Capel Sound is a mid-sized suburb in Victoria within the Mornington Peninsula local government area (postcode 3940). With a population of 5,246, the suburb has an older demographic with a median age of 59. Households earn a median income of $49K per year, with an average household size of 1.9 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Capel Sound is $723,000, having dipped slightly 2.4% over the past year. Units have a median price of $588,000 (-12.9% YoY). The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,603.
Capel Sound is served by 1 school, including 1 primary. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 38 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, Capel Sound offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($723K/$875K). The price-to-income ratio of 14.6x is considered stretched. House prices have moved -2.4% year-on-year.
Capel Sound is a mid-sized suburb in Victoria within the Mornington Peninsula local government area (postcode 3940). With a population of 5,246, the suburb has an older demographic with a median age of 59. Households earn a median income of $49K per year, with an average household size of 1.9 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Capel Sound is $723,000, having dipped slightly 2.4% over the past year. Units have a median price of $588,000 (-12.9% YoY). The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,603.
Capel Sound is served by 1 school, including 1 primary. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 38 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, Capel Sound offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($723K/$875K). The price-to-income ratio of 14.6x is considered stretched. House prices have moved -2.4% year-on-year.