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City of Frankston
Carrum Downs

Carrum Downs Property Market
& Suburb Profile

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MEDIAN PRICES IN CARRUM DOWNS

Median house price

(all agencies, last 12 months)$750k*

House price change

(all agencies, last 12 months)+6.84%

Median unit price

(all agencies, last 12 months)$590k*

Unit price change

(all agencies, last 12 months)+5.83%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

CARRUM DOWNS PRICE TRACKER

HousesUnits

CARRUM DOWNS SALES OVERVIEW

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)14

Average days on market (units)

(all agencies, 12 months)18

Average held period in Carrum Downs

(proptrack)11 years

CARRUM DOWNS INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$581pw

House rental price change

(all agencies, last 12 months)0.02%

Median rental price for Units

(all agencies, last 12 months)$520pw

Unit rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)3.82%

Average rental yield for Units

(all agencies, last 12 months)4.58%

Carrum Downs total population size

(as at the last census)21,976

Median household size in Carrum Downs

(as at the last census)2.5

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

CARRUM DOWNS PROPERTY TYPES

  • Houses 52%
  • Units 15%
  • Other 33%

OCCUPANCY IN CARRUM DOWNS

  • Owned 70%
  • Rented 27%
  • Other/Not Stated 3%
  • Singles 27%
  • Families 70%
  • Other 3%

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ABOUT CARRUM DOWNS

Carrum Downs is a highly self-sufficient and rapidly modernising residential suburb located approximately 36 kilometres south-east of the Melbourne CBD, offering an attractive, amenity-rich lifestyle positioned conveniently near the bay.

Residents benefit immensely from the suburb’s exceptional retail infrastructure, which is served by three distinct shopping precincts, including the central Carrum Downs Regional Shopping Centre with major retailers like Kmart and Woolworths, the Local Village anchored by an IGA, and another precinct featuring a Coles supermarket, collectively providing a comprehensive array of banking, medical, dining, and specialty services.

The local lifestyle is strongly family-focused, supported by four local preschools and a wide range of educational institutions, including the public Rowellyn Park Primary and Carrum Downs Secondary College, alongside the private Flinders Christian College and St Joachim's Primary, with tertiary options available at the Monash University Peninsula campus in nearby Frankston.

Recreational needs are well-catered for by numerous public parks, reserves, sporting ovals, and a skate park, encouraging active outdoor life. Connectivity is a major asset for the area, with local bus routes and a SmartBus service providing links to Frankston and the airport, while drivers have exceptional access to major arterial roads, including the Western Port Highway for a direct route to the city via the Monash Freeway, with the Nepean Highway, Frankston Freeway, and Eastlink also easily accessible, positioning the suburb perfectly for seamless regional travel.

Education

Banyan Fields Primary School
Carrum Downs Secondary College
Rowellyn Park Primary School
St Joachim's School
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SALES COMPARISON

Find out how Carrum Downs median sales prices compare to neighbouring suburbs.

CARRUM DOWNS MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025486$670,0006.84%461$551pw4.20%
2024473$633,6252.88%389$542pw4.50%
2023448$611,290-1.79%409$503pw4.24%
2022555$628,3756.56%418$449pw3.88%
2021615$594,72114.42%413$409pw3.46%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025486$670,000+6.84%
2024473$633,625+2.88%
2023448$611,290-1.79%
2022555$628,375+6.56%
2021615$594,721+14.42%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025461$551pw4.20%
2024389$542pw4.50%
2023409$503pw4.24%
2022418$449pw3.88%
2021413$409pw3.46%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.