Market snapshot
Suburb insights for Carrum3197
Change suburbCarrum is located 32 km south-east of the CBD. Carrum is small residential suburb located on Port Phillip Bay in Melbourne's outer south. The suburb has a small commercial area around the railway station. The population is generally comprised of older families but like a number of bayside areas Carrum has large numbers over the age of sixty. The population is generally Australian-born but also includes a significant number born in the United Kingdom and Ireland.
Sales data
Median sale price
$930k
Quarterly price change
-15.5%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Carrum | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $1,016,000 | $807,000 |
| 4 | - | $950,000 |
| Insight | Carrum | Metro comparison |
|---|---|---|
| Clearance rate | 84.6% | 72.6% |
| Days on market | 42 | 43 |
Rental data
Median weekly rent
$578
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Carrum | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | - | $550 |
| 4 | - | $600 |
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