706 Nepean Highway, Carrum, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

706 Nepean Highway
Carrum VIC 3197

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 394m2
Land area: 1093m2
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Last updated 15 Dec 2025
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Property Details for 706 Nepean Hwy, Carrum

706 Nepean Hwy, Carrum is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1093m2 and floor size of 394m2. While the property is not currently for sale or for rent, it was last transferred in February 2019.

Building Type
House
Year Built
1950
Floor Size
394m2
Land Size
1093m2
Local Government
Kingston
Lot/Plan
1/TP609561

Last Listing description (January 2008)

Grand land & flexible terms - Developers take note
Fronting one of the most private and unspoiled stretches of the Bay, this approximately over 11,000sqft / 1,091sqm property is ready to take part in the beachside renaissance. Surrounded by luxury homes and suitable for multi-unit development (Subject to Council Approval), this generous parcel of land currently holds a comfortable and already tenanted brick home. Ready to pay its way while you plan, this flexible property is also offered with the option of a long settlement to suit your financing needs. So step out onto the sand, experience the privacy, pace out the beach frontage... and start negotiating.
Approx 11,000sqft / 1,091sqm beachfront property

Readily rentable brick home
Private & pristine stretch of beach
Flexible settlement terms

Property History for 706 Nepean Hwy, Carrum, VIC 3197

A timeline of how this property has performed in the market
Last Transferred
05 Feb 2019
Listed for Rent
$650/w
23 Jan 2007
  • 05 Feb 2019
    Transferred
  • 12 Nov 2007
    Sold for $1,900,000
  • 01 Sep 2007
    Listed for Sale P.O.A
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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 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 8 properties listed for sale, and 1 property listed for rent in Carrum on OnTheHouse. According to Cotality's data, 124 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.