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This property has been sold on 6 Apr 2026
21 days on market
Market context at sale
Property overview
This 3-bedroom apartment at 1/628 Nepean Highway in Carrum, VIC 3197 sold in April 2026, with 2 bathrooms and parking for 6. It offers 197 m2 of internal living space. Carrum sits about 33 km from the CBD, where the median unit price is $830K. 18 schools sit within about 5km, and the area scores 54 for walkability and 94 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $1,780,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
21
Investment Score
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Carrum at a glance
Unit market signals | VIC 3197
Median
$830K
Market signals
To CBD
33 km
Est. Valuation
$1,123,855
Potential Sell Price
Est. Rent/wk
$804
Potential Gross Yield
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Key Highlights
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Total Cost to Purchase
- Purchase Price
- $1,780,000
- Stamp Duty (Victoria)
- $97,900
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,883,100
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3197
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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