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VIC › Capel Sound › Hakea Ave

17 Hakea Ave, Capel Sound VIC 3940

House

$656,000

Last sold

12 Nov 2025

3

Bedrooms

1

Bathrooms

4

Car spaces

595 m²

Land

110 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $656,000 (12 Nov 2025).(Recorded sale)
  • CalculationLand 595 m² against a 110 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Capel Sound (last 5 years) with land size: median $1,137/m² of land (n=74). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$656,000

12 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.

See the full Capel Sound report →

Vs Capel Sound

-7.9%

Median sale

Suburb $712,500

+0.33 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$656,00012 Nov 2025
  2. Listedprice unknowncompleted13 Oct 2025
  3. Listedprice unknowncompleted13 Oct 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Capel Sound in one glance

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.

See the full Capel Sound report →

Keep researching

  • Why Capel Sound? Read the area thesis →
  • What else is on the market in Capel Sound →
  • Other records on Hakea Ave →

Listing material

Listed by Basso Real Estate

Affordable 3-Bedroom Home Near Capel Sound Beach

Perfect Opportunity for First Home Buyers, Investors & Holiday Seekers

Looking for a property with potential in a fantastic location? This charming 3-bedroom, 1-bathroom brick veneer home is brimming with possibilities.

With a little TLC—think a fresh coat of paint and new carpets—you can transform this solid home into your dream retreat or a smart investment.

Read the full description

Property Features

• Three generously sized bedrooms

• Central family bathroom

• Brick veneer construction for peace of mind

• Single standalone steel garage—perfect for your car, boat or extra storage

Why This Home?

• Excellent price point—ideal for first home buyers looking to enter the market

• Attractive option for investors seeking solid rental returns

• Affordable holiday home just a stone’s throw from the beach

Prime Location

Enjoy being just moments away from the golden sands of Capel Sound beach—perfect for sunny days, sunset strolls, and summer barbies. Plus, Capel Sound Shopping Village is conveniently close, giving you access to shops, cafes, and all your daily essentials.

This is your chance to secure a fantastic property with loads of potential in one of the Mornington Peninsula’s most sought-after locations. Don’t miss out—properties at this price and location are rare as hen’s teeth!

Contact us today to arrange an inspection and see the opportunity for yourself!

With Capel Sound just an hour from Melbourne CBD and close to world-class wineries, golf courses, and beaches via the toll-free Peninsula Link, this property should be at the top of your list. So, call now. You won't be disappointed.

Whilst all reasonable effort is made to ensure the information in this advertisement is current, Basso Real Estate does not warrant the accuracy or completeness of the data and information contained in this advertisement and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this advertisement.

Listing description written by Paul Basso, Basso Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Living Areas: 1
  • Secure Parking
  • Shed
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.