OFF MARKET

55 Orama Avenue
Carrum Downs VIC 3201

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
Land area: 637m2
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Property Details for 55 Orama Ave, Carrum Downs

55 Orama Ave, Carrum Downs is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 637m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
2000
Floor Size
120m2
Land Size
637m2
Local Government
Frankston
Lot/Plan
224/PS425851

Last Listing description (January 2022)

Set on a large 637sqm (approx.) corner allotment, this near-original three-bedroom home is an incredible opportunity for the home-owner, renovator or investor in a fantastic family-friendly location, with easy access to Eastlink, quality schooling and surrounding nature reserves.

A blank canvas for the stylish renovator or a comfortable family home with everything needed for a relaxed lifestyle, this home offers vast living space inside and out. A family lounge and centrally placed formal dining boast incredible room to grow, flowing to the entertaining space and huge rear yard. The kitchen entices the imagination, with an abundance of space and intelligent original planning able to be easily updated to suit modern trends and convenience.

The master bedroom offers the space most desire, equipped with a walk-in robe and ensuite, while two further bedrooms privately positioned to the rear boast built-in robes and a backyard outlook, serviced by the family bathroom, separate toilet and full-sized laundry.

The ingenious investor will see a further opportunity beyond the four walls, with the 637sqm (approx.) corner allotment potentially lending to subdivision and development potential (STCA), in a highly-sought locale near Carrum Downs Secondary College, Banyan Fields Primary School, Carrum Downs Shopping Centre, recreational reserves and easy Eastlink access.

Property History for 55 Orama Ave, Carrum Downs, VIC 3201

A timeline of how this property has performed in the market
Last Sold
$675,000
10 Aug 2021
Listed for Rent
$350/w
16 Sep 2015
  • 10 Aug 2021
    Sold for $675,000
  • 29 Jul 2021
    Listed for Sale $675,000
  • 01 Sep 2015
    Listed for Rent $350 / week
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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.