7/531 Station Street, Carrum VIC 3197

7/531 Station Street, Carrum VIC 3197
2-bedroom rear townhouse | 2023 build with energy features | walk to beach and station | boutique group of eight | single garage only This townhouse competes strongly on finish and efficiency within Carrum’s newer townhouse stock. The 2023 build, double-glazed windows, solar panels with battery, and EV charger place it ahead of most nearby recent builds in specification. The north-facing balcony and rear position within a small group give it a quieter, more private feel than front-facing or larger complex alternatives. It serves downsizers and professionals who want low-maintenance beachside living with walk-to-station convenience, and first-home buyers seeking a modern foothold in the suburb without the land cost of a detached house. The single garage and compact layout may limit appeal for families or those needing a second car space, which could narrow the buyer pool. The property’s value is tied to its new-build condition and energy features, so depreciation of these systems over time may affect resale. Being part of an eight-property complex means owners’ corporation fees and rules will influence holding costs and flexibility. The 2023 sale price of $715,000 provides a recent benchmark, but market shifts since then may mean its current value differs.
Detailed Independent Property Report prepared  by PropCred Analyst team for 7/531 Station Street, Carrum VIC 3197
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk
Income Risk ! 1
Execution Risk 2
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

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.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

947m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat