Over the last year, property investments in Carrum, 3197 have given investors a capital gain of 14.85%. This compares very favourably with the 8.12% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Carrum,3197 has racked up an average of 14.85% over the period. This ranks it number 666th in the whole country for real estate investors looking at median house price increases.
Carrum3197 is located in VIC which offers an average discount of -6.00% to property investors. Carrum itself is showing figures that indicate -3.99% is the average achievable by property buyers investing in the suburb.
At number 935 in a list of fastest selling suburbs, Carrum is in the TOP 30% of suburbs in Australia with an average of days on market 61.1 for properties listed there.
With the median price for a house in Carrum being $707500 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.09%
Carrum, 3197 ranked 103th in VIC when comparing growth in median property values or capital gain over the last 12 months. Carrum is one of 2098 in our list for VIC
Taking the average capital gain, or increase in median house value, Carrum,3197 has racked up an average of 8.00% over the period. This ranks it number 653th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Carrum, 3197. Typically our figures indicate that -1.68% is being offered, which puts this VIC suburb at 1448th most discounted overall in Australia.
In the last year 71 properties changed hands in Carrum, which puts it as the 123th most active market in VIC when comparing the number of sales per suburb.
Carrum is 264th on a list of best yielding suburbs for rents in VIC with a 3.71% return