48 Grange Rd, Carnegie is a 5 bedroom, 4 bathroom House with 1 parking spaces. The property has a land size of 850m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 5 bedroom House sold in Carnegie in the last 12 months.
On the market for the first time in over 50 years, this solid brick family masterpiece represents a rare opportunity to secure one of Carnegies largest corner blocks. Positioned on the corner of Munster Avenue, one of the most sought-after streets in Carnegie, this impeccably maintained and timeless five-bedroom, three-ensuite residence is perfectly poised for the next family to call it home.
Framed by European-inspired architecture, including grand Corinthian columns and arched entryways, they simply don't build homes like this anymore. With multiple living zones and an expansive backyard, it provides endless space to grow, entertain, and create lasting memories.
Set on a rare 850m corner allotment, this property offers the scope to renovate, extend, or redevelop (STCA), ensuring it remains as adaptable as the families who will make it their own.
Key Features Include:
-Expansive land & development potential A rare 850sqm (approx.) corner block with scope to renovate, extend, or redevelop (STCA).
-Sustainable & secure 24 solar panels, central heating, an alarm system, and roller shutters for efficiency and peace of mind.
-Multiple living zones for the family Five generous bedrooms (three with ensuites) and multiple living zones, including a formal lounge, an upstairs rumpus area and a dining area with bespoke architectural details.
-Indoor-outdoor entertaining A spacious kitchen with gas cooking and abundant cabinetry, flowing to a covered alfresco with a built-in woodfire BBQ/kitchen, all overlooking a lush backyard with veggie patches, mature trees, and a rainwater tank.
-Quality & craftsmanship Solid brick construction, multiple sheds and garage with extra storage, and European-inspired architectural features like Corinthian columns and arched entryways.
Prime Location:
-10min walk to 67 tram route (city route, straight to Melbourne University)
-1min drive to Monash University (Caulfield Campus, 800m) or a 10-minute walk
-3min drive to Carnegie Train Station (1.1km) or a 15-minute walk
-3min drive to Koornang Road shopping and dining precinct (2km)
-5min drive to Chadstone Shopping Centre (3.2km)
Surrounded by quality schools:
-6min walk to St Anthonys Primary School (400m)
-3min drive to Carnegie Primary School (1.3km) or a 15-minute walk
-2min drive to Glen Eira College (1.2km) or a 15-minute walk
This home is more than just a propertyits a place where generations of memories have been made, and its now waiting for the next family to make it their own. Whether youre looking for a forever home, a premium investment, or a development opportunity (STCA), this grand family residence offers unmatched space, character, and potential in one of Carnegies most sought-after locations.
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Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
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 11,887 properties. Over the last 5 years, Houses in Carnegie have seen a 16.19% increase in median value, while Units have seen a 3.02% increase. As at 30 November 2025:
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