484 Eastbourne Road, Capel Sound VIC 3940
484 Eastbourne Road, Capel Sound VIC 3940
A three-bedroom, two-bathroom single-story house with three car parking spaces on an 830-square-metre lot within the Woodthorpe Estate. The property has been fully renovated to a coastal comfort finish and is one of the original residences in this prestigious enclave. Its land size is a standout feature in the suburb’s context.
The property is positioned competitively within Capel Sound due to its generous land holding and high-quality renovation. A layer of prestige is added by its location in the Woodthorpe Estate, which is rare for the area. This house is best suited to those seeking a spacious, move-in-ready home on a large block. Families wanting room to spread out or retirees after a quieter coastal lifestyle are particularly well served by it. The property’s appeal is broadened by its single-level design across different buyer groups.
The value of this property may be influenced by its status as an original estate residence, as renovated character homes often command a premium but require careful assessment of underlying structure. The buyer field might be narrowed by the estate’s prestige to those prioritizing space and quality over pure convenience. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 484 Eastbourne Road, Capel Sound VIC 3940
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✓
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.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
828m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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