October 2026 data · Frankston · VIC
Carrum Downs house prices: median price and growth
- Median house
- $805k ▲ +8.0% in 12 months
- Median unit
- $620k ▲ +3.3% in 12 months
The median house price in Carrum Downs is $805k (October 2026), up 8.0% over 12 months. Units have a median of $620k, up 3.3% over 12 months. That puts Carrum Downs below the typical Melbourne South East suburb ($880k) and number 8 of the 9 suburbs around it.
Median house price
- $2.25M+
- $2M–$2.25M
- $1.75M–$2M
- $1.5M–$1.75M
- $1.25M–$1.5M
- $1M–$1.25M
- $750K–$1M
- $500K–$750K
- <$500K
Carrum Downs price changes
| Type | Median | 3 mo | 6 mo | 12 mo |
|---|---|---|---|---|
| House | $805k | ▼ −0.4% | ▲ +1.4% | ▲ +8.0% |
| Unit | $620k | ▲ +0.1% | ▲ +0.3% | ▲ +3.3% |
Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.
Carrum Downs compared with nearby suburbs
Suburbs within about 1 km of Carrum Downs, dearest house median first. Select a column heading to sort.
| House | Unit | |||||||
|---|---|---|---|---|---|---|---|---|
| Bangholme | $2.15m | – | – | – | – | – | – | – |
| Patterson Lakes | $1.32m | 0.0% | ▼ −1.0% | ▲ +11.3% | $750k | ▲ +0.7% | ▲ +1.0% | ▲ +6.6% |
| Sandhurst | $1.11m | ▼ −0.4% | ▲ +3.3% | ▲ +5.7% | $850k | – | – | – |
| Lyndhurst | $985k | ▲ +1.0% | ▲ +0.4% | ▲ +5.4% | $575k | – | – | – |
| Langwarrin | $920k | ▲ +1.1% | ▲ +2.2% | ▲ +5.1% | $640k | ▼ −1.5% | ▼ −2.0% | ▲ +2.8% |
| Seaford | $885k | ▼ −0.6% | ▼ −0.6% | ▲ +4.7% | $686k | ▼ −2.2% | ▲ +2.4% | ▲ +10.8% |
| Skye | $860k | 0.0% | ▲ +1.2% | ▲ +7.2% | $630k | ▲ +0.7% | ▲ +6.6% | ▲ +8.7% |
| Carrum Downs | $805k | ▼ −0.4% | ▲ +1.4% | ▲ +8.0% | $620k | ▲ +0.1% | ▲ +0.3% | ▲ +3.3% |
| Frankston North | $700k | ▼ −2.1% | 0.0% | ▲ +7.7% | $600k | ▼ −0.5% | ▲ +1.6% | ▲ +1.5% |
Living in Carrum Downs
From the 2021 ABS Census: Carrum Downs against the Frankston council area and VIC. Council and state percentages count all their residents; their medians are the middle suburb by population.
Locked figures are free with an account, for the area your plan covers. Sign in or create a free account
| Figure | Carrum Downs | Frankston (council) | VIC |
|---|---|---|---|
| People | |||
| Population | 21,976 | 139,267 | 6,503,500 |
| Median age | 36 | 39 | 39 |
| Families with children | 🔒 | 🔒 | 🔒 |
| Born overseas | 24.8% | 21.4% | 30.0% |
| Language other than English at home | 🔒 | 🔒 | 🔒 |
| Work and education | |||
| Median household income | $1,658/wk | $1,658/wk | $1,856/wk |
| Median personal income | 🔒 | 🔒 | 🔒 |
| Professionals and managers | 🔒 | 🔒 | 🔒 |
| Unemployment | 🔒 | 🔒 | 🔒 |
| Bachelor degree or higher | 🔒 | 🔒 | 🔒 |
| Completed Year 12 | 🔒 | 🔒 | 🔒 |
| Housing | |||
| Owned outright | 🔒 | 🔒 | 🔒 |
| Owned with a mortgage | 🔒 | 🔒 | 🔒 |
| Rented | 27.3% | 28.0% | 28.5% |
| Separate houses | 🔒 | 🔒 | 🔒 |
| Flats and apartments | 🔒 | 🔒 | 🔒 |
| Median weekly rent | 🔒 | 🔒 | 🔒 |
| Median mortgage repayment | 🔒 | 🔒 | 🔒 |
| Advantage | |||
| SEIFA advantage (IRSAD), Australian decile | 🔒 | 🔒 | 🔒 |
🔒 Age, occupation and ancestry breakdowns for Carrum Downs, its council and VIC
Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.
Common questions
What is the median house price in Carrum Downs?
The median house price in Carrum Downs was $805k in October 2026, up 8.0% on a year earlier. The typical Melbourne South East suburb median was $880k.
What is the median unit price in Carrum Downs?
The median unit price in Carrum Downs was $620k in October 2026, up 3.3% over 12 months.
Is Carrum Downs more expensive than nearby suburbs?
Of the 8 neighbouring suburbs with a median house price, 7 are dearer than Carrum Downs and 1 is cheaper or the same.
Where does this data come from?
Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.