Is CARRUM a good suburb for positive geared property investment in Australia?

CARRUM in VIC currently features property rental yields up to 4.1% with a 12-month capital growth value of Up 8.9%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in CARRUM 3197?

The median house price in CARRUM 3197 is approximately $1,100,000 based on the latest tracked market indices.

Investment Spotlight • Australia

CARRUM 3197

State: VIC

Updated: 6 August 2026

PosiProp 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 8.9%, with a median house buy price of $1,100,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$781,000

Down -18.0% 4.0% Yield

3 house • buy

$1,047,500

Up 7.4% 4.1% Yield

4 house • buy

$1,377,500

Up 18.8% 3.9% Yield

all house • buy

$1,100,000

Up 8.9% 4.1% Yield

Suburb Market Profile

Last month Carrum had 16 properties available for rent and 15 properties for sale. Median property prices over the last year range from $1,100,000 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 4.2%. Carrum has seen an annual compound growth rate of 8.9% for houses and 12.4% for units.

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