40 Richmond Avenue, Carrum Downs, VIC 3201 | Property Value & History | OnTheHouse
 
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40 Richmond Avenue
Carrum Downs VIC 3201

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 117m2
Land area: 664m2
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Property Details for 40 Richmond Ave, Carrum Downs

40 Richmond Ave, Carrum Downs is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1981. The property has a land size of 664m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1981
Floor Size
117m2
Land Size
664m2
Local Government
Frankston
Lot/Plan
863/LP126456

Last Listing description (July 2021)

A Tradies Dream! Calling on all first home buyers and investors! Whether you're looking for a home renovation project 40 Richmond Avenue is the one for you! Located in a quiet pocket in Carrum Downs, this 3 bedroom home gives you endless possibilities! Situated on a spacious block of approximately 664m2.

This original home offers 3 Bedrooms, 2 bathrooms and a substantially large backyard, perfect for that shed you've dreamt of building! Features include 2 Split systems, built in wardrobes in all bedrooms and gas wall heater.

With beautiful surrounds, walking distance to Botany Park Recreation Reserve, easy access to the Mornington-Peninsula freeway and just a short drive to essentials such as the local IGA, pharmacy & post office. If you're a builder or savvy investor searching for your next project, then look no further.

Opportunities like this are exceedingly rare to find.

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Property History for 40 Richmond Ave, Carrum Downs, VIC 3201

A timeline of how this property has performed in the market
Last Sold
$515,000
17 Oct 2020
  • 17 Oct 2020
    Sold for $515,000
  • 31 Aug 2020
    Listed for Sale $500,000-$545,000
  • 12 Nov 1981
    Sold for $40,450
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About Carrum Downs 3201

The size of Carrum Downs is approximately 20.2 square kilometres. It has 46 parks covering nearly 3.6% of total area. The population of Carrum Downs in 2016 was 20711 people. By 2021 the population was 21976 showing a population growth of 6.1% in the area during that time. The predominant age group in Carrum Downs is 30-39 years. Households in Carrum Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrum Downs work in a trades occupation.In 2021, 69.80% of the homes in Carrum Downs were owner-occupied compared with 67.90% in 2016.

Carrum Downs has 12,750 properties. Over the last 5 years, Houses in Carrum Downs have seen a 39.74% increase in median value, while Units have seen a 32.44% increase. As at 30 November 2025:

  • The median value for Houses in Carrum Downs is $841,275 while the median value for Units is $630,957.
  • Houses have a median rent of $580 while Units have a median rent of $530.
There are currently 11 properties listed for sale, and 11 properties listed for rent in Carrum downs on OnTheHouse. According to Cotality's data, 565 properties were sold in the past 12 months in Carrum downs.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. 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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