5/36 Hall Road, Carrum Downs$622,500
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For Saleapartment

5/36 Hall Road

Carrum Downs, VIC 3201, Australia
$595,000 – $650,000
3 bed 2 bath 2 car230 m²

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About this property

Quietly positioned to the rear of an established and tightly held complex just moments from Hall Road, this spacious and well-designed residence delivers the ideal combination of comfort, functionality and investment performance in one of Carrum Downs' most consistently demanded pockets. Offering generous proportions rarely seen in modern unit developments, the home features a highly practical floorplan comprising three well-sized bedrooms, two bathrooms, multiple living zones and a double garage - making it an appealing option for investors, owner-occupiers and growing families alike. The heart of the home centres around a spacious open-plan kitchen and dining domain, complete with gas cooking, dishwasher and ample storage, all flowing effortlessly through to a private, low-maintenance courtyard designed for easy everyday living and relaxed entertaining. A separate zoned lounge provides valuable additional living space and flexibility, ideal for family separation, shared accommodation or those simply seeking multiple living areas - a feature increasingly sought after by both owner-occupiers and tenants in the current market. Currently leased on a month-to-month basis at $2,346 per month ($540 per week), the property presents immediate holding income together with excellent flexibility moving forward. Investors may choose to retain the current tenancy, whilst the estimated market rental return of approximately $550$560 per week highlights clear future rental upside. Positioned within walking distance to Carrum Downs Shopping Centre, the Bunnings retail precinct, public transport and key local amenities, the location continues to demonstrate strong long-term appeal and consistent tenant demand. Key Features 3 spacious bedrooms 2 bathrooms Double remote garage Multiple living zones including separate lounge Open-plan kitchen and dining area Gas cooking, dishwasher & ample storage Split-system heating & cooling Private, low-maintenance courtyard Quiet rear position within the complex Generous proportions throughout Investment Snapshot Currently leased at $2,346 per month Month-to-month tenancy in place Estimated market rent: $550$560 per week Immediate rental income with future upside Strong tenant demand in a proven growth corridor Whether you are searching for a quality long-term investment, a spacious low-maintenance home or an opportunity to capitalise on future rental growth, this impressive residence represents exceptional value in a location that continues to perform.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
2
Land Area
230 m²
Listed
1 month ago

Repayment calculator

$3,018/month
$1,509 /fortnight
Loan $498,000 at 6.10% over 30 years

Upfront costs

Deposit$124,500
Stamp duty$32,420
Conveyancing (est.)$2,000
Total upfront$158,920
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Carrum Downs

This 3-bedroom apartment in Carrum Downs, VIC 3201 sits within reach of public transport, local shops and nearby schools. It is listed 15% below the $735,000 median of 58 comparable apartmentswithin 5 km.

Schools near Carrum Downs

  • Flinders Christian Community College - Carrum Downs Campuscombined
  • Banyan Fields Primary Schoolprimary · Prep-6 · CoEd
  • Rowellyn Park Primary Schoolprimary · Prep-6 · CoEd
  • St Joachim's Schoolprimary · Prep-6 · CoEd
  • Carrum Downs Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Hall Road/Frankston-Dandenong Road (bus)430 m away
  • Funtopia490 m away
  • Laurel Crescent Reserve133 m away
  • Cicada Court Reserve239 m away
  • Lavender Hills Reserve318 m away

Carrum Downs at a glance

Full suburb profile
Population
21,976
Median age
36
Household income
$1,658/wk
Median rent
$370/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Carrum Downs price trend

Median sold · Unit 3 bed

Compound growth +1.0% / yr over 4 yrs

$650kcurrent median

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Full Carrum Downs market

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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