38 Allambi Avenue, Capel Sound VIC 3940
38 Allambi Avenue, Capel Sound VIC 3940
A 4-bedroom, 2-bathroom house on a 579 m² lot with 2-car parking. The bedroom count is taken from the majority of sources, reflecting the stronger configuration.
This property sits within Capel Sound’s typical housing stock, offering a balanced layout that suits families seeking coastal proximity. A 4-bedroom configuration on a lot of this size is competitively strong, as it provides room for both living and outdoor space without being oversized. The consistent 2-bathroom setup adds practical appeal for households or guests. Positioned in a suburb known for standalone housing on moderate lots, this house aligns well with buyers looking for a solid, everyday family home near the coast. It is best suited to owner-occupiers, particularly families, who value straightforward functionality and a location that supports a relaxed lifestyle.
The land size variance between 579 m² and 586 m² is minor and unlikely to materially affect value, though precise boundaries should be confirmed. The last recorded sale in 2000 suggests the building may be from the late 1990s or early 2000s, which could influence renovation needs or buyer perception of condition. Without confirmed finishes, aspect, or floor level, the property’s true appeal may hinge on its internal quality and orientation. The absence of nearby sales data means price is harder to benchmark, so a buyer should weigh the cost of potential upgrades against the property’s unverified but standard suburban character.
Detailed Independent Property Report prepared by PropCred Analyst team for 38 Allambi Avenue, Capel Sound VIC 3940
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Capel Sound offers a relaxed bayside lifestyle with a strong community feel, attracting retirees, first-home buyers, and holidaymakers seeking affordable housing. This diverse demand supports a stable market, with house prices showing modest growth and units demonstrating stronger recent performance. The suburb’s appeal is anchored by its calm beaches and proximity to Melbourne, though its popularity with older demographics and seasonal buyers introduces a degree of market sensitivity.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
3
Land
586m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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