1/704 Nepean Highway, Carrum, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

1/704 Nepean Highway
Carrum VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1060m2
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Last updated 3 Aug 2026
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Property Details for 1/704 Nepean Hwy, Carrum

1/704 Nepean Hwy, Carrum is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1060m2.

Building Type
House
Land Size
1060m2
Local Government
Kingston

Last Listing description (June 2026)

Experience the ultimate bayside lifestyle in this beautifully presented, double-story Carrum residence. Offering a modern kitchen and an incredibly flexible floorplan, this premium three-bedroom home sits moments from the water. The large upper-level bedroom easily doubles as a second light-filled living area and has two stylish, fully renovated bathrooms on offer both upstairs and downstairs. Split-system heating and cooling, as well as further gas heating in the spacious downstairs living area. Being one of only two on the block means you can take in stunning vistas over Port Phillip Bay from your private second level balcony, relax in beautifully maintained, manicured outdoor surrounds, and enjoy your own secure, private pathway directly onto Carrums pristine beach.

This rare opportunity combines secure living with premium waterfront features in a highly sought-after Carrum pocket. Inspect by private appointment only and secure your slice of paradise.

Property History for 1/704 Nepean Hwy, Carrum, VIC 3197

A timeline of how this property has performed in the market
  • 16 Jun 2026
    Listed for Rent $1,200 / week
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About Carrum 3197

The size of Carrum is approximately 1.6 square kilometres. There are 6 parks, covering nearly 9.7% of the total area. The population of Carrum in 2016 was 3980 people. By 2021 the population was 4239 showing a population growth of 6.5% in the area during that time. The predominant age group in Carrum is 30-39 years. Households in Carrum are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrum work in a professional occupation.In 2021, 67.40% of the homes in Carrum were owner-occupied compared with 64.30% in 2016.

Carrum has 2,580 properties. Over the last 5 years, Houses in Carrum have seen a -2.21% decrease in median value, while Units have seen a 12.25% increase. As at 31 July 2026:

  • The median value for Houses in Carrum is $1,190,231 while the median value for Units is $864,098.
  • Houses have a median rent of $690 while Units have a median rent of $635.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Carrum on OnTheHouse. According to Cotality's data, 106 properties were sold in the past 12 months in Carrum.

Suburb Insights for Carrum 3197

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.