Property investors who have had real estate in Carrum Downs, 3201 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.44%
If we look at median property appreciation over just the last three months, Carrum Downs has given property investors a paper return of -2.00%. This puts Suburb as 512 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Carrum Downs is giving property investors an average Vendor Discount of around -7.03%. This puts suburb at number 249th in VIC when ranking the most discounted suburbs.
Residents and property investors in Carrum Downs have been waiting around 49.9673 days to sell a property.
Renters in Suburb are facing rents around $20150 per annum or $387.5 every week.
VIC has seen average median house prices change by 0.68% which means that Carrum Downs, 3201 has done well for property investors by showing a capital gain of -1.61% over the last year
Carrum Downs,3201 has offered an average of -1.61% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Carrum Downs are currently offering property investors an average price cut of -8.30% below the asking price at the moment.
Carrum Downs is 124th on a list of best yielding suburbs for rents in VIC with a 4.53% return