SOLD
Sold on 25 May 2024 for $407,000

15/60 Protea Street
Carrum Downs VIC 3201

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 197m2
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Property Details for 15/60 Protea St, Carrum Downs

15/60 Protea St, Carrum Downs is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 197m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Carrum Downs in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
70m2
Land Size
197m2
Local Government
Frankston
Lot/Plan
30/PS446453

Last Listing description (July 2024)

Perfectly located in the centre of Carrum Downs across the road from the shopping centre.

This over 55's living, single level freestanding, two bedroom, 1 well-appointed bathroom home is perfect for singles, downsizers, retirees and/or investors. Sitting in a quiet, secluded and convenient location and being a 5 minute walk to the shopping centre, bus routes, it simply doesn't get an better than this.

With an open plan living, enjoying a central located kitchen, this home simply exudes warmth throughout.
With built-in wardrobes and floor boards in both bedrooms, it compliments the 2 large bedrooms with the main bedroom comfortably fitting a king size bed with side tables presenting a double sliding door built in robe. This low maintenance unit also has a storage shed, gas heating, air conditioning, remote lock up garage ( with internal access ) with a car space behind the garage door for friends or relatives to park their cars. There are also extra car parking for guests in the complex very close by.
Enjoy the large landscaped gardens on common grounds complete with rotundas, walk to local shops, cafes, public transport, medical facilities, and entertainment. Enjoy the added benefit of private access to the main road with a residents key for extra security.

For the investor, It is currently been leased at $400 a week with an excellent ROI or alternatively for the owner, you can just move straight in December 2024 when the lease expires. The tenant has shown a keen interest to vacating earlier.

Relaxed and independent over 55's living at an affordable price in a quality development with plenty of open space with other friendly, likeminded homeowners/investors alike.
Take advantage of this opportunity to own this highly sort after complex today!!!!

Property History for 15/60 Protea St, Carrum Downs, VIC 3201

A timeline of how this property has performed in the market
Last Sold
$407,000
25 May 2024
Listed for Rent
$385/w
17 Nov 2022
  • 25 May 2024
    Sold for $407,000
  • 26 Feb 2024
    Listed for Sale $399,000 - $438,900
  • 17 Nov 2022
    Listed for Rent - Price not available
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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 12,547 properties. Over the last 5 years, Houses in Carrum Downs have seen a 27.75% increase in median value, while Units have seen a 27.99% increase. As at 31 October 2024:

  • The median value for Houses in Carrum Downs is $711,224 while the median value for Units is $564,735.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 37 properties listed for sale, and 12 properties listed for rent in Carrum downs on OnTheHouse. According to CoreLogic's data, 511 properties were sold in the past 12 months in Carrum downs.

Suburb Insights for Carrum Downs 3201

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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.