Property investors who have had real estate in Carrum, 3197 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 18.03%
Taking the average capital gain, or increase in median house value, Carrum,3197 has racked up an average of 18.03% over the period. This ranks it number 546th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Carrum is giving property investors an average Vendor Discount of around -3.99%. This puts suburb at number 499th in VIC when ranking the most discounted suburbs.
Residents and property investors in Carrum have been waiting around 62.6 days to sell a property.
Renters in Suburb are facing rents around $4920 per annum or $410 every week.
Over the last year, property investments in Carrum, 3197 have given investors a capital gain of 6.55%. This compares favourably with the 3.11% for VIC as a whole.
Comparing Carrum,3197 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -4.82% to buyers in Carrum at the moment, which is less than average for the rest of VIC.