5/492-494 Station 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 2,484 properties. Over the last 5 years, Houses in Carrum have seen a 28.27% increase in median value, while Units have seen a 15.90% increase. As at 30 September 2024:

• The median value for Houses in Carrum is $1,123,003 while the median value for Units is $789,479.
• Houses have a median rent of $605 while Units have a median rent of $583.