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Investment Property Carrum, VIC, 3197

Suburb Snapshot

Carrum is a suburb in the Kingston Region of Victoria. Carrum has a population of 3,983 people and 28.34% of its occupants live in rental accommodation. The median listing price for houses is $880,000 and this has changed -2.23% over the past year and changed -5.38% over 2 years.

The median rent in Carrum for houses is $590 per week and the median rental yield is 3.48%. Stock on the market for houses/townhouses has changed -4.35% compared to last year and the average time to sell a house/townhouse is 37 days.The median listing price for units is $625,000 and this has changed -0.80% over the past year. The average unit takes 46 days to sell and the median rent for a unit in Carrum is $450 per week, producing a rental yield of 3.74%.

Supply & Demand in Carrum, Kingston

1.05%

Current vacancy rate


23

Rental stock available


3,983

Population


28.34%

Rental population


0.68%

Current vacancy rate


476

Rental stock available


151,389

Population


22.80%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Carrum, Kingston

  House Townhouses Units
Median listing price $880,000 $880,000 $625,000
Median price change - last quarter 4.76% -2.23% 4.16%
Median price change - 1 year -2.23% 11.39% -0.80%
Median price change - 2 years -5.38% 4.76% 4.16%
  House Townhouses Units
Median weekly rent $590 $625 $450
Median yield % 3.48% 3.69% 3.74%
Median rent change - 1 year 18.00% 19.04% 0.00%
  House Units
Previous month sales 3 0
Stock on market previous month 22 4
Stock variance vs. last year -4.35% -20.00%
Average days on market 37 46

Carrum investment property listings

Showing 5 of 26 investment properties found in Carrum on realestateinvestar.com.au

4/7 Graham Rd, Carrum

$650,000

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Comfortable and Convenient in Carrum

Here presents an exquisite opportunity to acquire a sophisticated, low-maintenance villa nestled in the vibrant heart of Carrum. Positioned with utmost convenience, this near-new abode is a mere stone's throw away from an array of esteemed schools, bus and train stations, and within strolling ...

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Unit

VIC 3197


1/21 Stanley St, Carrum

$1,050,000

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Contemporary Riverside Living

Nestled in the highly desirable riverside pocket of Carrum, this modern townhouse epitomizes contemporary living. With its sleek design and low-maintenance appeal, this residence offers convenience and style. Boasting an electric double garage with both internal and rear yard access, along with an ...

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Townhouse

VIC 3197


25A Eel Race Rd, Carrum

$880,000

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Brand New Contemporary Class in Serene Coastal Enclave

Beautifully crafted by leading local builder Patterson Homes, this brand new contemporary 4 bedroom, 2.5 bathroom residence will make a striking first impression. Perched directly across from the tranquil beauty of Kananook Creek and in walking distance to the beach, this family-sized sanctuary is ...

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Townhouse

VIC 3197


54A Church Rd, Carrum

$1,070,000

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Stylish, Flexible Family Spaces with Dual Occupancy Appeal

Secluded behind a private high fence, this coastal inspired five-bedroom entertainer offers outstanding family living in this prized pocket. Stylishly refreshed and surrounded by beautiful professionally landscaped gardens, it's the clever design that makes this home really shine. Discover a ...

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House

VIC 3197


2/8 Canberra St, Carrum

$1,100,000

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Spacious & Perfectly Designed with 2 Masters & Dual Living

This substantial three bedroom, 2 living, 3.5 bathroom townhouse, with a 6 star energy rating, offers stylish and spacious accommodation in popular beachside Carrum. Only 3 years young, be spoilt with a choice of masters on each level and dual living with large living spaces on both levels ...

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Townhouse

VIC 3197


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