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.
Recent sales and auction results in Carrum
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 31A Melaleuca Dr, Carrum | 4 |  | House (Res) | Auction Sale | 20/07/2024 | Ray White Chelsea | View |
| 695 Nepean Hwy, Carrum | 4 |  | House (Res) | Auction Sale | 20/07/2024 | Bio Real Estate Group |
Sales data
Median sale price
$1.1mil
Annual price change
6.5%
Metro Melbourne Comparison
$912k
-4.3%
| Bedrooms | Carrum | Metro comparison |
|---|---|---|
| 2 | - | $902,500 |
| 3 | $940,000 | $810,000 |
| 4 | - | $955,000 |
| Insight | Carrum | Metro comparison |
|---|---|---|
| Clearance rate | 70.6% | 73.8% |
| Days on market | 28 | 42 |
Rental data
Median weekly rent
$580
Rental yield
3%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Carrum | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | - | $540 |
| 4 | - | $580 |
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