Carrum is a scenic coastal suburb at the mouth of the Patterson River where waterway, bay, and beach converge, creating one of Melbourne's most picturesque outer-coastal settings. Its boating and fishing community, improving café strip, and train access make it exceptional value for lifestyle seekers. At the current $870k median house price, an 80% loan at 6.25% over 30 years is about $4,285 per month.
| Median house price | $870,000 |
|---|---|
| Median unit price | $560,000 |
| Estimated monthly repayment | $4,285 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 8% |
| Gross rental yield | 4.2% |
| Typical days on market | 13 |
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