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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 5 of 80 investment properties found in Carrum Downs on realestateinvestar.com.au

10 Earnshaw Dr, Carrum Downs

$770,000

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Big Shed, Corner Block, Endless Potential

Positioned on a generous 579m² corner allotment, this well-appointed home delivers the perfect blend of comfort, space and functionality for modern living. Offering three spacious bedrooms, two bathrooms and a dedicated study, the layout is ideal for families, professionals working from home or ...

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VIC 3201


7 Raquel Cl, Carrum Downs

$795,000

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Grand in Scale, Grounded in Comfort

Surprising in scale yet so very functional by design, this 4-bedroom, 2-lounge, plus study home on a vast 698 sq. metre (approx.) allotment matches its classic origins and character with the family comforts of the modern day, offering magnificent indoor-outdoor living with a true sense of ...

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House

VIC 3201


7 Pitta Pl, Carrum Downs

$795,000

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Space, Warmth & Room to Grow

Unfolding with a warmth and spaciousness that makes an immediate impression, this 3-bedroom, 2-lounge home presents a warm, wide, and seriously impressive lifestyle in a tightly-held court locale just metres from the heart of town. Across a substantial 795 sq. metre (approx.) allotment with ...

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House

VIC 3201


3 Burberry Ct, Carrum Downs

$840,000

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Flawlessly Renovated, Perfectly Positioned!

Showcasing so much more than you would have expected, this beautifully renovated 4-bedroom, 2-bathroom, plus study home delivers family living that feels so complete from the moment you arrive. Spread across a substantial 722 sq. metre (approx.) courtside allotment, its renovation has been ...

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VIC 3201


7 Bowerbird Pl, Carrum Downs

$835,000

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Immaculate Central Appeal on a Huge Lot

There's a warmth to this 3-bedroom, 2-lounge home that settles over you from the moment you arrive, putting everything in the right place with room to gather or relax, plus the undeniable scope to add your own personalised touch. Set across a significant 722 sq. metre (approx.) allotment within a ...

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VIC 3201


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