3/50 Kalimna Street, Carrum VIC 3197

3/50 Kalimna Street, Carrum VIC 3197
Steps from Carrum foreshore | modern three-bedroom townhouse | two-level design with garage | strong rental demand character This townhouse occupies a rare configuration edge in Carrum: a modern two-level design on a compact lot that avoids the compromises of older stock, while sitting within walking distance of the foreshore. For a buyer, that means low-maintenance coastal living without sacrificing space,three bedrooms, two bathrooms, and a garage,in a location that typically attracts owner-occupiers and downsizers who value proximity over land area. The absence of bushfire, flood, or heritage overlays removes common coastal friction points, and the zoning for Carrum Primary School and Patterson River Secondary College adds a practical layer for families. It suits first-time buyers seeking a foothold in a premium strip, or investors targeting a rental yield near $760 per week, where demand is supported by lifestyle amenity rather than speculation. The primary risk is pricing: the Domain estimate sits $110,000 below the Property.com.au mid-point, signalling that the market may not fully support the upper end of the listed range. That gap costs the buyer leverage in negotiation, and the property has been on market only two weeks,too early for price fatigue, but worth monitoring. The opportunity lies in the lack of recent comparable sales; a buyer who can secure near the lower estimate gains immediate equity in a tightly held pocket. Hold this property as a permanent residence or a long-term rental; its appeal will compound as coastal infill becomes scarcer.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/50 Kalimna Street, Carrum VIC 3197
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Market Insight:

Carrum is a vibrant bayside suburb offering beachside appeal. Demand is driven by a mix of families and owner-occupiers seeking its lifestyle. Recent market conditions show divergent trends, with house values demonstrating resilience while the unit segment has experienced some softening. Future growth is anchored in its coastal location, though the market’s performance remains sensitive to broader economic conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

234mยฒ

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