Carrum Downs, VIC 3201

Frankston City CouncilAll suburbs in postcode 3201

Updated

Median house price

$775,000

Median · Land Victoria · the latest published quarter (updated May 2026)

Selling in Carrum Downs?

Get the free selling guide, personalised to Carrum Downs, or ask for a free appraisal from a local agent.

Carrum Downs at a glance

Median unit
$600,000
Weekly rent
$560
Houses · units $470
Population
22.0k
Median age 36

Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025 · Population: 2021 Census

House prices in Carrum Downs

Houses change hands at $775,000 on a typical sale, in line with the Victoria median. Units come in around $600,000, roughly 23% below the house median.

For buyers

A 20% deposit on the median house works out to roughly $155,000. Prices are in line with the Victoria median, so the broader state lending settings apply.

See what you can borrow

Rental data as of September 2025· Victorian rental report

Free appraisal in Carrum Downs

What’s your home worth in Carrum Downs?

Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.

What to know about Carrum Downs

Carrum Downs (3201) sits in the Frankston region of Victoria. The median house here is $775,000, in line with the Victoria median of around $850K.

Carrum Downs has roughly 21,976 residents, with a typical family-age mix. Households are mostly owner-occupied. Daily life is car-friendly: most residents drive to work, school and the shops.

What it’s like to live here

Carrum Downs scores 42/100 on walkability, which makes it car-friendly with limited public transport. Plan for two cars in a typical household, especially if work isn't local.

Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 685 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).

Schooling within or near the suburb covers 14 government primary, 3 government secondary, 2 Catholic.

Schools in Carrum Downs

Schools serving Carrum Downs: government first, then Catholic and independent.

Government schools

Banyan Fields Primary School

Prep-6Co-edGovernment
Catchment

Seaford Park Primary School

Prep-6Co-edGovernment
Catchment

Rowellyn Park Primary School

Prep-6Co-edGovernment
Catchment

© ACARA, licensed under CC BY 4.0.

Location

Walkability

Walk
42/100
Transit
30/100
Bike
100/100

Car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).

Walkability data as of May 2026· OpenStreetMap

Demographics

The 2021 Census put Carrum Downs's population at 21,976, with a median age of 36. That sits as a typical family-age mix. Households are mostly owner-occupied (70% own, 27% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (70% family households, 27% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.

Family households
70%
Lone person
27%
Owner occupied
70%
Renter occupied
27%

Demographics data as of May 2026· ABS 2021 Census

Investment overview

Gross rental yield on houses sits at 3.76% (median rent $560/wk against a $775,000 price tag). Units yield 4.07% gross, often the better cash-flow play for first-time investors. Renter share is modest (27%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.

Gross yield, housesSource: Land Victoria / DTP · May 2026
3.76%
On the $775,000 median
Gross yield, unitsSource: Land Victoria / DTP · May 2026
4.07%
On the $600,000 median

Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.

Crime and safety

1,631 offences recorded in 2026

Top offence categories
B Property and deception offences1,008 (61.8%)
A Crimes against the person259 (15.9%)
E Justice procedures offences224 (13.7%)
C Drug offences78 (4.8%)
D Public order and security offences59 (3.6%)

Source: State Police Open Data

Crime data as of December 2026

Weather year-round

Annual rainfall
685 mm
Hottest month, avg max
25.6°C
Coldest month, avg min
7.1°C
Rainfall by month
J
F
M
A
M
J
J
A
S
O
N
D

Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.

Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations

Questions about Carrum Downs

What is the median house price in Carrum Downs?
The median house price in Carrum Downs, VIC 3201 is $775,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $600,000.
How much is my house worth in Carrum Downs?
A useful starting point is the Carrum Downs median house price of $775,000 (units $600,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
Is Carrum Downs a good investment?
On the published figures, the gross rental yield on houses in Carrum Downs is 3.8%: the median weekly house rent is $560 (Victorian rental report, September 2025) against the median house price of $775,000 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Carrum Downs: the Land Victoria figures we hold do not measure one. Whether Carrum Downs is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
What is the Carrum Downs postcode?
Carrum Downs is in the 3201 postcode, in VIC, in the Frankston City Council region.
Where is Carrum Downs?
Carrum Downs is a suburb in the Frankston City Council area, VIC 3201.
What is the average rent in Carrum Downs?
The median weekly rent for houses is $560, for units it's $470.
What schools are in Carrum Downs?
There are 20 schools serving Carrum Downs on this page, including St Joachim's School, Banyan Fields Primary School, Seaford Park Primary School.
How walkable is Carrum Downs?
Carrum Downs has a Walk Score of 42 out of 100, car-dependent for most errands. transit score 30, bike score 100.
What suburbs are near Carrum Downs?
Carrum Downs is close to Seaford, Belvedere Park, Frankston North, Skye, Pines Forest.
What is the population of Carrum Downs?
The population of Carrum Downs is approximately 21,976 (2021 Census). The median age is 36.

Selling in Carrum Downs? Get the free selling guide

What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Carrum Downs. A free PDF, in about a minute.

Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data

How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.