FOR SALE
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11 Hall Road
Carrum Downs VIC 3201

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 6820m2
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Rare Main Road Residential Development Opportunity for sale via EOI!

Raine and Horne Land Victoria is pleased to Introduce 11 Hall Road Carrum Downs - A unique opportunity to acquire a developable piece of land in the heart of Melbourne's booming South East for sale via Expressions of Interest. This General Residential Zoned property is strategically located right next to the United Petrol station and on the verge of one of the best performing industrial precincts in Australia.
Positioned with exposure to the Frankston Dandenong Road and Hall Road, this land of opportunity provides the potential purchaser with an opportunity to secure a land which can be developed from various perspective STCA.
This parcel is close to all key local amenities and offers a range of strengths as mentioned below but not limited to:
> Infill Development site
> Total Land area 6820 m2
> 4 Bedroom and 2 Bathroom house (inhabitable)*
> G1Z - General Residential Zone
> Premium Carrum Downs precinct earmarked for strong capital growth prospects
> This site is suitable for Apartment scheme / Townhouses, medical center, NDIS facility (STCA).
Location Details:
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Property Details for 11 Hall Rd, Carrum Downs

Building Type
Commercial
Floor Size
1m2
Land Size
6820m2

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About Carrum Downs 3201

The size of Carrum Downs is approximately 20.2 square kilometres. It has 46 parks covering nearly 3.6% of total area. The population of Carrum Downs in 2011 was 19,122 people. By 2016 the population was 20,723 showing a population growth of 8.4% in the area during that time. The predominant age group in Carrum Downs is 30-39 years. Households in Carrum Downs are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Carrum Downs work in a trades occupation. In 2011, 70.5% of the homes in Carrum Downs were owner-occupied compared with 67.9% in 2016.

Carrum Downs has 12,583 properties. Over the last 5 years, Houses in Carrum Downs have seen a 29.76% increase in median value, while Units have seen a 26.60% increase. As at 30 November 2024:

  • The median value for Houses in Carrum Downs is $723,240 while the median value for Units is $570,045.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 20 properties listed for sale, and 13 properties listed for rent in Carrum downs on OnTheHouse. According to CoreLogic's data, 519 properties were sold in the past 12 months in Carrum downs.

Suburb Insights for Carrum Downs 3201

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Atul Sama (Sunny)
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Amandeep Singh
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Raine & Horne Land Victoria
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.