The carrum downs median house price for 2026 continues its upward trend in this thriving suburb. According to our latest figures, the median house price in Carrum Downs is $775,000 as of the April-June 2025 quarter, reflecting a quarter-on-quarter increase of 7.6% and a year-on-year growth of 4.0%. This data significant for buyers, sellers, and investors provides a solid overview of the local property market dynamics.
- The median house price in Carrum Downs is $775,000 as of mid-2025, with a QoQ increase of 7.6%.
- Units in Carrum Downs have a median price of $600,000, showing a YoY decline of 0.8%.
- Population in Carrum Downs stands at 21,976, with a median household income of $1,658 per week.
What do the numbers say in Carrum Downs?
When analyzing the property market, it’s essential to look at the detailed statistics. As reported by DataVic/REIV via our CRM system, the median sale prices for houses in Carrum Downs stand at $775,000, with units at $600,000. This represents a noticeable quarterly improvement in houses by 7.6%, while units experienced a minor decline of 0.8% over the year. Such figures indicate a stable yet growing house market, possibly influenced by economic factors such as employment rates and population growth.
Understanding these fluctuations can aid potential investors or homebuyers in decision-making. Our detailed analysis aligns with broader market trends seen in other regions, like the Keilor Downs property market.
What are the key considerations?
Several factors influence the property market in Carrum Downs. The demographics as reported by the ABS Census 2021 reveal a population of 21,976 with a median age of 36 years. The median household income is $1,658 per week, and median rent is $370 per week. These figures impact affordability and purchasing power, integral to gauging value for both buyers and renters.
Another crucial aspect is the prospective growth of the area. Carrum Downs continues to attract families and professionals due to its lifestyle benefits and proximity to Melbourne. Considering the current trends and forecasts for increasing housing demand, investments in this locale appear promising when compared with other suburbs like Brisbane.
How does Collings help?
Collings Real Estate offers various services to assist both buyers and sellers in making profitable property transactions in Carrum Downs. With our extensive market knowledge and up-to-date data metrics, we empower our clients with accurate insights. Interested parties can also benefit from our online resources, including Collings Portal, which provides exclusive access to off-market properties and tailored opportunities.
To accurately determine your property’s potential value, we invite you to request a free property appraisal by contacting us at 03 9486 2000 or emailing info@collings.com.au. Our Ivanhoe office, located at 230 Waterdale Road, is open for consultations.
Frequently asked questions
Below are common queries regarding the Carrum Downs property market.
What is the projected growth in Carrum Downs? The local market continues to show potential growth with an annual house price increase of 4%, indicating positive investment opportunities.
Is Carrum Downs a good investment? Considering current property data and demographic trends, investing in Carrum Downs presents substantial promise for long-term gains.
How does the rental market fare? The rental market remains competitive with a median weekly rent of $370, catering to diverse demographics, including families and young professionals.
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