Carrum at a glance
4,490
People
$1,292,500
Median sale
$603/wk
Median rent
2.43%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
VIC › Carrum › Nepean Hwy
$1,400,000–$1,500,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,400,000–$1,500,000
Asking range
No recorded sale for this property.
Carrum at a glance
4,490
People
$1,292,500
Median sale
$603/wk
Median rent
2.43%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Carrum
+8.3%
Median sale
Suburb $1,292,500
-0.19 pp
Gross yield
Suburb 2.43%
Suburb median $1,292,500 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$84,080 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Carrum's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $603/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Carrum at a glance
4,490
People
$1,292,500
Median sale
$603/wk
Median rent
2.43%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Chelsea- Don't miss this rare beachside opportunity to secure either 1 or 2 shops and apartment above (3 income streams)
- Plans and permits approved for Carrum's largest roof top terrace
- Established frozen yoghurt business (5+ years with strong local following)
- Blue-chip location steps to Carrum beach and transport
Rare mixed-use freehold in a prime beachside position, metres from Carrum foreshore.
This fully renovated property offers the ultimate work/live/invest setup, with a high-exposure ground-floor commercial premises and a luxury three-bedroom town residence above ideal for owner-operators, entrepreneurs or investors seeking flexibility and multiple income streams.
The apartment features a private entry, generous proportions, high ceilings, quality finishes, split-system heating/cooling, fireplace, automatic blinds, heated tiled flooring and an expansive spa terrace. The designer kitchen includes premium appliances and a zip filtered/boiling water tap, while three bedrooms with built-in robes include a master with ensuite.
Downstairs is an approx. 52sqm fully renovated commercial space, currently operating as an established frozen yoghurt business and offered fully fitted with plant and equipment, plus training provided.
With prominent dual street frontage to Nepean Highway and Johnson Avenue, this is a standout opportunity in a tightly held coastal strip. Approved plans and permits for a future rooftop terrace add further upside.
For further information contact Ray White Chelsea Director Shane O'Sughrue on 0401 119 911.
Please note, photo identification will be required upon entry to the inspection.
Listing description written by Shane O'Sughrue, Ray White Chelsea — reproduced as published, not verified by Districts.
Also look at
695 Nepean Hwy, Carrum VIC 3197
4-bed house. Asking $3.4M–$3.7M.
U5, 647-652 Nepean Hwy, Carrum VIC 3197
3-bed unit. Asking $820K–$900K.
676A Nepean Hwy, Carrum VIC 3197
4-bed house for sale. Asking $2.07M–$2.3M.
U1, 711 Nepean Hwy, Carrum VIC 3197
3-bed townhouse. Currently listed.