1102-1106 Dandenong Rd, Carnegie is a 16 bedroom, 16 bathroom House. The property has a land size of 2496m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Prime ~2,496 sqm Blue-Chip Landholding with Multitude of Development Possibilities (STPA)
Positioned along one of Melbourne's premier arterial corridors, 1102-1106 Dandenong Road, Carnegie represents a high-caliber landholding offering scale, high exposure, and ultimate versatility. Spanning an impressive 2,496 m approx., this site presents a blank canvas for developers, investors, and visionaries looking to capitalize on Carnegie's strong urban growth and high market demand.
Key Site Highlights
Development Potential & Scope (STPA)
* This landmark site is situated within the Glen Eira municipality, a highly sought-after middle-ring suburb characterized by robust residential growth, strong median property values, and low vacancy rates.
* Developers can explore a multitude of high-yield outcomes (Subject to Planning Approval):
* Multi-Level Residential / Build-To-Rent: High demand for luxury apartment developments or a build-to-rent project catering to young professionals, local downsizers, and academic staff.
* Student Accommodation: Proximity to Monash University Caulfield creates a continuous stream of student housing demand.
* Medical / Healthcare Hub: Highly visible, accessible site footprint ideal for a multi-specialist medical clinic or allied health complex.
* Childcare Facility: High demand for early learning services driven by local demographic growth.
* Mixed-Use Precinct: Ground-floor commercial/retail spaces paired with premium upper-level residences.
Location & Lifestyle Drivers
* Education: Steps to Monash University (Caulfield) and within top-tier school catchment
* Retail & Dining: Moments to Chadstone Shopping Centre and Koornang Road's famous culinary strip.
* Recreation & Transport: Quick access to East Caulfield Reserve, local parks, and direct arterial links into the CBD via Dandenong Road/Monash Freeway.
The size of Carnegie is approximately 3.7 square kilometres. There are 5 parks, covering nearly 6.0% of the total area. The population of Carnegie in 2016 was 17388 people. By 2021 the population was 17909 showing a population growth of 3.0% in the area during that time. The predominant age group in Carnegie is 30-39 years. Households in Carnegie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carnegie work in a professional occupation.In 2021, 55.10% of the homes in Carnegie were owner-occupied compared with 52.40% in 2016.
Carnegie has 12,006 properties. Over the last 5 years, Houses in Carnegie have seen a -9.68% decrease in median value, while Units have seen a -9.55% decrease. As at 31 August 2026:
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