SOLD
Sold on 20 Jul 2024 for $3,320,000

695 Nepean Highway
Carrum VIC 3197

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 990m2
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Property Details for 695 Nepean Hwy, Carrum

695 Nepean Hwy, Carrum is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 990m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Carrum in the last 12 months.

Building Type
House
Land Size
990m2
Local Government
Kingston
Lot/Plan
1/TP678497

Last Listing description (October 2024)

Eagerly awaiting a lavish architectural vision, this waterfront allotment of approximately 990sqm delivers the epitome of coastal opulence with its premium Port Phillip Bay frontage. With breath taking vistas that stretch across the water to Geelong and Melbourne city skyline, design the dream or develop (multi-dwelling potential) with a backdrop of mesmerising natural beauty (STCA).

Boasting an extraordinary opportunity with the option for multi-dwelling development potential, it stands among house-proud neighbours with an address of complete convenience. Presented only a short walk from Carrum Primary School and Train Station, with its own private beach frontage, this complete lifestyle package awaits an exciting future for those with a creative mind.

- A premium allotment of approximately 990sqm

- A convenient address perfect for those with a city commute
- Beachfront position, only paces from Carrum Train Station and shops
- Ready to be reimagined with unlimited potential including multi-dwelling development (STCA)
- Mesmerising Port Phillip Bay aspects towards Geelong and Melbourne CBD
- Ready to be cleared and rebuilt with architectural flair
- Create the vision and design the family dream
- Well-placed for both premium family living and beneficial re-sale

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Property History for 695 Nepean Hwy, Carrum, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$3,320,000
20 Jul 2024
  • 20 Jul 2024
    Sold for $3,320,000
  • 21 Jun 2024
    Listed for Sale $2,100,0000 - $2,300,000
  • 01 Jun 1988
    Sold for $327,000

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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 2,534 properties. Over the last 5 years, Houses in Carrum have seen a 32.48% increase in median value, while Units have seen a 16.46% increase. As at 31 October 2024:

  • The median value for Houses in Carrum is $1,158,271 while the median value for Units is $798,394.
  • Houses have a median rent of $628 while Units have a median rent of $595.
There are currently 20 properties listed for sale, and 4 properties listed for rent in Carrum on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Carrum.

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