VIC/
Carnegie

Suburb Profile

Carnegie - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3163

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unit
CARNEGIE ranks 178th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 8.17% for the past year is lower than average compared to its 86.25% growth within a five-year period.

Also in CARNEGIE, the median home price is sitting at $1,490,000, and the average rent at $540, this suggests property owners could potentially earn a 1.88% increase in gross rental yield.

Property investors have seen a 3.08% gain in CARNEGIE based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.23% growth over a ten-year period. It ranks 867th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,490,000 $587,500
GROWTH REPORT
Median Quarterly 3.08% -0.84%
Median 12 month 8.17% 2.53%
Median 3 years 47.52% 8.8%
Median 5 years 86.25% 34.21%
10 years average annual 7.23% 5.61%
Weekly media advert. rent $540 $395
Time on Market 71.2 days 59.2 days
Gross Rental Yield Percent 1.88% 3.5%
demographics (median values)
Total Population
15085
Weekly Household Income
998.8
Household Size
2.20
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Carnegie, VIC
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