Back 5 Margaret Street
Off Market

5 Margaret Street

Carnegie VIC 3163

3
1
2
470 m²
House
Last sold for $1,650,000
Ari LevinAri Levin, last sold this property on 20 March 2026 after 16 days on market.

Overview

Ready for a Family in the Heart of Carnegie

Holding pride of place in what is arguably one of Carnegie's premier streets - where period character, lifestyle ease and future potential converge - this renovated 4 bedroom home is ready to be enjoyed in a location that allows you to walk easily to all the highlights of Koornang Road, as well as the more sedate charms of Murrumbeena Village. Set on a deep 470 square metres (approx.) allotment with scope for extension or reimagination (STCA), this is a home for today with some excellent longer-term scope as well. From the moment you enter, polished hardwood flooring and a bright white colour palette set a welcoming tone to the home, anchoring it with richness and authenticity as it flows to reveal a generous dining / living room where northern light pours in and garden outlooks soften every line. Underpinned by a stone-topped kitchen with a stainless steel Ilve oven, a Bosch dishwasher and a waterfall-edged breakfast bar that is designed for connection with the kids in the morning rush hour or with friends for an evening unwind. Beyond, a paved undercover entertaining area seamlessly extends into a backyard that is attractively manicured to present the perfect blank canvas to ignite the interest of families, investors or visionaries looking to capitalise on the landholding. Adding a layer of flexibility, the independently accessed 4th bedroom can readily be used as a home office, guest retreat, rumpus or even potential self-contained in-law accommodation (STCA). It's the kind of adaptability that speaks to modern living. Behind an appealing rendered brick façade, established gardens and an attractively paved driveway with gated parking for 2 vehicles, the home creates a pretty-as-a-picture street presence, perfectly in line with the character of the street and is accessed by secure intercom entry as well as a security door. Further highlights include built-in robes in each of the 3 primary bedrooms, an independent bathtub in the bathroom, separate wc, a laundry and a security alarm, as well as ducted heating and split system air conditioning. This is a home that rewards with both heart and foresight, in the zone for Carnegie Primary School and Glen Eira Secondary College, just moments from Kilvington Grammar School and within easy reach of even more private schools, by tram or train from Carnegie Railway Station. Yours is the opportunity, also, to enjoy a thriving local café scene with countless restaurants, bougee little bars and plenty of shopping at your disposal, while Koornang Park, Lord Reserve, the Carnegie Memorial Swimming Pool and GESAC are also nearby.

Features

3 bedrooms
1 bathroom
2 carspaces
470 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Carnegie over the last 12 months, the estimated median property value of 5 Margaret Street is $1.65m.

Median value
$1.65m
Estimated value range
$1.05m - $2.18m
Median days on market
25
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Carnegie. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Margaret Street

2026
Sold
$1,650,000
Sold Before Auction on 20 Mar 2026 by Ari Levin, of Slater & Levin
2021
Rented
Undisclosed
Leased on 30 Nov 2021 by Jellis Craig Bayside Glen Eira – Brighton
2011
Sold
Undisclosed
Auction Sale on 07 Mar 2011

Happy sellers in Carnegie

88%
88% of sellers in Carnegie reported that their sale price either exceeded or met their price expectations.

Carnegie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Carnegie over the last 12 months.

Local market activity for 3 bedroom houses in Carnegie

In the last 12 months, 41 three-bedroom houses similar to 5 Margaret Street, have been sold.

This represents a 17% increase in three-bedroom houses sales when compared to the previous 12 months.

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