5/10-12 Myola Street

Carrum VIC 3197

The size of Carrum is approximately 1.6 square kilometres. It has 6 parks covering nearly 9.7% of total area. The population of Carrum in 2011 was 3,602 people. By 2016 the population was 3,986 showing a population growth of 10.7% in the area during that time. The predominant age group in Carrum is 30-39 years. Households in Carrum are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrum work in a professional occupation. In 2011, 63.2% of the homes in Carrum were owner-occupied compared with 64.3% in 2016.

Carrum has 2,485 properties. Over the last 5 years, Houses in Carrum have seen a 32.48% increase in median value, while Units have seen a 16.46% increase. As at 31 October 2024:

• The median value for Houses in Carrum is $1,158,271 while the median value for Units is $798,394.
• Houses have a median rent of $628 while Units have a median rent of $595.