Pulling the latest suburb data
Crunching safety, prices and growth — this takes a moment for suburbs we haven't loaded recently.
Crunching safety, prices and growth — this takes a moment for suburbs we haven't loaded recently.
Glen Eira LGA · VIC
Signal · Worth a look
For an investor,
A read of Carnegie's fundamentals as they stand — not a price forecast. The scorecard below rates each factor so you can weigh the ones that matter to you.
The draw is fair growth (+17% / ~5 yrs); the watch-out is weak infrastructure (3 LGA projects · ~$48M).
A balanced profile — match it against the dimensions you weight most.
Suburb highlights
Carnegie ranks 3rd of 6 among its Glen Eira peers on the Suburb Score for a balanced buyer.
| Suburb | Median | 5-yr growth | Yield | Safety |
|---|---|---|---|---|
| Ormond | $1.85m | +17% | 2.4% | Above average |
| McKinnon | $1.81m | +8% | 2.9% | Above average |
| CarnegieThis suburb | $1.66m | +17% | 2.5% | Around average |
What could go wrong
Prices eased 2.1% over the year — strong +92% over the longer run.
By bedroom 2-bed $948k · 3-bed $1.38m · 4-bed $1.86m · 5-bed $2.27m
Tight rental market — landlords have the upper hand.
New approvals are running below local demand — a supply gap that supports prices and rents.
Sells faster than the VIC median — a competitive market for buyers.
Population growth is the clearest leading indicator of housing demand. Carnegie grew +14% between 2015 and 2025, and is projected +21% more by 2036.
A comparative guide, not a household-level stress rate.
The report goes the next mile — your numbers run on the Carnegie median, tuned to your goal, in one document to take to inspections.
Established, premium market — 42/100 on growth-and-yield fundamentals. Blue-chip prices come with lower yields and slower growth — the trade-off for stability, not weak fundamentals.
Adjust the basics and see the headline return update live.
Our verdict
Hard to justify for a balanced focusEvery figure on Carnegie's page comes from free, public government data — no scraped listings. Some datasets carry a reporting lag (e.g. Census is 2021, ABS releases settle a quarter behind), so read them as a considered starting point, not live quotes.
Ask PropSignal AI about prices, yields and growth, or compare it with your shortlist. Free.
Indicative only; not financial or safety advice.