3/31 Madden Ave, Carnegie is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 767m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Carnegie in the last 12 months.
A savvy way to get your real estate start, this solid brick two bedroom ground floor apartment has those old school proportions and sense of private separation. On the edge of the beautiful fields of Koornang Park and Lord Reserve, this calming abode has the promise to add value, while featuring a genuine entry hall, two well-sized bedrooms with built in robes, a cheery living room, a north facing kitchen/meals area (stainless steel stove) and a classic bathroom. An astute addition to your investment portfolio in this low-vacancy market and growing pocket, this wise offering is rent ready with reverse cycle air conditioning, a security door, communal laundry facilities and a carport. In this peaceful parkside locale between two buzzing shopping villages, walk to both Koornang Road and Glen Huntly Village for a diverse choice of cafes, diners, grocers and shops; two train lines bound for Monash University Caulfield, the city tram and Glen Huntly Primary School.
The size of Carnegie is approximately 3.7 square kilometres. It has 5 parks covering nearly 6% of total area. The population of Carnegie in 2011 was 16,299 people. By 2016 the population was 17,399 showing a population growth of 6.7% in the area during that time. The predominant age group in Carnegie is 20-29 years. Households in Carnegie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carnegie work in a professional occupation. In 2011, 55.8% of the homes in Carnegie were owner-occupied compared with 52.4% in 2016.
Carnegie has 11,705 properties. Over the last 5 years, Houses in Carnegie have seen a 26.56% increase in median value, while Units have seen a 1.02% increase. As at 31 August 2024:
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