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Investment Property Carrum Downs, VIC, 3201

Suburb Snapshot

Carrum Downs is a suburb in the Frankston Region of Victoria. Carrum Downs has a population of 20,708 people and 25.81% of its occupants live in rental accommodation. The median listing price for houses is $675,000 and this has changed 3.84% over the past year and changed 0.82% over 2 years.

The median rent in Carrum Downs for houses is $570 per week and the median rental yield is 4.39%. Stock on the market for houses/townhouses has changed -40.58% compared to last year and the average time to sell a house/townhouse is 37 days.The median listing price for units is $525,000 and this has changed 6.06% over the past year. The average unit takes 63 days to sell and the median rent for a unit in Carrum Downs is $475 per week, producing a rental yield of 4.70%.

Supply & Demand in Carrum Downs, Frankston

0.77%

Current vacancy rate


78

Rental stock available


20,708

Population


25.81%

Rental population


0.79%

Current vacancy rate


496

Rental stock available


134,142

Population


26.09%

Rental population


0.93%

Current vacancy rate


28,886

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 Downs, Frankston

  House Townhouses Units
Median listing price $675,000 $632,500 $525,000
Median price change - last quarter 2.27% 3.33% 4.50%
Median price change - 1 year 3.84% 5.41% 6.06%
Median price change - 2 years 0.82% 8.58% 5.00%
  House Townhouses Units
Median weekly rent $570 $560 $475
Median yield % 4.39% 4.60% 4.70%
Median rent change - 1 year 9.61% 7.69% 5.55%
  House Units
Previous month sales 24 10
Stock on market previous month 41 18
Stock variance vs. last year -40.58% -10.00%
Average days on market 37 63

Carrum Downs investment property listings

Showing 2 of 2 investment properties found in Carrum Downs on realestateinvestar.com.au

20 Luscombe Ave, Carrum Downs

$800,000

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Beautifully Composed Family Appeal

Framed by beautiful gardens with living spaces bathed in incredible natural light, this adaptable 4-bedroom, 2-lounge residence delivers a lifetime of memories and love, with the kind of easy family comfort that feels instantly inviting. Curated for connection, individual space, and mass ...

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House

VIC 3201


9/130 Cadles Rd, Carrum Downs

$650,000

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Space, Light, and a Life Well Lived

Defined by its exceptional space and exquisite attention to detail, this 3-bedroom unit embodies the contemporary lifestyle with poise and purpose, just moments from Local Village and Banyan Fields Primary. Natural light sweeps through warming interiors to shape spaces that are generous and ...

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Unit

VIC 3201


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