood
Knownmedium98.6% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Capel Sound at a glance
5,039
People
$712,500
Median sale
$533/wk
Median rent
3.89%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant RosebudTucked away in a peaceful pocket of Capel Sound, Leora is a beautifully renovated two-bedroom, one-bathroom weatherboard home that perfectly captures the essence of relaxed coastal living. Set on a generous 724sqm (approx.) allotment, it's the ideal weekender, holiday escape, or first-home opportunity.
Stepping inside, the home's mid-century character shines through with expansive glass windows that flood the interiors with sun and natural light, creating an inviting sense of space and connection to the outdoors.
The open-plan living area blends comfort and style, anchored by a gas fireplace for cozy evenings and flowing effortlessly to a tropical-inspired garden oasis reminiscent of Queensland's charm. The modern kitchen combines functionality with character, featuring stone benchtops, gas cooking, soft pastel cabinetry, and pendant lighting. Glass doors open to a paved patio and BBQ area - the perfect spot for your morning coffee or relaxed entertaining with friends and family.
Outside, a lush front lawn and landscaped gardens create instant street appeal, while the long driveway provides ample space for three cars.
Backing directly onto the Tootgarook Native Bush Heritage Reserve, the property enjoys an ever-changing natural backdrop - home to swans, ducks, frogs, and migrating birds. This rare setting delivers a wonderful sense of peace and privacy, all just minutes from Capel Sound's foreshore, local cafés, walking trails, and the best of the Mornington Peninsula: pristine beaches, golf courses, award-winning wineries, and rejuvenating hot springs.
Listing description written by Thomas Solunto, Barry Plant Rosebud — reproduced as published, not verified by Districts.
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