How Much is My Home Worth in Carrum Downs?
The recent release of property prices on February 5, 2020, has the median price of a house in Carrum Downs at $537,000. A median-priced unit was found to be $425,500. The last year has seen the sale of 116 units and 281 houses. The average days on the market to sell a house is 45 days and for a unit, it is 59 days. The 12-month capital growth is -5.61% on houses and -1.94% for units. The average annual capital property growth for houses is 6.57% for houses and 5.22% for units in Carrum Downs. The Demand to Supply Ratio or DSR rating has homes as good and units or apartments as good. This is a good position for investors. Sellers do not have to wait long to receive a good offer for their property. There is a healthy demand for property in Carrum Downs.
House prices and rent returns in Carrum Downs.
- 2 bedroom home $472,500 Rent per week $355
- 3 bedroom home $523,000 Rent per week $370
- 4 bedroom home $600,000 Rent per week $440
Unit prices and rent returns in Carrum Downs.
- 2 bedroom unit $405,000 Rent per week $350
- 3 bedroom unit $450,000 Rent per week $383
The gross rental yield for houses is 3.77% and for units it is 4.47%
Free Real Estate Appraisal Carrum Downs
Do you want to know the value of your Carrum Downs home? Our sales agents are available to give you a free appraisal on your home or block of land. All our estimations are based on location to shops, schools, amenities and recent sales history.
Free Rental Appraisal Carrum Downs
Are you looking for a property manager for your newly purchased investment property in Carrum Downs? Or are you moving and want to lease your current home? We offer free rental appraisals on houses, units and apartments. We currently manage over 3500 properties in Melbourne. We build lasting relationships with homeowners and maximise their return on investment.
Suburb Profile Carrum Downs
Lifestyle in Carrum Downs
Carrum Downs is located 37 kilometres from the CBD of Melbourne. Its population is approximately 17,000. Its neighbours include Skye, Seaford, Frankston North and Sandhurst. The closest train station is in Seaford which runs on the Frankston line. The M3 motorway runs through the middle. Carrum Downs regional shopping centre is one of 3 shopping complexes available.
Schools in Carrum Downs
There are 3 schools in Carrum Downs.
- Carrum Downs Primary School Co-educational
- Carrum Downs Secondary College Co-educational
- Flinders Christian Community College Co-educational