251 Koornang Road, Carnegie, VIC 3163 | Property Value & History | OnTheHouse
OFF MARKET

251 Koornang Road
Carnegie VIC 3163

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 150m2
Land area: 171m2
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Property Details for 251 Koornang Rd, Carnegie

251 Koornang Rd, Carnegie is a 2 bedroom, 1 bathroom Unit. The property has a land size of 171m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Floor Size
150m2
Land Size
171m2
Local Government
Glen Eira
Lot/Plan
1/TP676081

Last Listing description (March 2025)

Situated at the prominent intersection of Koornang Rd and Munro Ave, this recently refreshed 1920s solid brick corner shop/office is a rare find. Just 900 meters from the heart of Carnegie and 14.5 kilometers from Melbourne's CBD, it offers an unbeatable location with high visibility and easy accessibility.

The property features a 42 sqm ground-floor space, equipped with 3-phase power, a brand-new heat pump hot water system, toilet plumbing is ready.

Enjoy seamless access to major routes, public transport (bus, tram, and train), nearby parks, and ample free parking. The revitalized Carnegie Swimming Pool adds to the area's charm, promising increased foot traffic and community activity.

Don't miss this exceptional opportunity to establish your business in a thriving, convenient, and vibrant location.

Security Deposit:

3 months' rent

Rent Reviews:

Annual rent reviews with adjustments in accordance with the Consumer Price Index (CPI) or a fixed percentage increase of 4%, whichever is higher.

Outgoings:
The tenant's share of the commitment is 50% for the outgoings.

Property History for 251 Koornang Rd, Carnegie, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$737,000
13 May 2021
Listed for Rent
$479/w
27 Mar 2025
  • 06 Dec 2023
    Listed for Rent $25,000 / year
  • 28 Jul 2021
    Listed for Rent - Price not available
  • 13 May 2021
    Sold for $737,000
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About Carnegie 3163

The size of Carnegie is approximately 3.7 square kilometres. It has 5 parks covering nearly 6.0% of 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 11,889 properties. Over the last 5 years, Houses in Carnegie have seen a 14.68% increase in median value, while Units have seen a 2.68% increase. As at 31 December 2025:

  • The median value for Houses in Carnegie is $1,723,426 while the median value for Units is $652,067.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 22 properties listed for sale, and 19 properties listed for rent in Carnegie on OnTheHouse. According to Cotality's data, 596 properties were sold in the past 12 months in Carnegie.

Suburb Insights for Carnegie 3163

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.