Carnegie — Units

BUY
VIC 3163 Unit Rank #25 of 206 in Melbourne ↓20
$581K
Median Unit Price · recent comparable sales
Yield-Supported Growth #25 of 206

Strong rental yield combined with tight vacancy creates durable income support and downside protection.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Yield-Supported Growth
DEMAND
148 buyers/listing
Strong
LIQUIDITY
26d DOM
Strong
AFFORDABILITY
-5.7% vs 5yr
Strong
GROWTH OUTLOOK
Average
Neutral
YIELD
5.4%
Strong
SUPPLY PRESSURE
0.7% vacancy
Strong
#25/206 Average Structure 71 $581K

Atlaso rates Carnegie units as BUY for capital growth. Vacancy is extremely tight at 0.74%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $581K, Carnegie ranks #25 of 206 units in Melbourne. The long-term structural outlook is Average. Buyer demand is strong with 148 buyers per listing.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Melbourne.

Carnegie Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
-5.1%
Asking Prices (3mo)
+13.5%
Rents (12mo)
0.8%
Vacancy
53%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$600K

Unit Weekly Rents (12 months)

$623/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3163.

Suburb Profile

Carnegie at a Glance

SEIFA Index
9/10
Most advantaged
Household Income
$1,926/wk
Median household
Median Age
36
Years
Mortgage Stress
25%
of income
Population Growth
+0.8%
vs state +2.2%
Ownership Mix
22.9% owned 30.8% mortgage 43.6% renting

Demographic Trends

Carnegie Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Carnegie Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Carnegie a good suburb to invest in?
Atlaso rates Carnegie as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Carnegie and 46 Australian cities to generate this rating.
What is the median house price in Carnegie?
The current median house price in Carnegie, vic is $581K, with annual growth of +12.0%. Properties sell in approximately 26 days.
How fast do properties sell in Carnegie?
Properties in Carnegie sell in 26 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Carnegie?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Carnegie's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Carnegie?
The gross rental yield for houses in Carnegie is 5.4%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).