Carrum, 3197 ranked 208th 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
Comparing Carrum,3197 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Carrum is giving property investors an average Vendor Discount of around -7.72%. This puts suburb at number 82th in VIC when ranking the most discounted suburbs.
VIC has seen average median house prices change by 5.66% which means that Carrum, 3197 has done well for property investors by showing a capital gain of 15.46% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Carrum comes in at number 69th in VIC.
Property investors looking for a bargain in Carrum should be aiming for at least -10.96% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 6.58 sales per month, which equates to 79 per year.
Carrum, 3197’s gross rental yield is 3.57%