SOLD
Sold on 05 Nov 2023 for $422,500

3/31 Madden Avenue
Carnegie VIC 3163

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 767m2
Sold By
JELLIS CRAIG CARNEGIE
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Property Details for 3/31 Madden Ave, Carnegie

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.

Building Type
Unit
Year Built
1975
Floor Size
67m2
Land Size
767m2
Local Government
Glen Eira
Lot/Plan
3/RP9637

Last Listing description (November 2023)

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.

Property History for 3/31 Madden Ave, Carnegie, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$422,500
05 Nov 2023
Listed for Rent
$360/w
05 Oct 2022
  • 05 Nov 2023
    Sold for $422,500
  • 05 Apr 2023
    Listed for Sale $400,000 - $440,000
  • 01 Jul 2022
    Listed for Rent $360 / week
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About Carnegie 3163

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:

  • The median value for Houses in Carnegie is $1,633,797 while the median value for Units is $595,282.
  • Houses have a median rent of $720 while Units have a median rent of $530.
There are currently 33 properties listed for sale, and 27 properties listed for rent in Carnegie on OnTheHouse. According to CoreLogic's data, 546 properties were sold in the past 12 months in Carnegie.

Suburb Insights for Carnegie 3163

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.