Market snapshot

Suburb insights for Carrum3197

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Carrum 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
28 Melaleuca Dr, Carrum5PriceHouseAuction Sale4/07/2025Ray White ChelseaView

Sales data

Median sale price
$1.1mil
Quarterly price change
26%
Metro Melbourne Comparison
$924k
0.4%
BedroomsCarrumMetro comparison
2-$890,000
3$1,016,000$815,000
4$1,255,250$950,000
InsightCarrumMetro comparison
Clearance rate90.9%79.5%
Days on market56.539

Rental data

Median weekly rent
$620
Rental yield
3.1%
Metro Melbourne Comparison
$580
3.3%
BedroomsCarrumMetro comparison
2-$580
3-$550
4-$600
Median data for the current quarter
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