Glen Eira · 3163
Carnegie, VIC
listings tightening 6.0% YoY, population +7.8% (5y).
NextSuburb scoreTier C
49Average
Median house
$1.83M
5y growth
6.9%/yr
Gross yield
1.1%
Vacancy
1.4%
Stable but fully pricedHigh confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)6.9%/yr69/100
- Population growth+7.8% (5y)78/100
- Supply tightening-6.0% YoY80/100
- Rental yield1.1%22/100
- Rental demand1.4% vacancy65/100
- Income growth+19.0% (5y)76/100
- Construction pipelineno nearby pipeline0/100
- Affordabilityabove cap0/100
Why this score
Carnegie scores 49/100 (Average). The two strongest signals: 7.8% population growth over five years and 19.0% income growth. The standout watch-out: the median is 122% of a typical budget.
Drivers
- Supply tightening-6.0% YoY
- Population growth+7.8% (5y)
- Income growth+19.0% (5y)
- Capital growth6.9%/yr
Risks
- At top of budget (122% of cap)
- Thin gross yield (1.1%)
Nearest infrastructure
Suburban Rail Loop East — Clayton6.8 km away
Construction · $5.0bn · completion 2035
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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