Carrum is in Kingston (Vic.) LGA, VIC, postcode 3197, with population 4,239.
The page has enough signal to be useful, but the story is mixed rather than decisive. Use compare mode to pressure-test it against stronger nearby options, then use the calculator if it still makes the shortlist.
Transport coverage adds a practical access signal.
Gross yield looks low for an income-first use case.
Houses to 2024 · Units to 2025 — house and unit medians are released on separate cycles, so their latest period can differ.
Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection.
Owners with a mortgage repay a median of $2,069/mo, while renters pay about $2,687/mo — renting runs $618/mo higher on these medians.
LGA-level official projection (Victoria in Future 2023, DTP). Indicative of the wider council area, not a suburb-level forecast.
1 of 1 schools here operate published enrolment zones (catchments). Zone boundaries set eligibility — check the official source for the exact catchment. Not enrolment advice.
Located in Victoria within the Kingston (Vic.) local government area, Carrum is a compact suburb (postcode 3197). With a population of 4,239, the suburb has an established demographic with a median age of 40. Households earn a median income of $90K per year, with an average household size of 2.3 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
The median house price in Carrum is $1.0 million, having ticked up by 1% over the past year. Units have a median price of $800,000 (+4.9% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,069.
Carrum is served by 1 school, including 1 primary. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 6 rail stations, 22 bus stops. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.1%, which reads as moderate yield. Property prices are near the state median ($1.0M/$875K). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +1.0% year-on-year.
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Carrum has enough direct local evidence for a first-pass decision.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
DataVic-discovered annual suburb price workbooks parsed into suburb prices. Quarterly VIC resources are discovered and cached, but not yet used as current-price anchors.
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Carrum is in the Kingston (Vic.) Local Government Area, VIC, postcode 3197. Council-level context for Kingston (Vic.) LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
The current median house price in Carrum, VIC is $1.0M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
The median weekly rent in Carrum is $620/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.
Income-stretched rent market: Weekly rent screens at about 50% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
QuickProperty's investment signals for Carrum show: Moderate Yield, Near Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.