SOLD
Sold on 30 May 2024 for $720,000

23 Progress Drive
Carrum Downs VIC 3201

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 21127m2
Sold By
Nichols Crowder - Carrum Downs
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Property Details for 23 Progress Dr, Carrum Downs

Building Type
Commercial
Year Built
2001
Land Size
21127m2
Local Government
Frankston
Lot/Plan
16/PS807643

Last Listing description (May 2018)

For lease is this 243m2 warehouse situated in the brand new development in Colemans Road, Carrum Downs.
Located within close proximity to Frankston Dandenong Road, Peninsula Link and Frankston freeway, this opportunity will not last long, so be quick.
Available from April 2018.

For further information and to organise an inspection, contact Josh Monks.

Property History for 23 Progress Dr, Carrum Downs, VIC 3201

A timeline of how this property has performed in the market
Last Sold
$720,000
30 May 2024
Listed for Rent
$396/w
23 May 2018
  • 30 May 2024
    Sold for $720,000
  • 14 Mar 2018
    Listed for Rent $20,655 / year
  • 01 May 2017
    Sold for $360,855

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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 12,497 properties. Over the last 5 years, Houses in Carrum Downs have seen a 31.05% increase in median value, while Units have seen a 32.87% increase. As at 31 August 2024:

  • The median value for Houses in Carrum Downs is $711,756 while the median value for Units is $574,343.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 32 properties listed for sale, and 6 properties listed for rent in Carrum downs on OnTheHouse. According to CoreLogic's data, 501 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.