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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 $990,000 and this has changed 11.23% over the past year and changed 10.00% over 2 years.

The median rent in Carrum for houses is $630 per week and the median rental yield is 3.30%. Stock on the market for houses/townhouses has changed -7.69% compared to last year and the average time to sell a house/townhouse is 48 days.The median listing price for units is $680,000 and this has changed 7.93% over the past year. The average unit takes 41 days to sell and the median rent for a unit in Carrum is $525 per week, producing a rental yield of 4.01%.

Supply & Demand in Carrum, Kingston

0.90%

Current vacancy rate


20

Rental stock available


3,983

Population


28.34%

Rental population


0.73%

Current vacancy rate


518

Rental stock available


151,389

Population


22.80%

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, Kingston

  House Townhouses Units
Median listing price $990,000 $815,000 $680,000
Median price change - last quarter 0.50% -1.78% 0.36%
Median price change - 1 year 11.23% -10.44% 7.93%
Median price change - 2 years 10.00% 3.16% 7.93%
  House Townhouses Units
Median weekly rent $630 $695 $525
Median yield % 3.30% 4.43% 4.01%
Median rent change - 1 year 7.69% 11.20% 16.66%
  House Units
Previous month sales 4 2
Stock on market previous month 24 5
Stock variance vs. last year -7.69% 25.00%
Average days on market 48 41

Carrum investment property listings

Showing 5 of 57 investment properties found in Carrum on realestateinvestar.com.au

71 Whatley St, Carrum

$1,100,000

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Refined Family Living in a Connected Carrum location on 645m2 ap

Set behind a secure front fence with a roller sliding gate, this beautifully presented four-bedroom, two-bathroom home offers a refined sense of comfort in a highly convenient Carrum location. A clean neutral palette enhances the interiors, with engineered timber flooring flowing through the open ...

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House

VIC 3197


2/34 Melaleuca Dr, Carrum

$800,000

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Elevated Bayside Living with Architectural Edge

Delivering a refined bayside lifestyle just moments from Carrum Beach, this beautifully presented townhouse combines architectural design with effortless everyday living in one of Carrum's most connected pockets. Positioned within walking distance of Roy Dore Reserve, Patterson River, the boat ...

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Townhouse

VIC 3197


4/36 Melaleuca Dr, Carrum

$699,000

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Contemporary Three Level Residence with Multiple Balconies and C

Positioned in a well connected Carrum location, this three level residence offers functional living spaces, outdoor areas and convenient access to the coastline, local parks and transport. Entry to the home is via a secure front door on the ground level, where a tandem garage provides internal ...

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Townhouse

VIC 3197


631 Nepean Hwy, Carrum

$1,400,000

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A truly rare Beachside offering with mixed-use freehold

- Don't miss this rare beachside opportunity to secure either 1 or 2 shops and apartment above (3 income streams) - Plans and permits approved for Carrum's largest roof top terrace - Established frozen yoghurt business (5+ years with strong local following) - Blue-chip location steps to Carrum ...

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Townhouse

VIC 3197


21 Church Rd, Carrum

$1,280,000

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Spacious Family Living on a huge block of 920m2 (approx.) in Pri

Offering a wide frontage and set behind a secure front fence & gate, this well-appointed family residence on a huge block of 920m2 (approx.) offers spacious accommodation, flexible living spaces and an expansive backyard in a highly convenient Carrum location. Take advantage of this rare ...

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House

VIC 3197


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