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

47 Koornang Road
Carnegie VIC 3163

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 219m2
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Property Details for 47 Koornang Rd, Carnegie

Building Type
Commercial
Land Size
219m2
Local Government
Glen Eira
Lot/Plan
4/LP13962

Last Listing description (June 2022)

Fitzroys is delighted to offer 47 Koornang Road, Carnegie for sale as part of its "Melbourne Retail Portfolio Auction" on Thursday 23rd June at Leonda By The Yarra, Hawthorn at 11am.

Key attributes:

- Former restaurant premises offered with vacant possession

- Positioned directly opposite entrance to Carnegie Railway Station
- Land Area: 219sqm* .
- Two storey building of 160sqm*
- Includes rear access via right of way from Rosstown Road
- Suited to a variety of uses (stca)
- Commercial 1 zoning
- Underutilised site with land at the rear providing excellent scope for further development (stca)
- Surrounded by leading major retailers including Woolworths, Aldi, Chemist Warehouse and a host of well-regarded eateries
- Within surging activity centre underpinned by various new high rise residential towers nearby and others in various stages of planning and development
- Rare, affordable opportunity in one of Melbourne's most successful and tightly held shopping strips

FOR SALE BY PUBLIC AUCTION AT LEONDA BY THE YARRA, HAWTHORN, THURSDAY 23RD JUNE COMMENCING 11.00AM

*approx.

Property History for 47 Koornang Rd, Carnegie, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$1,265,000
23 Jun 2022
  • 23 Jun 2022
    Sold for $1,265,000
  • 23 Jun 2022
    Sold for $1,265,000
  • 28 May 2022
    Listed for Sale Contact Agent
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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, 583 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.