103/1165 Frankston-Dandenong Road, Carrum Downs VIC 3201

103/1165 Frankston-Dandenong Road, Carrum Downs VIC 3201
This is a 2-bedroom, 1-bathroom unit with one parking space, part of the Carrum Downs Retirement Village estate on a shared 28,073 m² site. It is priced between $360,000 and $380,000. This unit is competitively positioned as a low-maintenance, single-level retirement villa within a well-established village environment. Its strongest feature is the on-site bus stop, providing direct transport connectivity, which is a rare and practical advantage for residents who may no longer drive. The property serves the downsizer or retiree buyer seeking a secure, community-focused lifestyle without the burden of private garden upkeep. Within Carrum Downs, this unit represents a distinct segment of the market, offering an entry point into a managed estate that is typically more affordable than detached houses in the suburb. The flexible leasing structure further reinforces its appeal to those wanting simplicity and support without full ownership responsibilities. Several factors may materially affect the property’s value or sale price. The absence of a separate land title and private outdoor space could limit its appeal to buyers who prioritise autonomy or a garden. The estate’s rules on pets and renovations may also narrow the buyer pool. The property’s location within a retirement village, while a strength for its target market, might constrain demand from other buyer profiles. The build age and condition are not confirmed, so a buyer should verify the structure’s maintenance history and any ongoing body corporate fees, as these could influence long-term holding costs.
Detailed Independent Property Report prepared  by PropCred Analyst team for 103/1165 Frankston-Dandenong Road, Carrum Downs VIC 3201
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk 2
Income Risk
Execution Risk 2
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Market Insight

Carrum Downs is an established, affordable family suburb offering a mix of housing, supported by growing infrastructure and excellent transport links. Demand is driven by local trades and families seeking value, evidenced by exceptionally fast sales and strong recent price growth. This tight market faces constraints from limited supply and potential sensitivity to interest rates given high mortgage ownership.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

2.81 ha

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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