Carrum Downs, VIC 3201
Compare Part of Frankston
37.38 km
Distance from Melbourne CBD
16 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $295,000 | 0.0% | $27,550 | $745,000 | 365 |
| 2010 | $336,500 | +12.3% | $166,000 | $739,000 | 430 |
| 2011 | $345,000 | +2.5% | $92,000 | $780,000 | 284 |
| 2012 | $327,000 | -5.5% | $85,000 | $765,000 | 265 |
| 2013 | $325,000 | -0.6% | $168,000 | $615,000 | 360 |
| 2014 | $346,000 | +6.1% | $162,500 | $735,000 | 317 |
| 2015 | $370,000 | +6.5% | $267,000 | $3,725,000 | 284 |
| 2016 | $431,500 | +14.3% | $95,000 | $1,275,000 | 337 |
| 2017 | $530,000 | +18.6% | $151,500 | $1,000,000 | 336 |
| 2018 | $575,000 | +7.8% | $115,000 | $1,000,000 | 310 |
| 2019 | $540,000 | -6.5% | $380,000 | $987,000 | 287 |
| 2020 | $580,000 | +6.9% | $390,000 | $1,115,000 | 270 |
| 2021 | $675,000 | +14.1% | $446,000 | $1,700,000 | 326 |
| 2022 | $713,000 | +5.3% | $282,500 | $2,040,000 | 304 |
| 2023 | $690,500 | -3.3% | $430,000 | $1,070,000 | 270 |
| 2024 | $710,000 | +2.7% | $445,000 | $980,000 | 72 |
Median Sale Price
$698K
Based on 281 recorded sales within the last 12 months
Updated on 24 Apr 2024
Suburb Growth
-0.8%
Current Median Price: $698,000
Previous Median Price: $703,800
Based on 544 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $330 | 0.0% | $250 | $500 | 263 |
| 2012 | $330 | 0.0% | $250 | $1,560 | 291 |
| 2013 | $330 | 0.0% | $255 | $1,217 | 304 |
| 2014 | $340 | +2.9% | $270 | $1,344 | 209 |
| 2015 | $350 | +2.9% | $210 | $480 | 297 |
| 2016 | $360 | +2.8% | $250 | $1,390 | 297 |
| 2017 | $375 | +4.0% | $280 | $600 | 320 |
| 2018 | $390 | +3.8% | $1 | $1,825 | 296 |
| 2019 | $390 | 0.0% | $300 | $1,911 | 293 |
| 2020 | $390 | 0.0% | $313 | $810 | 210 |
| 2021 | $430 | +9.3% | $330 | $575 | 230 |
| 2022 | $460 | +6.5% | $350 | $680 | 252 |
| 2023 | $500 | +8.0% | $330 | $750 | 243 |
| 2024 | $550 | +9.1% | $350 | $695 | 58 |
Median Rent Price
$530
per week
Based on 217 recorded rent within the last 12 months
Updated on 24 Apr 2024
Rent Price Growth
+11.3%
Current Median Rent: $530
Previous Median Rent: $470
Based on 472 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $698,000
Current Median rent: $530
Based on 498 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Carrum Downs
Houses sold in Last 12 months ends 20 Apr 2024
$740K
Median Sale Price
79%
Clearance Rate
37/47
Sold/Reported
$1.25M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 1 | |
| $800 K - $1 M | 9 | |
| $600 K - $800 K (Median Price Range) | 19 | |
| $400 K - $600 K | 2 | |
Similar Suburbs to Carrum Downs 3201
Based on median house sale price sold in last 12 months
Schools closest to Carrum Downs, VIC 3201
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Joachim's Catholic Primary School | 25 BRODERICK RDCarrum Downs 3201 | Primary | Catholic | 0.56 km |
| Banyan Fields Primary School | 90 CADLES ROADCarrum Downs 3201 | Primary | Government | 0.74 km |
| Rowellyn Park Primary School | ROWELLYN AVENUECarrum Downs 3201 | Primary | Government | 0.77 km |
| Carrum Downs Secondary College | 263 MCCORMICKS ROADCarrum Downs 3201 | Secondary | Government | 1.23 km |
| Skye Primary School | 395 BALLARTO ROADSkye 3977 | Primary | Government | 2.32 km |