Investing in blocks of units in Carrum Downs can be a lucrative opportunity due to strong rental yields and a growing demographic base. These units offer a robust investment choice for those looking to enter the real estate market in this region.

• Median sale price for units is $600,000 as of the Apr-Jun 2025 quarter.
• Population of Carrum Downs stands at 21,976 with a median age of 36.
• Median rent is currently situated at $370 per week.

What do the numbers say in Carrum Downs?

Carrum Downs has become an attractive option for investors due to its excellent demographic and economic indicators. According to DataVic and REIV, the median sale price for units in the region was $600,000 during the Apr-Jun 2025 quarter, which reflects a quarter-on-quarter increase of 1.7% despite a slight year-over-year decrease of 0.8%. The population in Carrum Downs is documented at 21,976 with a median age of 36 years, as per the ABS Census 2021. Additionally, the median household income is approximately $1,658 per week, with a median rent pegged at $370 per week.

Rising property prices reflect the area’s potential and growing desirability, making it an interesting focus for those considering investments in blocks of units across Melbourne suburbs.

What are the key considerations?

When investing in blocks of units, several factors need to be taken into account. First, the potential for rental growth is significant, given the trend of young families and professionals moving into Carrum Downs. Long-term gains are also feasible due to the area’s strong demographic trends. According to the latest figures, the median rent is $370 per week, aligning nicely with the median household income levels.

Further, Carrum Downs offers a range of services and amenities that enhance its attractiveness. The locality’s flourishing market aligns with the characteristics of high rental yield suburbs across Melbourne, similar to those identified in our other guides like high rental yield suburbs Melbourne.

How does Collings help?

At Collings Real Estate, we provide comprehensive assistance for investors opting for blocks of units in this vibrant suburb. Our in-depth knowledge and local expertise enable us to guide you through the complexities of the real estate market. We offer support from initial inquiry to final purchase, ensuring that our clients are equipped with the best tools and insights for their investment journey.

If you’re interested in exploring off-market opportunities or need more tailored information about the area, feel free to sign up for our portal or contact us at info@collings.com.au.

Frequently asked questions

What types of returns can I expect from investing in Carrum Downs?

Historically, blocks of units in Carrum Downs have provided stable returns due to solid rental demand. The current median rent is $370 per week, with expected competitive yield margins.

Is Carrum Downs a good place for long-term investment?

Yes, it is. With its growing population, strong infrastructure, and attractive living conditions, Carrum Downs is slated for continued growth, making long-term investments appealing.

What other areas are similar to Carrum Downs?

Areas such as North Melbourne and South Melbourne are comparable in terms of investment opportunities and demographic trends. Their guides are available for further exploration on our website.

For more insights, reach out to Collings Real Estate at 03 9486 2000, or visit us at 230 Waterdale Road, Ivanhoe, VIC 3079.