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VIC › Carrum › Nepean Hwy

676A Nepean Hwy, Carrum VIC 3197

For saleHouse for Sale

$2,070,000–$2,300,000

For sale

Asking range

4

Bedrooms

3

Bathrooms

3

Car spaces

298 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,070,000–$2,300,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,070,000–$2,300,000(Listing record · 27 May 2026)
  • CalculationAsk is 60% above the Carrum median recorded sale ($1,292,500, n=16, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Carrum's advertised median rent ($603/wk), implied gross yield would be 1.51% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$2,070,000–$2,300,000

Asking range · $6,946/m² of land

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.

See the full Carrum report →

Vs Carrum

+60.2%

Median sale

Suburb $1,292,500

-0.92 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.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,070,000
Stamp Duty (Victoria)
$114,550
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,191,864

$121,864 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

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.

Net yield
0.01%
Annual cashflow (pre-tax)
$-107,334
Interest cover (DSCR)
0.00
Annual rent
$31,356
Operating expenses
$31,050
Loan amount
$1,656,000
Annual interest
$107,640
Gross yield
1.51%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$2,070,000–$2,300,000available27 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.5%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Carrum in one glance

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.

See the full Carrum report →

Keep researching

  • Why Carrum? Read the area thesis →
  • What else is on the market in Carrum →
  • Other records on Nepean Hwy →

Listing material

Listed by Missell Property Group

An Extraordinary Newly Built 355m²* Bayside Home.

From the street, it is almost impossible to imagine just how much home awaits inside. Behind its contemporary yet understated façade is an extraordinary 355m²* residence, larger internally than the 298m²* allotment on which it stands, offering a remarkable level of space, separation and flexibility.

Newly built and perfectly positioned beachside of Nepean Highway in the heart of Carrum Beach, this is a home that genuinely must be experienced from within. Soaring ceilings, oversized rooms, four separate living zones and an expansive open-plan heart create proportions rarely found in a low-maintenance beachside residence.

Designed to accommodate every stage of life, the remarkably flexible floorplan features four oversized bedrooms, a dedicated home office or potential fifth bedroom, three bathrooms, including two ensuites, and an exceptional selection of separate living areas.

Read the full description

Whether you are accommodating a growing family, welcoming extended family members, working from home, entertaining on a grand scale or simply enjoying the luxury of having room to move, this residence delivers space in abundance.

At the heart of the home is the expansive open plan kitchen, dining and living area. Abundant natural light, impressive dimensions and quality finishes create an inviting environment for both everyday living and entertaining. The beautifully appointed kitchen features an oversized stone island, extensive cabinetry and generous preparation and storage space.

Multiple living zones provide the separation modern families desire, allowing everyone to enjoy their own space without feeling disconnected. The seamless connection between the indoor and outdoor living areas further enhances the home’s versatility, providing an ideal setting for relaxed gatherings and year-round entertaining.

For downsizers, this property presents the rare opportunity to retain the proportions and comfort of a substantial home without the burden of maintaining extensive gardens. Its low-maintenance surrounds and secure lock-and-leave design allow more time to enjoy the beach, local cafés and everything this sought-after coastal location has to offer.

Premium fixtures, quality craftsmanship and thoughtful design are evident throughout. Carrum Beach, shops, cafés, restaurants, schools and public transport are all moments away, delivering the best of both worlds: exceptional internal space combined with a relaxed and convenient coastal lifestyle.

Whether you are upsizing, accommodating multiple generations, downsizing without compromise or searching for a premium entertainer offering far more than its first impression suggests, this remarkable residence will genuinely surprise and impress.

Step inside and discover just how much home is waiting for you.

Contact Craig Missell on 0437 321 333 for further information or details of upcoming open for inspection times.

PLEASE NOTE

We highly recommend registering for inspections to avoid disappointment should an inspection be cancelled or its scheduled time change.

With the permission of the property owner, Missell Property Group reserves the right to refuse entry. A valid driver licence or passport will be required to gain entry to the property.

*Measurements are approximate.

Listing description written by Craig Missell, Missell Property Group — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ensuites: 2
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Grey Water System
  • Intercom
  • Living Areas: 4
  • Outdoor Entertaining
  • Pay TV
  • Remote Garage
  • Secure Parking
  • Solar Hot Water
  • Solar Panels
  • Study
  • Toilets: 4

Also look at

Also for sale in Carrum

  • 695 Nepean Hwy, Carrum VIC 3197

    4-bed house. Asking $3.4M–$3.7M.

    For sale
  • U5, 647-652 Nepean Hwy, Carrum VIC 3197

    3-bed unit. Asking $820K–$900K.

    For sale
  • 631 Nepean Hwy, Carrum VIC 3197

    3-bed townhouse for sale. Asking $1.4M–$1.5M.

    For sale
  • U1, 711 Nepean Hwy, Carrum VIC 3197

    3-bed townhouse. Currently listed.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.