695 Nepean Highway, Carrum, VIC 3197 | Property Value & History | OnTheHouse
 
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695 Nepean Highway
Carrum VIC 3197

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 990m2
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Last updated 8 Sep 2025
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Property Details for 695 Nepean Hwy, Carrum

Building Type
Land
Land Size
990m2
Local Government
Kingston
Lot/Plan
1/TP678497

Last Listing description (October 2024)

Eagerly awaiting a lavish architectural vision, this waterfront allotment of approximately 990sqm delivers the epitome of coastal opulence with its premium Port Phillip Bay frontage. With breath taking vistas that stretch across the water to Geelong and Melbourne city skyline, design the dream or develop (multi-dwelling potential) with a backdrop of mesmerising natural beauty (STCA).

Boasting an extraordinary opportunity with the option for multi-dwelling development potential, it stands among house-proud neighbours with an address of complete convenience. Presented only a short walk from Carrum Primary School and Train Station, with its own private beach frontage, this complete lifestyle package awaits an exciting future for those with a creative mind.

- A premium allotment of approximately 990sqm

- A convenient address perfect for those with a city commute
- Beachfront position, only paces from Carrum Train Station and shops
- Ready to be reimagined with unlimited potential including multi-dwelling development (STCA)
- Mesmerising Port Phillip Bay aspects towards Geelong and Melbourne CBD
- Ready to be cleared and rebuilt with architectural flair
- Create the vision and design the family dream
- Well-placed for both premium family living and beneficial re-sale

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Property History for 695 Nepean Hwy, Carrum, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$3,320,000
20 Jul 2024
  • 20 Jul 2024
    Sold for $3,320,000
  • 21 Jun 2024
    Listed for Sale $2,100,0000 - $2,300,000
  • 01 Jun 1988
    Sold for $327,000
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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 30.41% increase in median value, while Units have seen a 28.88% increase. As at 31 December 2025:

  • The median value for Houses in Carrum is $1,304,521 while the median value for Units is $864,526.
  • Houses have a median rent of $620 while Units have a median rent of $650.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Carrum on OnTheHouse. According to Cotality's data, 126 properties were sold in the past 12 months in Carrum.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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