OFF MARKET

4 Melaleuca Drive
Carrum VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 256m2
Land area: 775m2
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Property Details for 4 Melaleuca Dr, Carrum

4 Melaleuca Dr, Carrum is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 775m2 and floor size of 256m2. While the property is not currently for sale or for rent, it was last sold in February 2014.

Building Type
House
Year Built
2015
Floor Size
256m2
Land Size
775m2
Local Government
Kingston
Lot/Plan
1/TP944159

Last Listing description (February 2014)

AUCTION this SAT@11am..... Live in, Redevelop, renovate or Invest in this perfectly positioned unique and original 3 Bed riverside home with views over river and direct access to walkway. Situated on 762m2 of prime land that is suitable for a new home or develop into units (stca). While you are adding up the benefits and planning to capitalise, the home is suitable for rental income and don't overlook the existing value here.
With its in demand location it is only a couple of minutes' walk to beach , shops, The Cove and Patterson River Marina, take a look and you won't be disappointed..

Property History for 4 Melaleuca Dr, Carrum, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$626,000
22 Feb 2014
  • 22 Feb 2014
    Sold for $626,000
  • 30 Jan 2014
    Listed for Sale $560,000+

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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 2,484 properties. Over the last 5 years, Houses in Carrum have seen a 28.27% increase in median value, while Units have seen a 15.90% increase. As at 30 September 2024:

  • The median value for Houses in Carrum is $1,123,003 while the median value for Units is $789,479.
  • Houses have a median rent of $605 while Units have a median rent of $583.
There are currently 16 properties listed for sale, and 4 properties listed for rent in Carrum on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Carrum.

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