OFF MARKET

5 Munster Avenue
Carnegie VIC 3163

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 521m2
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Property Details for 5 Munster Ave, Carnegie

5 Munster Ave, Carnegie is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1910. The property has a land size of 521m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1910
Land Size
521m2
Local Government
Glen Eira
Lot/Plan
5/LP5045

Last Listing description (August 2023)

On one of Carnegie's most coveted treelined streets, this single-level traditional home has been in the same family for well over half a century. Positioned on a significant north-facing allotment measuring approximately 519sqm, 'Fairholme' represents substantial lifestyle opportunity, with great potential to renovate, reimagine and restore (STCA).

The existing home features three bedrooms, a sitting room and large kitchen and dining room, with a bathroom, large storage room, separate laundry, W.C., lock-up shed and ample off-street parking. Original features, an attractive period facade and trademark picket fence evidence a bygone era, complementing the current footprint, while traditional proportions make way for future beginnings (STCA). Dual street frontage adds to the appeal, with access at the rear via Craigavad Street providing potential for vehicle access extending the possibilities.

Situated on Carnegie's Golden Mile, with Monash University, vibrant Koornang Road shops and cafes, transport, schools and reserves all within walking distance, the lifestyle attributes are endless.

Property History for 5 Munster Ave, Carnegie, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$1,690,000
21 Aug 2023
Listed for Rent
$520/w
22 Nov 2022
  • 21 Aug 2023
    Sold for $1,690,000
  • 02 Aug 2023
    Listed for Sale Contact Agent
  • 10 Oct 2022
    Listed for Rent $520 / 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 11,750 properties. Over the last 5 years, Houses in Carnegie have seen a 12.57% increase in median value, while Units have seen a -2.72% decrease. As at 31 October 2024:

  • The median value for Houses in Carnegie is $1,591,202 while the median value for Units is $610,607.
  • Houses have a median rent of $728 while Units have a median rent of $530.
There are currently 35 properties listed for sale, and 29 properties listed for rent in Carnegie on OnTheHouse. According to CoreLogic's data, 550 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.