House

Broderick Road, Carrum Downs VIC

Broderick Road, Carrum Downs, VIC 3201 is a well-maintained three-bedroom, two-bathroom home situated on a 340 m² block. Sold in March 2025 for $653,000, this property offers a compelling investment opportunity in a suburb experiencing steady growth and increasing demand.

purchase Price
$653,000
Purchase Date
May 2025
Sale type
Tender
Client Type
Investor
Deposit
$65,300
Beds, Baths, Cars
3, 2, 1
$72,000
Equity Increase
11%
Total Capital Growth
3.07%
Monthly Capital Growth
36.88%
Annual Capital Growth

Why This Property

Carrum Downs has demonstrated consistent capital growth, with a median house price of $740,000 and annual growth of 3.5%. The property's sale price of $653,000 positions it below the median, potentially allowing for immediate equity gain. The home features modern amenities and is located in a family-friendly area with access to schools, parks, and shopping centers, enhancing its appeal to potential tenants. Given the suburb's growth trajectory and the property's attributes, this purchase aligns well with long-term investment strategies.

About Carrum Downs

Located approximately 36 kilometres southeast of Melbourne’s CBD, Carrum Downs is a fast-growing, family-friendly suburb in the City of Frankston. Known for its leafy streets, accessible amenities, and strong community feel, the area offers a balanced lifestyle with a mix of established homes and modern developments. Carrum Downs is particularly popular with first home buyers, young families, and investors thanks to its affordability compared to neighbouring bayside suburbs, while still offering excellent access to schools, shopping centres, parks, and major transport routes including EastLink and the Peninsula Link. With ongoing infrastructure upgrades and a steadily rising property market, Carrum Downs continues to attract those seeking value, convenience, and long-term growth potential.

Local Government Area

City of Frankston

Todd Waugh

Buyers Agent
Director

Todd Waugh is a highly experienced and trusted Buyers Agent, known for his unwavering commitment to delivering smart, strategic property outcomes. With a calm and considered approach, Todd empowers his clients to make confident decisions across all stages of their property journey.

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