At number 845th in the list of Australian suburbs ordered by increase in median house value over the last year, Carrum Downs, 3201 is in the top 30% with a property value increase of 12.03% recorded in median house prices.
Comparing Carrum Downs,3201 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Downs, 3201. Typically our figures indicate that -3.04% is being offered, which puts this VIC suburb at 3538th most discounted overall in Australia.
Residents and property investors in Carrum Downs have been waiting around 30 days to sell a property.
Advertised rents are around the $350 mark per week – giving a return of 4.55% based on the median price in Suburb
Carrum Downs has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 6.45% to date .
If we look at median property appreciation over just the last three months, Carrum Downs has given property investors a paper return of 0.00%. This puts Suburb as 189 on a list of fastest fasting appreciating suburbs in VIC
At number 300th of VIC’s most discounted properties, Carrum Downs is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Carrum Downs have been waiting around 45.84 days to sell a property.
Property investors should expect to get $325 weekly from the median priced house in this suburb.