October 2026 data · Bass Coast · VIC
Cape Paterson house prices: median price and growth
- Median house
- $850k ▲ +15.7% in 12 months
- Median unit
- $710k Too few sales for a change
The median house price in Cape Paterson is $850k (October 2026), up 15.7% over 12 months. Units have a median of $710k. That puts Cape Paterson above the typical Phillip Island and Bass Coast suburb ($775k) and number 2 of the 4 suburbs around it.
Median house price
- $2.25M+
- $2M–$2.25M
- $1.75M–$2M
- $1.5M–$1.75M
- $1.25M–$1.5M
- $1M–$1.25M
- $750K–$1M
- $500K–$750K
- <$500K
Cape Paterson price changes
| Type | Median | 3 mo | 6 mo | 12 mo |
|---|---|---|---|---|
| House | $850k | ▲ +9.0% | ▲ +9.0% | ▲ +15.7% |
| Unit | $710k | – | – | – |
Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.
Cape Paterson compared with nearby suburbs
Suburbs within about 1 km of Cape Paterson, dearest house median first. Select a column heading to sort.
| House | Unit | |||||||
|---|---|---|---|---|---|---|---|---|
| Harmers Haven | $1.26m | – | – | – | – | – | – | – |
| Cape Paterson | $850k | ▲ +9.0% | ▲ +9.0% | ▲ +15.7% | $710k | – | – | – |
| Inverloch | $850k | ▼ −0.9% | ▲ +0.5% | 0.0% | $673k | ▲ +7.6% | ▼ −11.2% | ▲ +7.2% |
| Wonthaggi | $552k | ▼ −3.2% | ▲ +1.3% | ▼ −0.5% | $408k | ▲ +0.6% | ▲ +1.9% | ▲ +1.9% |
Living in Cape Paterson
From the 2021 ABS Census: Cape Paterson against the Bass Coast council area and VIC. Council and state percentages count all their residents; their medians are the middle suburb by population.
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| Figure | Cape Paterson | Bass Coast (council) | VIC |
|---|---|---|---|
| People | |||
| Population | 1,111 | 41,220 | 6,503,500 |
| Median age | 55 | 54 | 39 |
| Families with children | 🔒 | 🔒 | 🔒 |
| Born overseas | 13.7% | 15.1% | 30.0% |
| Language other than English at home | 🔒 | 🔒 | 🔒 |
| Work and education | |||
| Median household income | $1,285/wk | $1,181/wk | $1,856/wk |
| Median personal income | 🔒 | 🔒 | 🔒 |
| Professionals and managers | 🔒 | 🔒 | 🔒 |
| Unemployment | 🔒 | 🔒 | 🔒 |
| Bachelor degree or higher | 🔒 | 🔒 | 🔒 |
| Completed Year 12 | 🔒 | 🔒 | 🔒 |
| Housing | |||
| Owned outright | 🔒 | 🔒 | 🔒 |
| Owned with a mortgage | 🔒 | 🔒 | 🔒 |
| Rented | 16.3% | 20.3% | 28.5% |
| Separate houses | 🔒 | 🔒 | 🔒 |
| Flats and apartments | 🔒 | 🔒 | 🔒 |
| Median weekly rent | 🔒 | 🔒 | 🔒 |
| Median mortgage repayment | 🔒 | 🔒 | 🔒 |
| Advantage | |||
| SEIFA advantage (IRSAD), Australian decile | 🔒 | 🔒 | 🔒 |
🔒 Age, occupation and ancestry breakdowns for Cape Paterson, its council and VIC
Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.
Common questions
What is the median house price in Cape Paterson?
The median house price in Cape Paterson was $850k in October 2026, up 15.7% on a year earlier. The typical Phillip Island and Bass Coast suburb median was $775k.
What is the median unit price in Cape Paterson?
The median unit price in Cape Paterson was $710k in October 2026.
Is Cape Paterson more expensive than nearby suburbs?
Of the 3 neighbouring suburbs with a median house price, 1 is dearer than Cape Paterson and 2 are cheaper or the same.
Where does this data come from?
Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.