Giving property investors a a stable capital gain of 12.53% for the last year, Carrum, 3197 is the 889th highest performer in Australia in this respect.
While Carrum,3197 ranked number 587th in VIC for increase in median house value (annualised) increase, it is ranked 377th over the last 5 years.
Sellers are offering property buyers an average discount of -2.53% to buyers in Carrum at the moment, which is less than average for the rest of VIC.
The VIC suburb of Carrum, 3197 is in the Kingston local government area.
Giving property investors a an average capital gain of 3.00% for the last year, Carrum, 3197 is the 944th highest performer in Australia in this respect.
Over the longer term, Carrum has seen property prices show investors a 24.10% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Carrum is $515000, with sellers offering an average of -3.52% off the asking price.
At number 377 in a list of fastest selling suburbs, Carrum is in the TOP 30% of suburbs in Australia with an average of days on market 54.85 for properties listed there.
Situated 32.56km from the CBD, Carrum is one of Kingston localities in the postcode 3197.