Cape Schanck, VIC 3939
Cape Schanck property market
Activity in Cape Schanck is light, with 15 sales at around $1.25M as of July 2026, taking about 94 days to sell, among the country's biggest house price drops.
Unit sales are a much smaller second, with 3 sales at around $763.5k, taking about 165 days to sell. Then come 3 house rentals at $695 a week.
Who lives hereA high-income, largely mortgage-free, retirement-age suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Cape Schanck demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Cape Schanck?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Cape Schanck
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Cape Schanck
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 3.3× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Cape Schanck
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Cape Schanck
No school inside Cape Schanck itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- No schools within 5 km — widen the radius.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Cape Schanck median house price & rent
Headline price, rent, yield and time on market for Cape Schanck — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Cape Schanck property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Cape Schanck
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Cape Schanck against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Cape Schanck in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Cape Schanck — Units & Houses, all bedrooms
Cape Schanck median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Cape Schanck fell from $1.08M (Jul 2021) to $1.04M (Jun 2026) — a 3.6% decline over five years — peaking at $1.90M between May 2022 and Apr 2023. Median house rent went from $396/wk to $405/wk (+2.3%) over the same period. For units, the median sale price fell from $550k to $475k (−13.7%), with rent down from $513/wk to $390/wk (−24.0%) over the same period.
Suburbs near Cape Schanck: prices compared
The nearest suburbs to Cape Schanck, ranked by distance — each lined up against Cape Schanck on the same measures, so the differences jump out at a glance.
Suburbs like Cape Schanck
Suburbs anywhere in VIC that behave like Cape Schanck — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Cape Schanck vs Loch: the closest sales-market match trades at a median of $842k against Cape Schanck's $885k — about 5% lower, with homes selling in 75 days versus 72 days here.
Comparable sales markets to Cape Schanck: Loch property prices, Aireys Inlet property growth, Wandong property market, Inverleigh property growth and Silverleaves property growth.
Frequently asked · Cape Schanck
25 data-driven answers about Cape Schanck's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Cape Schanck?
#The median house price in Cape Schanck, VIC 3939 is $885k as of June 2026, based on 3 sales over the past 12 months. Houses there have moved +0.5% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Cape Schanck?
#The median unit price in Cape Schanck, VIC 3939 is $885k as of June 2026, based on 3 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Cape Schanck?
#The median weekly house rent in Cape Schanck is $442 as of June 2026. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Cape Schanck?
#A 3 bedroom house in Cape Schanck rents for a median $442 per week as of June 2026. Across other house sizes: 4-bedroom $442/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Cape Schanck?
#Gross rental yield in Cape Schanck is 1.54% for houses as of June 2026, compared with the VIC unit median of 3.67%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Cape Schanck?
#As of June 2026, Cape Schanck medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | $885k | $885k | $885k |
| Units | — | — | $885k | — | $885k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Cape Schanck's property market trends?
#Cape Schanck's property market trends to June 2026: house prices rose +0.5% year-on-year and units +0.5%; weekly house rents moved +50.0%; homes now sell in a median 72 days — slower than a year ago by 8; sales supply sits at 1.1 months (severe). Read together — price, rent, selling speed and supply — they show which way the Cape Schanck market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Cape Schanck as an investment?
#As of June 2026 in Cape Schanck, house prices rose +0.5% over the year, gross rental yield is 1.54% against a VIC median of 1.98%, houses take a median 72 days to sell, sales supply is 1.1 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Cape Schanck?
#Houses in Cape Schanck sell in a median 72 days on market as of June 2026, with units clearing slightly similarly at 72 days. Days on market have lengthened by 8 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Cape Schanck a tight or loose property market right now?
#Cape Schanck's sales market sits at 1.1 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 1.4 months of supply.
Have property prices in Cape Schanck gone up or down?
#House prices in Cape Schanck moved +0.5% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Cape Schanck?
#Cape Schanck's house rental market sits at 1.4 months of supply as of June 2026 — classified as Tight, with 2 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Cape Schanck in its property market cycle?
#Cape Schanck's house market is currently in the 'softer_weakening' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year loosening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Cape Schanck compare to other VIC suburbs?
#Cape Schanck's median house price ($885k) is 81% above the VIC median ($488k) as of June 2026. On selling speed, houses clear in 72 days vs 19 days state median. On gross yield, Cape Schanck sits at 1.54% vs 1.98% state median.
How does Cape Schanck compare to neighbouring suburbs?
#Cape Schanck's most-similar nearby market is Loch (39.9 km away) with a median house price of $842k — about 5% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Cape Schanck?
#The most-transacted segment in Cape Schanck over the 12 months to June 2026 is 2 bed houses with 4 sales. 3 bed houses come second at 4 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Cape Schanck last year?
#Cape Schanck recorded 4 house sales and 4 unit sales over the 12 months to June 2026 — a combined 8 transactions. On the rental side, 2 houses and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Cape Schanck in?
#Cape Schanck is in postcode 3939, in the Mornington Peninsula region of VIC. Addresses there are written as Cape Schanck, VIC 3939.
What is the population of Cape Schanck?
#Cape Schanck, VIC 3939 is home to 501 residents (ABS Census 2021). The median resident age is 43, and the average household holds 1.7 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Cape Schanck?
#The median household in Cape Schanck earns $2k per week — roughly $97k a year (ABS Census 2021). Median personal income runs $562/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Cape Schanck?
#The unemployment rate in Cape Schanck is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Cape Schanck?
#Cape Schanck is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Cape Schanck?
#Cape Schanck has 14 schools within reach — including Boneo Primary School, Advance College of Education Incorporated, Eastbourne Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Cape Schanck a good place to live?
#Cape Schanck, VIC 3939 has a population of 501, a median age of 43, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 14 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Cape Schanck market data last updated?
#This Cape Schanck market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.