Carrum Downs Property Growth
VIC · 3201 · South-East Melbourne
An outer south-eastern Melbourne suburb combining established housing with newer estates, benefiting from the Frankston Freeway and Eastlink connections.
Overview
Location: Frankston City
An outer south-eastern Melbourne suburb combining established housing with newer estates, benefiting from the Frankston Freeway and Eastlink connections.
Market Snapshot
Median House Price
$785k
Median Unit Price
$650k
Avg Days on Market
10 days
Demographics
Estimated Population
20,716
Owner Occupier Rate
71.0%
Renter Rate
29.0%
Transport & Connectivity
Carrum Downs has no train station; Seaford, Kananook and Carrum stations on the Frankston line are the nearest, roughly 4.5–5km away.
Major Roads
- Peninsula Link (M11)
- Frankston-Dandenong Road
- Ballarto Road
- with EastLink access nearby
Carrum Downs is approximately 37km south-east of the Melbourne CBD, within the City of Frankston. Verify current timetables and traffic conditions before relying on any commute estimate.
Education
Carrum Downs is well served for schooling within the suburb.
Primary Schools
- Banyan Fields Primary School
- Rowellyn Park Primary School
- St Joachim's School (Catholic)
Secondary Schools
- Carrum Downs Secondary College
Childcare
A range of long day care, kindergarten and outside school hours care providers operate across Carrum Downs. Always verify availability and waitlists directly with providers.
Amenities & Lifestyle
Carrum Downs Shopping Centre serves daily needs, supported by large-format retail including a Bunnings warehouse. The suburb has an established network of local parks, playgrounds and sporting reserves.
Employment
Major Employment Hubs: The Carrum Downs industrial precinct is one of the larger employment areas in Melbourne's outer south-east, providing significant manufacturing, trades and logistics employment adjacent to the residential area. Commercial Centres: Carrum Downs Shopping Centre
Major Employment Hubs
- The Carrum Downs industrial precinct is one of the larger employment areas in Melbourne's outer south-east
- providing significant manufacturing
- trades and logistics employment adjacent to the residential area.
Commercial Centres
- Carrum Downs Shopping Centre
Infrastructure
No major infrastructure projects are currently confirmed for Carrum Downs. Check Infrastructure Australia's project pipeline, State Government announcements or City of Frankston's website for the latest updates on works that may affect the area.
Growth Drivers
- Major industrial employment precinct — the Carrum Downs industrial precinct is one of the larger employment areas in Melbourne's outer south-east, providing significant manufacturing, trades and logistics jobs adjacent to residential areas.
- Strong local schooling — Banyan Fields Primary School, Rowellyn Park Primary School, St Joachim's School and Carrum Downs Secondary College serve the suburb directly.
- Peninsula Link and EastLink access — strong freeway connectivity supports both commuting and freight movement.
- Established local retail and parks network — Carrum Downs Shopping Centre plus large-format retail and an established network of local parks, playgrounds and sporting reserves support day-to-day amenity.
Key Risks
- No train station of its own — Seaford, Kananook and Carrum stations on the Frankston line are the nearest, roughly 4.5-5km away.
- Interest rate and lending sensitivity — like all property markets, local prices and buyer activity can be affected by changes in interest rates and lending conditions.
- Industrial precinct proximity — the significant industrial area adjacent to residential streets may affect amenity for some pockets.
Frequently Asked Questions
Carrum Downs offers a major industrial employment base, strong local schooling and freeway access, but every investor's circumstances and goals differ. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.
Refer to the Market Snapshot section on this page for current median price data sourced from our live database.
Carrum Downs is well served for schooling within the suburb, including Banyan Fields Primary School, Rowellyn Park Primary School, St Joachim's School and Carrum Downs Secondary College.
Carrum Downs has no train station; Seaford, Kananook and Carrum stations on the Frankston line are the nearest, roughly 4.5-5km away. Verify current timetables and travel times before relying on any commute estimate.
Carrum Downs Shopping Centre serves daily needs, supported by large-format retail including a Bunnings warehouse, alongside an established network of local parks and sporting reserves.
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Use your own property price, growth rate and timeframe to estimate future property value, equity growth and total projected growth.
Calculate Future ValueSources
- ABSAustralian Bureau of Statistics — Census QuickStats— https://www.abs.gov.au/census
- Local CouncilCity of Frankston— https://www.frankston.vic.gov.au
- Department of Transport VictoriaDepartment of Transport and Planning Victoria— https://www.transport.vic.gov.au
- Victorian Planning AuthorityVictorian Planning Authority— https://vpa.vic.gov.au/
- Infrastructure AustraliaProject Pipeline— https://www.infrastructureaustralia.gov.au
This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.