Carnegie (VIC 3163): property prices & suburb profile

Glen Eira LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Carnegie · VIC 3163 · typical house price · 12 months to 2025-Q4
$1,713,000+70.2%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (92 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$1,713,000
92 sales over 4 quarters
Typical unit price
$638,000
12 months to 2025-Q4, 471 sales
Sales in the last year
563
houses + units
SEIFA advantage decile
10 of 10
Carnegie
Schools in the suburb
1
ACARA registered

Carnegie property prices

The typical Carnegie house sold for around $1,713,000 in the year to 2025-Q4, +70.2% over 10 years and +30.6% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
+3.1%
-3.4%
+30.6%
+70.2%
Units
+3.1%
-2.7%
-4.9%
+12.9%

Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
542k885k1.23M1.57M1.92M20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$865,000$460,500
2014$1,007,500$535,000
2015$1,300,000$540,000
2016$1,348,500$570,000
2017$1,510,000$590,500
2018$1,445,000$570,000
2019$1,313,500$635,000
2020$1,420,000$639,500
2021$1,776,000$621,000
2022$1,687,500$632,000
2023$1,675,000$620,000
2024$1,715,000$604,000
Apr 2024$1,707,500$599,800
July 2024$1,820,000$607,500
Oct 2024$1,640,000$630,000
2025$1,720,000$655,000
Apr 2025$1,662,000$683,000
July 2025$1,825,000$592,500
Oct 2025$1,700,000$630,000
  • Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Carnegie medians by quarter

The most recent quarter on record for Carnegie is 2025-Q4.

Carnegie medians by quarter
2025-Q4Unit$630k135
2025-Q4House$1.70M27
2025-Q3Unit$593k124
2025-Q3House$1.82M15
2025-Q2Unit$683k118
2025-Q2House$1.66M29
2025-Q1Unit$655k94
2025-Q1House$1.72M21
2024-Q4Unit$630k107
2024-Q4House$1.64M25
2024-Q3Unit$608k110
2024-Q3House$1.82M
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Carnegie

Carnegie has a median age of 36 and a median household income of $1,878 a week.

Population (Carnegie)
17,909
Median age (Carnegie)
36 years
Median household income (Carnegie)
$1,878/wk
People per square kilometre
4,857
Average taxable income (postcode, 2023)
$84,675
SEIFA advantage decile (Carnegie)
10 of 10
Addresses in the suburb (G-NAF)
12,715
Rooftop solar installs, 12 months (postcode)
144
How Carnegie homes are held
Owned outright
26.2% · 2,047
Owned with a mortgage
28.9% · 2,258
Rented
42.3% · 3,300
Carnegie homes by bedroom count
1 bedroom or studio
16.7% · 1,290
2 bedrooms
41.8% · 3,228
3 bedrooms
26.9% · 2,081
4 bedrooms
11.8% · 909
5 or more
2.8% · 218
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
10 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
9 of 10
Economic resources (IER)from household income, wealth and housing costs
3 of 10
Education and occupation (IEO)from qualifications and skilled work
10 of 10
  • Figures labelled Carnegie are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Carnegie" and postcode 3163 both extend beyond Carnegie.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Carnegie

The only school in Carnegie sits at the 94th percentile nationally on ACARA's socio-educational index.

Schools located in Carnegie
Carnegie Primary SchoolGovernmentPrimary1,146
Median school percentile nationally · ICSEA score
Carnegie · 1 school
94th · 1146
Glen Eira LGA
92nd · 1135
Melbourne South East
66th · 1043
VIC
60th · 1030
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Carnegie

Carnegie's typical house price of $1,713,000 is the 3rd highest of the 25 Melbourne South East suburbs we cover.

All Melbourne South East suburb research

Carnegie: common questions

How much does a house cost in Carnegie?
About $1,713,000 across the 12 months to 2025-Q4, from 92 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
Have Carnegie prices gone up?
Prices have risen 70.2% over 10 years and moved +30.6% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
What do units cost in Carnegie?
The typical unit price was around $638,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 471 sales.
Can I see Carnegie prices street by street?
Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
Which schools are in Carnegie?
Carnegie has 1 ACARA-registered school: Carnegie Primary School.
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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.