A golden opportunity on a north-facing, corner allotment of 575 square metres, this much-loved, 3 bedroom 1930s Art Deco classic comes with pre-approved plans to construct 3, family-sized, executive townhouses. While renovators will note the current home's exquisite period character, developers will quickly calculate the benefits of hassle-free multi-residential redevelopment between the charms of Murrumbeena Village and the action of Koornang Rd's renowned restaurant scene.
Plans have been approved for 3 premium quality townhouses that are certain to attract attention 2 with 4 bedrooms and the third with 3 bedrooms all with master bedroom ensuites (indeed, one home with 2 ensuites), studies and double garages. Exactly what the market is currently demanding in this most discerning neighbourhood, the homes will cater beautifully to working and schooling from home, if needed, and all will offer the opportunity to customise the interior appointments.
This is a wonderful location of enduring market appeal, that allows you to just wander around the corner to Murrumbeena's peaceful caf scene and city-bound trains from Murrumbeena Railway Station, while the cosmopolitan vibrancy of Koornang Rd is also nearby with an incredible diversity of dining options, plus you have Chadstone Shopping Centre just a few minutes away as well.
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:
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