Carrum vs Purnim

The median house price is $1.1M in Carrum and $1.1M in Purnim, so Purnim is the cheaper entry point.

For units, Carrum sits at a median of $830K against $440K in Purnim, which makes Purnim the more affordable unit market and Carrum the pricier one.

On cash flow, Carrum leads: houses there return a gross rental yield of 3.33%, compared with 1.92% in Purnim, a gap of 1.41 percentage points.

Over the past year house prices moved +8.9% in Carrum and +20.1% in Purnim, so recent momentum favours Purnim, although both suburbs recorded growth.

Rental vacancy is 1.2% in Carrum and 7.1% in Purnim, so landlords in Carrum face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Carrum is the bigger suburb, with a population of 4,239 against 292, roughly 15 times the size of Purnim; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Carrum for rental income, Purnim for a lower purchase price, Purnim for recent price momentum, Carrum for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.