Market snapshot
Suburb insights for Carrum Downs3201
Change suburbCarrum Downs is located 36 km south-east of the CBD. Carrum Downs has been one of the fastest growing new suburbs in Melbourne over the last twenty years. It has been one of the major areas of new residential development in Melbourne's fringe southern suburbs. The population is dominated by families with large numbers in the 0-14 and 25-39 age groups. The suburb also features the Botany Park Shopping Centre and the large Brotherhood of St Laurence Settlement.
Sales data
Median sale price
$715k
Quarterly price change
1.8%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Carrum Downs | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $685,000 | $807,000 |
| 4 | $770,000 | $950,000 |
| Insight | Carrum Downs | Metro comparison |
|---|---|---|
| Clearance rate | 72.6% | |
| Days on market | 20 | 43 |
Rental data
Median weekly rent
$550
Rental yield
4.1%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Carrum Downs | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $545 | $550 |
| 4 | $650 | $600 |
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