VIC · 3163

Carnegie

Suburb profile, market snapshot and recent listings for Carnegie, VIC 3163.

Carnegie, VIC 3163

About Carnegie

Welcome to Carnegie

Carnegie sits in Melbourne's inner south-east, about 13 kilometres from the CBD, sandwiched comfortably between Malvern East, Murrumbeena, Glen Huntly, Caulfield East and Hughesdale. It's the kind of suburb that quietly does a lot right: a busy village shopping strip, a direct rail line into the city, and a housing mix that ranges from Edwardian weatherboards to sleek new apartment developments.

With a population of 17,909 and a median age of 36, Carnegie has become a magnet for young professionals, couples and families who want inner-city convenience without inner-city prices — though, as the numbers below show, that affordability edge has narrowed considerably in recent years.

Lifestyle & dining

Carnegie Road and Koornang Road form the suburb's commercial heart, lined with cafes, bakeries, bars and a strong showing of Asian grocers and restaurants that reflect the area's diverse community. It's an unpretentious strip — good coffee, reliable Vietnamese and Chinese eateries, and a steady stream of locals rather than a destination crowd, which is exactly its appeal. The pace picks up in the evenings when the strip's bars and restaurants fill with residents from the surrounding streets and neighbouring Murrumbeena and Hughesdale.

Shopping

Beyond the day-to-day convenience of the Koornang Road shops, Carnegie residents are close to the bigger retail pull of Chadstone Shopping Centre, just a short drive or bus ride away via Malvern East. Locally, the mix of independent grocers, specialty food stores and everyday retailers means most errands can be run on foot, while Glen Huntly's shopping strip offers a further option nearby.

Getting around

Carnegie railway station, on the Pakenham line, puts the CBD within easy reach and connects through to Malvern East, Hughesdale and Murrumbeena stations along the same corridor. Tram and bus routes supplement the rail service, and the suburb's flat, grid-like streets make it easy to cycle or walk to the shops, station or nearby parks. Access to the Monash Freeway is also straightforward, useful for those commuting beyond the inner south-east or heading toward Chadstone and the eastern suburbs.

Schools & families

Carnegie Primary School anchors the suburb's family appeal, giving local children a well-regarded option within walking distance for many households. The broader area benefits from the school options in neighbouring Malvern East and Caulfield East, and Carnegie's mix of period homes and family-sized townhouses continues to draw parents keen to stay close to the city without sacrificing garden space.

The property market

Carnegie's property market reflects its inner-south-east desirability, with a median house price of $1.40 million and recent growth of 1.5 per cent. Units and apartments remain a considerably more accessible entry point at a median of $655,000, which suits the current listing mix — 57 per cent apartments or units, 21 per cent townhouses, 21 per cent houses and a negligible 1 per cent vacant land. That skew toward higher-density stock says a lot about how Carnegie has evolved, with plenty of new apartment and townhouse development alongside its original weatherboard and brick housing stock.

Renters can expect a median asking rent of around $800 a week, reflecting solid demand from the suburb's younger, professional-leaning population. For buyers priced out of neighbouring Malvern East, Carnegie's unit and townhouse market in particular offers a comparatively achievable way into the inner south-east.

Market snapshot

Carnegie property market

Median price ranks #2,905 of 3,797 suburbs · pricier than 24%
Type
Bedrooms

Median sale price

$1.40m

House · 3 bed

Median rent

$800

per week

Gross rental yield

3.0%

annual rent ÷ sale price

Typical price range

Entry

$996k

Median

$1.40m

Premium

$1.94m

Days on market

43

Auction clearance

72%

Sold this year

63

Median sold price trend · House 3 bed

Compound growth -1.4% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Carnegie by dwelling type.

Apartment / Unit58%
Townhouse21%
House20%
Land1%

Who lives here

Demographics

ABS Census 2021 figures for Carnegie, VIC 3163.

Population

17,909

residents (2021)

Median age

36

years

Household income

$1,878

median, per week

Median rent

$395

per week

Median mortgage

$2,040

per month

Mortgage / income

25%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Carnegie

Government school catchment

Carnegie Primary School

Prep-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Carnegie

$1.88m

7 Newman Avenue

house4 bd · 2 ba · 2 car

Sold ~July 2026

$999k

5/45 Kokaribb Road

townhouse2 bd · 2 ba · 2 car

Sold ~July 2026

$1.20m

6/45 Kokaribb Road

townhouse3 bd · 2 ba · 2 car

Sold ~July 2026

$1.40m

1/16 Neville Street

house4 bd · 2 ba · 2 car

Sold ~July 2026

$663k

1/16 Shepparson Avenue

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$455k

203/1298 Glen Huntly Road

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$280k

1/50 Tranmere Avenue

apartment1 bd · 1 ba · 1 car

Sold ~July 2026

$846k

4/39-41 Mimosa Road

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Carnegie

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Compare the area

Price map around Carnegie

Every listing for sale near Carnegie, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
CarnegieNearby suburbs

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Common questions

Carnegie suburb FAQ

What is the median property price in Carnegie?

The median unit price in Carnegie, VIC is $655k for a 2-bedroom home. Over the past year, median sold prices have risen about 4.0%.

How much is rent in Carnegie?

The median weekly rent in Carnegie is around $620 per week.

Is Carnegie a good place to live?

Carnegie is an established residential suburb in VIC, with a population of around 17,909 and 1 school in the area.

What is the population of Carnegie?

Carnegie has a population of 17,909 (ABS 2021 Census), with a median age of 36.

What schools are in Carnegie?

There is 1 school in or near Carnegie, including Carnegie Primary School.

How long do homes take to sell in Carnegie?

Properties in Carnegie take around 44 days to sell on average, with an auction clearance rate of about 74%.

How much do you need to buy in Carnegie?

Entry-level properties in Carnegie start around $420k, while premium homes reach $964k.

What suburbs are near Carnegie?

Suburbs near Carnegie include Murrumbeena, Malvern East, Glen Huntly, Caulfield East and Hughesdale.

Available now

Properties in Carnegie

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NewFor Sale
$850k–$920k
townhouse

Stylishly Appointed Executive Living, Prized Locale

3/53A Coorigil Road, Carnegie VIC 3163
322
Woodards Carnegie & Bentleigh6 days ago
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NewFor Sale
$650k–$715k
apartment

Light-filled living, entertainer's courtyard

4/6 Anzac Street, Carnegie VIC 3163
211
Gary Peer2 days ago
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NewFor Sale
$620k–$680k
apartment

Fresh & Modern Spaces with Superb Alfresco

2/25 Truganini Road, Carnegie VIC 3163
221
Woodards Carnegie & BentleighToday
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NewFor Sale
$1.40m
townhouse

Luxurious 4 Bedroom Townhouse in Carnegie Offering Space, Style, Garden Living!!

, Carnegie VIC 3163
432171 m²
Silver Properties Australia6 days ago
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For Sale
$450k–$495k
apartment

Smart, bright and easy to own!

flat 10/1260 Glen Huntly Road, Carnegie VIC 3163
211947 m²
@realty1 week ago
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NewFor Sale
$380k–$410k
apartment

Light-Filled Living with Contemporary Style and Convenience

8/122 Mimosa Road, Carnegie VIC 3163
211
Jellis Craig & Company Pty Ltd2 days ago
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For Sale
$300k–$330k
apartment

Contact Agent for Details

, Carnegie VIC 3163
111
Professionals First & Co3 months ago
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For Sale
$3.55m–$3.9m
house

A rare parkside development opportunity

252-254 Koornang Road, Carnegie VIC 3163
7321392 m²
Jellis Craig Carnegie3 weeks ago
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Image 1
NewFor Sale
$1.20m
townhouse

Elegant 3 Bedroom Carnegie Townhouse with Private Garden, Modern Design!!!

, Carnegie VIC 3163
331136 m²
Silver Properties Australia6 days ago
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NewFor Sale
$730k–$770k
apartment

Sunlit style in a peaceful rear setting

14/148 Grange Road, Carnegie VIC 3163
211
Woodards Carnegie & Bentleigh6 days ago
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For Sale
$360k–$390k
apartment

Light, Bright and Brilliantly Located

2/13 Rosstown Road, Carnegie VIC 3163
111
Woodards Carnegie & Bentleigh3 weeks ago
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For Sale
$700k–$770k
apartment

Stylish Apartment Living with Exceptional Convenience

719/1060 Dandenong Road, Carnegie VIC 3163
221
The Avenue Property Co. Pty Ltd3 months ago
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