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Unit 5,
711 NEPEAN HIGHWAY Carrum VIC 3197

This property is Off Market

All about Carrum Homes for sale in Carrum


  • The Average property price in this area is $1,314,327, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.13 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Carrum - Patterson Lakes

With an average age of 51, households expect an average monthly mortgage payment of $2,016 or a weekly rent payment of $475. The average family earns a weekly income of $2,083 with a typical household size of 2 and a 98.56% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Carrum ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Carrum provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Carrum requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Carrum we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Carrum a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 1%)

Are people healthy?

There are a recorded 1609 asthma sufferers and 546 people living with diabetes. In addition, 661 people have a heart/vascular condition and 1158 people live with three or more chronic diseases.

A good place to invest in property?

Carrum - Patterson Lakes a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

62 / 100

52 / 100

Industry

15 / 100

17 / 100

Population

44 / 100

32 / 100

House Prices

62 / 100

70 / 100

Jobs

39 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Patterson River Secondary College Carrum Primary School
  • Belvedere Park Primary School

    Seaford, VIC, 3198 State Prep-6

  • St Joseph's School

    Chelsea, VIC, 3196 Independent Prep-6

  • Carrum Primary School

    Carrum, VIC, 3197 State Prep-6

  • Patterson River Secondary College

    Seaford, VIC, 3198 State 7-12

  • Seaford North Primary School

    Seaford, VIC, 3198 State Prep-6

  • Seaford Primary School

    Seaford, VIC, 3198 State Prep-6


Property Story

Unit 5, 711 Nepean Highway, Carrum, Vic, 3197 is a residential property . The estimated distance to the sea is only 0.13km and 0.39KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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