Located 48 kms from Melbourne's CBD, Carrum Downs offers a solid combination of residential living with access to modern amenities and transport links. With decent rental yields at a reasonable price point, the area is in demand, with buyers offering premium prices due to competition.
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Median Price / Capital Growth - $746,650, has seen 6.32% annual compound growth in the last 10 years.
Rental Yield - 4.45%
Population - 21,970
Vacancy Rate - 1.09%
Vendor Discount Rate - -8.13% (house selling at premium of 8.13% above listed prices)
