4 Melaleuca Drive, Carrum, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

4 Melaleuca Drive
Carrum VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 256m2
Land area: 612m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 29 Dec 2025
Low

High
Save

Property Details for 4 Melaleuca Dr, Carrum

4 Melaleuca Dr, Carrum is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 612m2 and floor size of 256m2. While the property is not currently for sale or for rent, it was last sold in February 2014.

Building Type
House
Year Built
2015
Floor Size
256m2
Land Size
612m2
Local Government
Kingston
Lot/Plan
18/LP61880

Last Listing description (February 2014)

AUCTION this SAT@11am..... Live in, Redevelop, renovate or Invest in this perfectly positioned unique and original 3 Bed riverside home with views over river and direct access to walkway. Situated on 762m2 of prime land that is suitable for a new home or develop into units (stca). While you are adding up the benefits and planning to capitalise, the home is suitable for rental income and don't overlook the existing value here.
With its in demand location it is only a couple of minutes' walk to beach , shops, The Cove and Patterson River Marina, take a look and you won't be disappointed..

Property History for 4 Melaleuca Dr, Carrum, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$626,000
22 Feb 2014
  • 22 Feb 2014
    Sold for $626,000
  • 30 Jan 2014
    Listed for Sale $560,000+
Commute Calculator

About Carrum 3197

The size of Carrum is approximately 1.6 square kilometres. It has 6 parks covering nearly 9.7% of 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 2,574 properties. Over the last 5 years, Houses in Carrum have seen a 32.86% increase in median value, while Units have seen a 32.92% increase. As at 30 November 2025:

  • The median value for Houses in Carrum is $1,242,170 while the median value for Units is $854,258.
  • Houses have a median rent of $620 while Units have a median rent of $650.
There are currently 5 properties listed for sale, and 1 property listed for rent in Carrum on OnTheHouse. According to Cotality's data, 126 properties were sold in the past 12 months in Carrum.

Suburb Insights for Carrum 3197

Market Insights
Carrum Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Carrum Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.