SOLD
Sold on 08 Feb 2024 for $665,000

5/18-20 Tova Drive
Carrum Downs VIC 3201

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 253m2
Land area: 254m2
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Property Details for 5/18-20 Tova Dr, Carrum Downs

Building Type
Commercial
Floor Size
253m2
Land Size
254m2
Local Government
Frankston
Lot/Plan
5/PS438876

Last Listing description (October 2023)

- 253sqm total building area
- Currently returning $20,370 pa
- Leased until 30th June 2023 with 1-year option

- 3 x 3 Phase power outlets
- Container height roller door access
- Mezzanine floor (can be removed)
- Kitchenette
- 5 Car parks
- Close to Eastlink, Peninsula Link & Frankston-Dandenong Road

Property History for 5/18-20 Tova Dr, Carrum Downs, VIC 3201

A timeline of how this property has performed in the market
Last Sold
$665,000
08 Feb 2024
Listed for Rent
$322/w
07 Feb 2014
  • 08 Feb 2024
    Sold for $665,000
  • 13 Apr 2023
    Listed for Sale $745,000
  • 22 Dec 2013
    Listed for Sale SALE: $300,000;LEASE:$16,800 P.A
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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 12,549 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 36 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.