8 Terry Street, Capel Sound VIC 3940

As-new coastal family home | 797sqm with bore water and garden | 4-bedroom layout with dual garage and shed | 250m to beach in a softening market The property presents a rare combination of near-new build quality on a generous block within walking distance to the beach, making it a strong candidate for families seeking a permanent coastal home or a low-maintenance holiday base. The 333sqm floorplan with four bedrooms, two bathrooms, and separate living zones offers functional separation, while the covered deck and established garden with bore water reduce ongoing outdoor upkeep. The separate oversize shed and gated storage add practical value for boat or caravan owners, a common requirement in this corridor. For buyers prioritising move-in readiness and beach proximity over land banking, this house holds a clear advantage over older stock in the same price bracket. The bushfire overlay is a material consideration, likely affecting insurance premiums and any future extensions, and should be costed before committing. The suburb’s recent -5.2% price decline suggests limited short-term capital growth, so the purchase logic rests on lifestyle utility and long-term hold rather than flipping. The estimated pre-listing value of $943,000 indicates the current guide carries a premium for the as-new condition and location, meaning negotiation room may exist. Buyers should treat this as a use-case property: live in it, rent it for yield near 3.6%, or hold as a coastal retreat, but not as a short-term appreciation play.