Market snapshot

Suburb insights for Carnegie3163

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Carnegie, approximately 12 km from the CBD, is a vibrant, multicultural suburb centred around the Koornang Road shopping and dining strip. Known for its Asian eateries, strong public transport, including trains and trams, and excellent schooling options, Carnegie attracts students, professionals, and young families. With its mix of period homes and new developments, it offers diversity in both character and lifestyle.

Recent sales and auction results in Carnegie

AddressBedroomsPriceTypeMethodSale DateAgentListing
4/96 Mimosa Rd, Carnegie2PriceUnitAuction Sale19/12/2025Ray White Judd White Group
2/33 Madden Av, Carnegie2PriceApartmentAuction Sale15/12/2025Woodards
1/62-64 Railway Rd, Carnegie2PriceUnitPrivate Sale3/12/2025Buxton
5/8 Walnut St, Carnegie1PriceApartmentPrivate Sale24/11/2025Gary Peer & Associates

Sales data

Median sale price
$1.8mil
Quarterly price change
5.3%
Metro Melbourne Comparison
$955k
2.7%
BedroomsCarnegieMetro comparison
2-$910,000
3$1,600,000$830,000
4$1,970,000$951,500
InsightCarnegieMetro comparison
Clearance rate80%81.4%
Days on market47.536

Rental data

Median weekly rent
$750
Rental yield
2.2%
Metro Melbourne Comparison
$580
3.3%
BedroomsCarnegieMetro comparison
2$600$580
3$750$550
4$1,100$600
Median data for the current quarter

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