If you're looking for value, then you can't look past Cape Paterson as one of Australia's best value beach towns. What makes Cape Paterson so great is that it has the vibe of a seaside town with two surf beaches and a tavern to enjoy a summer ale, while the house costs are not going to price you out of the market.
Located near the town of Wonthaggi, 132 kilometres southeast of Melbourne, Cape Paterson is served by excellent schools in surrounding towns, great health services, and a choice of four supermarkets within a quick 6-minute drive, ensuring there is plenty of food to enjoy at your backyard barbecue.
There are a variety of homes currently on the market to choose from. Surf Beach Road is the gateway to your million dollar view, but not always with the million dollar price tag. Recent sales in Cape Paterson have ranged from $280,000 up to 1.2 million.
If you secretly dream of that block of land on Surf Beach Road opposite the beach - you may be surprised to realise that some have recently sold in the low / mid $300,000 range, not exactly breaking the bank. They are located at the entrance of the track to the 2nd Surf Beach offering very good value for money.
Local agents Wayne & Rhanee Skate say you can now reach Cape within 1.5 hours from Melbourne and enter the market in Nardoo St only one street back from the beach in low to mid $400,000's -- with recent sales ranging between $410,000 and $435,000.
- SOLD -
This neat and tidy beach house recently sold on Anglers Road for $410,00, located central to both beaches and shops. It features polished floorboards throughout and open plan living with access to rear deck, it was a perfect market entry into Cape Paterson.
- FOR SALE -
This solid brick home surrounded by gardens and with a glimpse of the water from the front verandah. Featuring Slate floors flowing throughout living, kitchen and dining room. There are split systems in both living rooms and the front area has glass doors opening on to the covered veranda. For sale now through PBE Cape Paterson for $415,000.
Rahnee believes what families love about Cape is the choice, the option of the beaches and the well located amenities close by. Families with young children love the rock pool at the Bay Beach and the Surf Beach as they are safe summer time favorites.
Younger nippers and surf lifesavers have a choice of 2 surf lifesaving clubs; Wonthaggi SLSC located on Bay Beach and Cape Paterson SLSC is located on Surf Beach One.
Located only 10 minutes from Inverloch, guests can enjoy day trips along the glorious Bunurong drive as one of Victoria's most impressive coastal driving experiences.
-THE CAPE -
Cape Paterson is also the home to Australia's most sustainable housing community. The vision is a world first -to create a benchmark for sustainable living in a location unlike any other. The Cape brings together the expertise of local builders and sustainability experts. It features homes that produce more power than they use with 8.2 star energy rating (six stars is typical for new homes) and they are about 85% cheaper to run than an average house, according to a cost of living analysis by the Alternative Technology Association.
Of the $500 a year running costs, $400 is actually the cost to connect to the grid itself – but the house also has the potential to in the future run completely off the grid.
Brendan Condon, director of The Cape has created a legacy, a lifestyle legacy of sustainable design, but much more than that - a sustainable community. The development has a spectacular community garden that provides vegetables for all. It has walking tracks to connect people to each other and open spaces, and a housing layout and design that overcomes the social isolation many experience in current housing developments. The concept is all about bringing people and nature together to create a modern community that is at one with the environment. Furthermore, to enjoy a sustainable life at a price tag one can afford - house and land packages start from just $440,000.
One Of The Completed Show Homes At The Cape
The Cape Development Featured On Earth Hour
When talking with local agents Wayne and Rahnee Skate they commented that Australian demographics are changing rapidly, with average households becoming both smaller and older as people live independently in their later years. Therefore the balance between home and work life varies and the population is choosing to work and live by the sea and seeking sustainable solutions.
But what do the residents say? Well, they love their best kept secret, the traffic or lack thereof. Yes, you can still drive around over the summer periods as Cape Paterson does not experience the traffic jams that some of Melbourne's eastern beaches experience during the over populated summer periods. Does Cape Paterson stack up for value - the answer is undoubtedly yes, see for yourself.