Carrum (VIC 3197): property prices & suburb profile

Kingston (Vic.) LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Carrum · VIC 3197 · typical house price · 12 months to 2025-Q4
$1,059,000+94.0%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (33 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$1,059,000
33 sales over 4 quarters
Typical unit price
$849,000
12 months to 2025-Q4, 90 sales
Sales in the last year
123
houses + units
SEIFA advantage decile
7 of 10
Carrum
Schools in the suburb
1
ACARA registered

Carrum property prices

The typical Carrum house sold for around $1,059,000 in the year to 2025-Q4, +94.0% over 10 years and +35.1% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
+4.2%
+7.5%
+35.1%
+94.0%
Units
+5.1%
-1.2%
+23.5%
+65.8%

Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
515k709k903k1.10M1.29M20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$510,000$435,000
2014$536,000$460,000
2015$611,000$521,000
2016$750,000$542,500
2017$835,500$635,000
2018$860,000$672,500
2019$770,000$617,500
2020$830,500$663,000
2021$967,000$771,500
2022$965,000$745,000
2023$1,030,000$730,000
2024$1,040,000$762,500
Apr 2024$1,230,000$825,500
July 2024$1,016,000$745,000
Oct 2024$1,016,000$847,500
2025$881,000$810,000
Apr 2025$1,101,000$762,500
July 2025$1,125,000$804,000
Oct 2025$1,020,000$992,500
  • Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Carrum medians by quarter

The most recent quarter on record for Carrum is 2025-Q4.

Carrum medians by quarter
2025-Q4Unit$993k24
2025-Q4House$1.02M6
2025-Q3Unit$804k30
2025-Q3House$1.13M8
2025-Q2Unit$763k14
2025-Q2House$1.10M14
2025-Q1Unit$810k22
2025-Q1House$881k5
2024-Q4Unit$848k21
2024-Q4House$1.02M13
2024-Q3Unit$745k13
2024-Q3House$1.02M
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Carrum

Carrum has a median age of 40 and a median household income of $1,732 a week.

Population (Carrum)
4,239
Median age (Carrum)
40 years
Median household income (Carrum)
$1,732/wk
People per square kilometre
2,726
Average taxable income (postcode, 2023)
$85,821
SEIFA advantage decile (Carrum)
7 of 10
Addresses in the suburb (G-NAF)
3,056
Rooftop solar installs, 12 months (postcode)
86
How Carrum homes are held
Owned outright
31.0% · 559
Owned with a mortgage
36.4% · 657
Rented
30.5% · 551
Carrum homes by bedroom count
1 bedroom or studio
2.9% · 51
2 bedrooms
31.2% · 554
3 bedrooms
51.7% · 917
4 bedrooms
11.7% · 208
5 or more
2.5% · 45
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
7 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
6 of 10
Economic resources (IER)from household income, wealth and housing costs
3 of 10
Education and occupation (IEO)from qualifications and skilled work
8 of 10
  • Figures labelled Carrum are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Carrum - Patterson Lakes" and postcode 3197 both extend beyond Carrum.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Carrum

The only school in Carrum sits at the 77th percentile nationally on ACARA's socio-educational index.

Schools located in Carrum
Carrum Primary SchoolGovernmentPrimary1,075
Median school percentile nationally · ICSEA score
Carrum · 1 school
77th · 1075
Kingston (Vic.) LGA
82nd · 1091
Melbourne South East
66th · 1043
VIC
60th · 1030
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Carrum

Carrum's typical house price of $1,059,000 is the 30th highest of the 59 Melbourne South East suburbs we cover.

All Melbourne South East suburb research

Carrum: common questions

How much does a house cost in Carrum?
About $1,059,000 across the 12 months to 2025-Q4, from 33 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
Have Carrum prices gone up?
Prices have risen 94.0% over 10 years and moved +35.1% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
What do units cost in Carrum?
The typical unit price was around $849,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 90 sales.
Can I see Carrum prices street by street?
Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
Which schools are in Carrum?
Carrum has 1 ACARA-registered school: Carrum Primary School.
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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.