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 › Rae St
$650,000
Last sold
17 Feb 2026
2
Bedrooms
2
Bathrooms
5
Car spaces
571 m²
Land
111 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$650,000
17 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Capel Sound (last 5 years) with land size have a median of $1,133/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
-8.8%
Median sale
Suburb $712,500
+0.37 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 data is being calculated
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.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
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
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried 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 Basso Real EstateRare Investment or Development Prospect – Walk to Beach, Shops & Services
What a great opportunity to purchase a prime piece of real estate in the heart of Capel Sound! This property boasts a coveted corner site with significant development potential (STCA), making it an ideal pick for savvy investors, developers, or home buyers looking to secure a foothold in this sought-after pocket.
Perfectly positioned within an easy stroll to Rosebud Hospital and health services, Capel Sound Beach, Rosebud Plaza, and Rosebud College, you’ll have everything you need right at your doorstep. This address would make an exceptional addition to anyone’s property portfolio.
The existing 2-bedroom dwelling is in its original condition and offers a spacious open-plan living area fitted with gas heating, an original kitchen featuring gas cooking, and a central bathroom. There’s also a separate toilet, a second family living or games room, a second toilet, and a separate laundry with additional bathroom facilities—plenty of space and flexibility for families or tenants.
Outside, enjoy the convenience of a double carport and a single lock-up garage, all set on a low-maintenance, flat 571 sqm corner block. The property offers great scope for future enhancements or redevelopment, subject to council approval.
Currently, the home is tenanted at $400.00 per week on a month-to-month basis, with reliable tenants keen to remain should the purchaser prefer to keep them on, ensuring instant rental income from day one.
Capel Sound is less than an hour from the Melbourne CBD via the toll-free Peninsula Link, and it’s surrounded by world-class wineries, top-notch golf courses, and pristine beaches. Opportunities like this are snapped up quickly, so make sure this property is at the top of your inspection list. Call now—this could be the best decision you make this year!
Please Note: Every reasonable effort has been made to ensure the information in this advertisement is current; however, Basso Real Estate does not warrant the accuracy or completeness of the information and excludes all liability for any loss or damage arising in connection with the data and information contained herein, to the full extent permitted by law. We always recommend that buyers obtain both a building and pest inspection report prior to making an offer to purchase.
For privacy reasons, the photos used in this advert were taken in 2020, just before the current tenants moved in.
Listing description written by Paul Basso, Basso Real Estate — reproduced as published, not verified by Districts.