At number 509th in the list of Australian suburbs ordered by increase in median house value over the last year, Carrum Downs, 3201 is in the top 20% with a property value increase of 14.40% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Carrum Downs comes in at number 270th in VIC.
Vendor discounting in Carrum Downs is giving property investors an average Vendor Discount of around -3.15%. This puts suburb at number 561th in VIC when ranking the most discounted suburbs.
With the median price for a house in Carrum Downs being $421000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.32%
Carrum Downs is in the TOP 30% in VIC when comparing median price capital growth over the last year. Carrum Downs gave property investors a good capital gain figure when compared to the rest of the state, with 7.94%.
Comparing Carrum Downs,3201 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Carrum Downs3201 is located in VIC which offers an average discount of -5.14% to property investors. Carrum Downs itself is showing figures that indicate -2.54% is the average achievable by property buyers investing in the suburb.