Carrum, VIC 3197 is a suburb with a growing population and a diverse range of age groups, with a significant number of residents aged between 45 to 64 years. The suburb has a good mix of occupations, with a notable presence of professionals, managers, and technicians/tradeworkers. Residents mostly commute by motor vehicle and a considerable percentage work from home. The suburb also has convenient access to public transport options. Carrum presents investment opportunities in both houses and units. The suburb has shown positive growth in median prices over various periods, indicating a potentially profitable real estate market. With a low vacancy rate and high market absorption rate for both houses and units, Carrum is attractive for investors. Additionally, the suburb's high room demand-supply ratio suggests a good opportunity for rental income. Carrum, VIC 3197 offers a mix of demographics, making it appealing for residents looking for a balanced lifestyle. Investors can find opportunities in the growing real estate market, particularly in rental properties due to the high demand and low vacancy rates. The suburb's accessibility and educational advantage further enhance its overall appeal for homeowners and investors alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022