2/34 Melaleuca Drive, Carrum VIC 3197

2/34 Melaleuca Drive, Carrum | 2-bed townhouse | walk to beach, river, village | flood overlay flagged. This townhouse positions a buyer within walking distance of Carrum Beach, the Patterson River, Roy Dore Reserve, and the village and station — a rare configuration for a compact 118 m² property. The two-bedroom, two-bathroom layout with a single garage suits downsizers, second-home buyers, or investors seeking a coastal foothold in a precinct where lifestyle amenity drives demand. Zoning for Carrum Primary and Patterson River Secondary College adds family appeal, while NBN and 5G support remote work. The price guide sits above recent estimated values, so a buyer should test vendor motivation through comparable sales in the immediate area. The flood overlay is the primary risk, potentially increasing insurance costs and limiting future renovation scope or resale pool. A bushfire overlay is inconsistently flagged and warrants independent verification. The 118 m² land size constraints expansion. The property previously sold at a lower figure in mid-2025, so the current uplift demands scrutiny of whether it reflects genuine market movement or an aspirational listing. For a buyer, this is best held as a lifestyle property or a steady rental at around $600 per week, not a land-bank play.