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 3.6% and has experienced a 12-month capital growth of Up 20.2%, with a median house buy price of $1,070,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$806,000
$1,100,500
$1,167,500
$1,070,000
Suburb Market Profile
Last month Carrum had 12 properties available for rent and 24 properties for sale. Median property prices over the last year range from $1,070,000 for houses to $860,000 for units. If you are looking for an investment property, consider houses in Carrum rent out for $738 PW with an annual rental yield of 3.6% and units rent for $605 PW with a rental yield of 3.7%. Carrum has seen an annual compound growth rate of 20.2% for houses and 10.5% for units.