Thinking about buying in Carrum? Now could not be a better time, with 2967 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,237,000 with prices in this suburb ranging from $409,000 to $5,675,000. Carrum is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Carrum Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Carrum ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Carrum provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Carrum requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Carrum we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Carrum a better buying opportunity than it may have been in the past.

Houses for sale Carrum

	UNIT 1, 616 NEPEAN HWY, CARRUM, VIC, 3197	3	2	1	$880,000 - $960,000
	38 MELALEUCA DR, CARRUM, VIC, 3197	3	2	2	$650,000 - $690,000
	UNIT 5, 1 VALETTA ST, CARRUM, VIC, 3197	2	2	1	$785,000 - $845,000
	2 DYSON RD, CARRUM, VIC, 3197	5	3	2	$2,150,000 - $2,350,000
	536 STATION ST, CARRUM, VIC, 3197	3	1	2	For Sale $925,000 - $950,000
	43A MCLEOD RD, CARRUM, VIC, 3197	3	2	2	780000
	3 KALIMNA ST, CARRUM, VIC, 3197	3	1	2	930000
	UNIT 1, 5 MCLEOD RD, CARRUM, VIC, 3197	2	1	1	590000
	54A CHURCH RD, CARRUM, VIC, 3197	5	2	2	1070000

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General Points of Interest

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