SOLD
Sold on 23 May 2024 for $2,675,000

5 Reserve Avenue
Carnegie VIC 3163

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 98m2
Land area: 574m2
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Property Details for 5 Reserve Ave, Carnegie

5 Reserve Ave, Carnegie is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 574m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Carnegie in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
98m2
Land Size
574m2
Local Government
Glen Eira
Lot/Plan
13/LP6757

Last Listing description (August 2024)

Sold by Matthew Pillios (Director of Kay & Burton)

Designed to cater to the evolving demands of contemporary living, this sophisticated five-bedroom, three-bathroom residence offers unmatched refinement, where a focus on high-quality finishes and sunlit spaces provides a unique setting for relaxation, family harmony and entertaining.

Commanding attention with impressive street appeal and concealing an impeccable interior boasting generous scale, this impressive home offers families a space to grow, play, and thrive. Versatility is at the heart, with living spaces that seamlessly adapt to the ebb and flow of daily life, whilst every detail speaks to a commitment to excellence. The elegantly designed kitchen with a Smeg induction cooktop, oven and Miele dishwasher features a walk-in pantry complete with an appliance nook, offering superior quality to the culinary experience. A seamless integration of indoor and outdoor spaces creates a sense of openness and connectivity, creating an idyllic setting for entertaining, extending to an expansive rear garden that invites the prospect of a swimming pool.

The main bedroom suite is designed to be both luxurious and comfortable, featuring a stylish and serene space with a high-end ensuite, private balcony, and plenty of storage. The other three bedrooms, each with robes, are supported by two fully-tiled bathrooms, and there's an option to configure a 5th bedroom if needed. An oversized home office has multiple workstations, whilst appointments include ducted heating, refrigerated cooling, an alarm, CCTV, video intercom, a remote gate, a double garage, and two outdoor sheds.

Enviably located steps away from Koornang Park and the tram, and a short walk to the lively restaurants and cafes on Koornang Road, and close to Carnegie Station, Carnegie Primary School and Kilvington Grammar, plus the new aquatic centre that's nearing completion.

Property History for 5 Reserve Ave, Carnegie, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$2,675,000
23 May 2024
Listed for Rent
$550/w
02 Nov 2014
  • 23 May 2024
    Sold for $2,675,000
  • 08 May 2024
    Listed for Sale Sold
  • 08 May 2021
    Sold for $2,537,000
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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 11,703 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 41 properties listed for sale, and 26 properties listed for rent in Carnegie on OnTheHouse. According to CoreLogic's data, 545 properties were sold in the past 12 months in Carnegie.

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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.