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AREA REPORTS

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Carnegie - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3163

house
unit
CARNEGIE ranks 362nd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 24.96% for the past year is higher than average compared to its 37.27% growth within a five-year period.

Also in CARNEGIE, the median home price is sitting at $1,784,500, and the average rent at $580, this suggests property owners could potentially earn a 1.69% increase in gross rental yield.

Property investors have seen a 2.26% gain in CARNEGIE based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on CARNEGIE, 3163 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 24.96%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.84% growth over a ten-year period. It ranks 983rd on our list of suburbs that property investors should look into.

Data report can be found below

Carnegie
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,784,500 $635,400
GROWTH REPORT
Median Quarterly 2.26% -2.25%
Median 12 month 24.96% -5.87%
Median 3 years 32.19% 12.16%
Median 5 years 37.27% 20.23%
10 years average annual 7.84% 3.27%
Weekly media advert. rent $580 $380
Time on Market 62.4 days 86.1 days
Gross Rental Yield Percent 1.69% 3.11%
demographics (median values)*
Total Population
32353
Weekly Household Income
1524
Household Size
2.40
Age
34
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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