Carrum Suburb Profile
Victoria 3197

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Carrum has 2,496 properties. Over the last 5 years, Houses in Carrum have seen a 36.52% increase in median value, while Units have seen a 14.85% increase. As at 31 August 2024:

  • The median value for Houses in Carrum is $1,173,291 while the median value for Units is $777,954.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Carrum on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Carrum.

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.

Suburb Insights for CARRUM 3197

Market Insights
Carrum Trends for Houses
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Carrum Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 3,986

0-9

 

12%

10-19

 

9%

20-29

 

12%

30-39

 

16%

40-49

 

15%

50-59

 

13%

60-69

 

12%

70-79

 

7%

80-89

 

3%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 03/10/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.