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Carrum Downs

POSTAL CODE: VIC, 3201
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Property investments in CARRUM DOWNS did not fare well against the rest of the country last year, registering a median home price decrease of 11.89%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains CARRUM DOWNS, 3201 saw average growth in the long term.

Real estate investors could earn a rental income of $590 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 15.1 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $800,000.

CARRUM DOWNS ranks 213th on the list of best yielding suburbs for rental properties in VIC, posting a 3.84% return.

Surburb overview

Carrum Downs is a suburb in Melbourne, located about 36 kilometres south-east of the central business district within the City of Frankston. It lies inland from the Port Phillip coastline and has developed as a predominantly residential and industrial area, supporting both local employment and suburban living.

The suburb has a population of approximately 21,000 residents, with a demographic profile that includes families, young couples and a growing number of first-home buyers. Housing in Carrum Downs is largely composed of detached dwellings built from the late 20th century onwards, along with newer townhouse developments reflecting ongoing medium-density growth.

Public transport in Carrum Downs is primarily bus-based, with routes connecting residents to nearby rail services at Carrum and Frankston railway stations on the Frankston line. Road connectivity is supported by major arterials such as Frankston–Dandenong Road and EastLink, facilitating access to both central Melbourne and the broader south-east region.

The suburb includes a significant industrial precinct that provides local employment opportunities and contributes to its economic role in the area. Retail and commercial activity is centred around Carrum Downs Shopping Centre and surrounding strips, offering supermarkets, services and dining options.

Carrum Downs has access to a range of parks, reserves and sporting facilities, supporting community recreation. The suburb is also within reach of natural assets such as the Edithvale-Seaford Wetlands, which provide environmental value and walking trails. Nearby coastal areas, including Seaford and Carrum beaches, are accessible by road for additional recreational opportunities.

Development in Carrum Downs has been shaped by suburban expansion and industrial planning, with ongoing growth focused on housing diversity, infrastructure provision and local employment opportunities.

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