OFF MARKET

1 Joyce Street
Carrum VIC 3197

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 176m2
Land area: 761m2
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Property Details for 1 Joyce St, Carrum

1 Joyce St, Carrum is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 2015. The property has a land size of 761m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
Unit
Year Built
2015
Floor Size
176m2
Land Size
761m2
Local Government
Kingston
Lot/Plan
1/TP414229

Last Listing description (September 2024)

Leveraging its ideal setting on the edge of Carrum Village with four 2-bedroom townhomes, this beachside opportunity is as rare as it is perfect for savvy investors looking to significantly boost their portfolio in a blue-chip cul-de-sac setting.

Each home features an open-concept layout with galley kitchens and a brilliant indoor-outdoor flow, fully equipped with stainless steel cooking appliances and a dishwasher for easy living. Private courtyards each sit separately from the upstairs bedroom wings, served by a central bathroom with a laundry and separate toilet on the lower floor.

With an annual rental return of $96,468, long tenancies with rental increases in place, hard-wearing and practical finishes, and easy-care grounds, it's the ideal low-maintenance investment for those looking at fantastic immediate and long-term returns. A proven performer and a generational opportunity, it sits a short walk from Carrum Village amenities, including ALDI, Carrum Station, Freddie's Kitchen, buses, and Patterson River. Contact Stavros on 0409 708 000 or Ashley on 0417 686 519 to discuss this expectional opportunity today!

Property History for 1 Joyce St, Carrum, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$345,000
08 Jan 2014
  • 07 Aug 2024
    Listed for Sale $2,650,000 - $2,900,000
  • 08 Jan 2014
    Sold for $345,000
  • 07 Jan 2014
    Listed for Sale UNDER CONTRACT
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About Carrum 3197

The size of Carrum is approximately 1.6 square kilometres. It has 6 parks covering nearly 9.7% of total area. The population of Carrum in 2011 was 3,602 people. By 2016 the population was 3,986 showing a population growth of 10.7% in the area during that time. The predominant age group in Carrum is 30-39 years. Households in Carrum are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrum work in a professional occupation. In 2011, 63.2% of the homes in Carrum were owner-occupied compared with 64.3% in 2016.

Carrum has 2,496 properties. Over the last 5 years, Houses in Carrum have seen a 36.52% increase in median value, while Units have seen a 14.85% increase. As at 31 August 2024:

  • The median value for Houses in Carrum is $1,173,291 while the median value for Units is $777,954.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Carrum on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Carrum.

Suburb Insights for Carrum 3197

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Disclaimer
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.