FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Carnegie, Victoria 6.4 out of 10 (Workhorse Investment) as of May 2026.
Carnegie represents a reliable workhorse investment with consistent 6% annual price growth, underpinned by its strategic 12km proximity to the CBD which drives demand from professionals. Despite a modest 2.6% gross yield, the suburb maintains a low 1.8% vacancy rate and robust demand, signaling strong capital appreciation potential.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Carnegie, Victoria 6.4 out of 10 (Workhorse Investment) as of May 2026. Carnegie represents a reliable workhorse investment with consistent 6% annual price growth, underpinned by its strategic 12km proximity to the CBD which drives demand from professionals. Despite a modest 2.6% gross yield, the suburb maintains a low 1.8% vacancy rate and robust demand, signaling strong capital appreciation potential.
The median house price in Carnegie, VIC is $1.45M. Weekly rent of $720 against a 2.6% gross yield underpins this figure.
Carnegie has a gross rental yield of 2.6%, with a median weekly rent of $720. 12-month price growth is tracking at +6.0%.
Based on its market signals, Carnegie aligns with: Defensive Hold.