Carnegie, VIC 3163
City of Glen EiraAll suburbs in postcode 3163
Updated
Median house price
$1,810,000
Median · Land Victoria · the latest published quarter (updated May 2026)
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Carnegie at a glance
- Median unit
- $683,000
- Weekly rent
- $750
- Houses · units $595
- Population
- 17.9k
- Median age 36
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025 · Population: 2021 Census
House prices in Carnegie
Houses change hands at $1,810,000 on a typical sale, well above the Victoria median. Units come in around $683,000, roughly 62% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $362,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of September 2025· Victorian rental report
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What to know about Carnegie
Carnegie (3163) sits in the Glen Eira region of Victoria. The median house here is $1,810,000, well above the Victoria median of around $850K.
Carnegie has roughly 17,909 residents, with a typical family-age mix. Households are a roughly even mix of owners and renters. Day-to-day life here is very walkable, with most errands manageable on foot.
What it’s like to live here
Carnegie scores 100/100 on walkability, which makes it very walkable with workable public transport options. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 673 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 10 government primary, 3 government secondary, 3 Catholic, 4 independent.
Schools in Carnegie
Location
Walkability
- Walk
- 100/100
- Transit
- 90/100
- Bike
- 100/100
Walker's paradise. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Carnegie's population at 17,909, with a median age of 36. That sits as a typical family-age mix. Households are a roughly even mix of owners and renters (55% own, 42% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (35%), often a marker of unit-heavy stock and walkable infrastructure.
- Family households
- 59%
- Lone person
- 35%
- Owner occupied
- 55%
- Renter occupied
- 42%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.15% (median rent $750/wk against a $1,810,000 price tag). Units yield 4.53% gross, often the better cash-flow play for first-time investors. With 42% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
- Gross yield, housesSource: Land Victoria / DTP · May 2026
- 2.15%
- On the $1,810,000 median
- Gross yield, unitsSource: Land Victoria / DTP · May 2026
- 4.53%
- On the $683,000 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
798 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 673 mm
- Hottest month, avg max
- 26.4°C
- Coldest month, avg min
- 6.6°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Carnegie
- What is the median house price in Carnegie?
- The median house price in Carnegie, VIC 3163 is $1,810,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $683,000.
- How much is my house worth in Carnegie?
- A useful starting point is the Carnegie median house price of $1,810,000 (units $683,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Carnegie a good investment?
- On the published figures, the gross rental yield on houses in Carnegie is 2.2%: the median weekly house rent is $750 (Victorian rental report, September 2025) against the median house price of $1,810,000 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Carnegie: the Land Victoria figures we hold do not measure one. Whether Carnegie is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Carnegie postcode?
- Carnegie is in the 3163 postcode, in VIC, in the City of Glen Eira region.
- Where is Carnegie?
- Carnegie is a suburb in the City of Glen Eira area, VIC 3163.
- What is the average rent in Carnegie?
- The median weekly rent for houses is $750, for units it's $595.
- What schools are in Carnegie?
- There are 20 schools serving Carnegie on this page, including Carnegie Primary School, St Anthony's School, Glen Huntly Primary School.
- How walkable is Carnegie?
- Carnegie has a Walk Score of 100 out of 100, very walkable. transit score 90, bike score 100.
- What suburbs are near Carnegie?
- Carnegie is close to Darling South, Malvern East, Darling, Glen Huntly, Murrumbeena.
- What is the population of Carnegie?
- The population of Carnegie is approximately 17,909 (2021 Census). The median age is 36.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.