CARRUM 3197
State: VICPosiProp AI Investment Summary
CARRUM (VIC 3197) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.1% and has experienced a 12-month capital growth of Up 3.2%, with a median house buy price of $1,047,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$725,000
$1,020,000
$1,382,500
$1,047,500
Suburb Market Profile
Last month Carrum had 15 properties available for rent and 20 properties for sale. Median property prices over the last year range from $1,047,500 for houses to $860,000 for units. If you are looking for an investment property, consider houses in Carrum rent out for $720 PW with an annual rental yield of 4.1% and units rent for $650 PW with a rental yield of 4.1%. Carrum has seen an annual compound growth rate of 3.2% for houses and 8.2% for units.
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