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Suburb Insights ยท VIC 3201

Carrum Downs 3201, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Carrum Downs is an outer-metropolitan suburb of Melbourne, Australia, with a population of approximately 21,976, making it a sizeable community. Located approximately 36 km from the Melbourne CBD, Carrum Downs is a outer metro area in Victoria. The median household income is $86,216 AUD per year (ABS 2021 Census).

Investment Score

57 / 100 Moderate

Household incomes in Carrum Downs sit in a comfortable mid-range for the Victoria market. While further from the city, improving transport links could boost future demand.

Location

Map shows Carrum Downs, Victoria, Australia.

Key Indicators

Postcode
3201

Official Australia Post postcode for Carrum Downs. A postcode may cover multiple suburbs.

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Population
21,976

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$370/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$86,216/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
36 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
5

Estimated 5 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
9

Estimated 9 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,733/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
76% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Carrum Downs's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $370/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,733/month. The median household income of $86,216/year reflects a solid demographic, supporting sustainable rental demand. 76% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Carrum Downs offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Carrum Downs can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Older housing stock in Carrum Downs combined with strong buyer demand creates solid renovation upside.

Risk Factors

Run the numbers on a Carrum Downs property

Full Property Analysis

30-year projections for Carrum Downs

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Carrum Downs is expected to see moderate price growth in 2026 as the broader Victoria market stabilises. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Carrum Downs offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Carrum Downs a good suburb for investment?

Carrum Downs is a outer metro area in Victoria with a population of 21,976. The median rent is $370/week and the median household income is $86,216/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Carrum Downs?

Key demand drivers in Carrum Downs include affordability relative to inner suburbs and expanding infrastructure. 76% of dwellings are separate houses. The area has approximately 5 schools and 9 parks nearby.

What is the population of Carrum Downs?

According to the ABS 2021 Census, Carrum Downs has a population of approximately 21,976. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Carrum Downs from the Melbourne CBD?

Carrum Downs is approximately 36 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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