Mortgage Broker Carrum Downs

Carrum Downs is a suburb in Melbourne, Victoria, 48 km south-east of Melbourne's Central Business District via the Monash Freeway, located within the City of Frankston, with a population of roughly 22,000.

 

Buying a property in Carrum Downs? We can help secure you the right finance

The Median house sale price range is $685,000 with a 27% increase in the last 4 years (March 2020-March 2024), the corresponding previous 4 years showed a 45% rise.

Based on its average 5-year and quarterly capital gains CARRUM DOWNS, 3201 saw average growth in the long term.

Real estate investors could earn a rental income of $530 based on current median home prices for the suburb.

CARRUM DOWNS ranks 158th on the list of best yielding suburbs for rental properties in VIC, posting a 3.94% return.

Average weekly rents on listings have reached the $480 mark, reflecting a 4.38% increase in returns based on the current median unit price in CARRUM DOWNS.

An average of 14.17 real estate transactions take place per month in CARRUM DOWNS which translates to 170 per annum.

*As at 24/7/2024 (Data sourced from Realestate.com.au/Core Logic & Smart Property Investment)

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Our mission is to find the right home loan for your individual needs and always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation.

 

Contact Rhye Livingstone and the team at Mortgage Choice on 0459 958 893 or email rhye.livingstone@mortgagechoice.com.au