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.

Sales data

Median sale price
$1.7mil
Quarterly price change
-1.1%
Metro Melbourne Comparison
$974k
1.8%
BedroomsCarnegieMetro comparison
2$1,190,000$940,000
3$1,603,500$851,000
4$1,971,000$970,000
InsightCarnegieMetro comparison
Clearance rate81.4%77.8%
Days on market4636

Rental data

Median weekly rent
$750
Rental yield
2.2%
Metro Melbourne Comparison
$580
3.2%
BedroomsCarnegieMetro comparison
2$600$585
3$783$550
4$1,150$600
Median data for the current quarter

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