Carrum Downs, VIC 3201, is a growing suburb with a population of around 22,000 residents. The demographic profile skews towards younger age groups, with a significant number of residents aged between 20 to 34 years. The suburb has a diverse workforce, with Technicians and Tradeworkers, Professionals, and Managers being the top three occupations. Commute primarily occurs via motor vehicle, but there is also a notable percentage of residents who work from home. For houses in Carrum Downs, the suburb offers a good balance between property prices and rental yields, making it attractive for both home buyers and investors. The market absorption rate is high, indicating strong demand which could potentially lead to capital growth. For units, there is a healthy rental demand with a low vacancy rate. The sale price growth over the past few years has also been consistent, indicating stability in property values. Carrum Downs presents an appealing opportunity for buyers and investors alike. With a balanced demographic mix, good infrastructure, and a strong demand for housing, the suburb offers potential for long-term capital growth. The high market absorption rate signifies a dynamic property market, making it a suburb to watch for those considering investment in either houses or units. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022