Kingston (Vic.) · 3197

Carrum, VIC

population +7.8% (5y), 2.6% gross yield.

NextSuburb scoreTier D
31Below trend
Median house
$800k
5y growth
0.7%/yr
Gross yield
2.6%
Vacancy
2.4%
Thin market · ~4k residentsMedium confidence
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

Eight-signal breakdown

Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.

  • Capital growth (5y)0.7%/yr
    7/100
  • Population growth+7.8% (5y)
    78/100
  • Supply tightening+5.0% YoY
    25/100
  • Rental yield2.6%
    53/100
  • Rental demand2.4% vacancy
    40/100
  • Income growth+13.0% (5y)
    52/100
  • Construction pipelineno nearby pipeline
    0/100
  • Affordability47% under cap
    47/100

Why this score

Carrum scores 31/100 (Below trend). The two strongest signals: 7.8% population growth over five years and 2.6% gross rental yield. The standout watch-out: population of 4,239 makes the market illiquid.

Drivers
  • Population growth+7.8% (5y)
Risks
  • Only 4,239 residents — illiquid, slow to sell
  • Modest 5y growth (0.7%/yr)

Nearest infrastructure

Suburban Rail Loop East — Cheltenham13.3 km away

Construction · $5.0bn · completion 2035

Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.

Comparable suburbs

Three VIC suburbs in the same budget band with the closest NextSuburb scores.

See the full VIC ranking

60-month score history

Backfilled — live history begins May 2026
222936Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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