2/95 Oakleigh Road, Carnegie VIC 3163

2 bed, 1 bath unit | Carnegie school zone | 146sqm land | tight residential pocket The property presents a compelling entry point into Carnegie’s tightly held residential market, largely because of its school zoning to Carnegie Primary and Glen Eira College, which directly strengthens buyer demand and resale velocity. The compact 146sqm land component is rare for a unit in this pocket and offers a low-maintenance footprint that appeals equally to first-home buyers and downsizers, while the absence of bushfire, flood, or heritage overlays removes common approval friction. The estimated rental yield of 4.4 to 4.7 percent signals strong investor interest, but the property is best suited to an owner-occupier who values location and school access over internal size. The main risk is the unresolved bathroom count discrepancy—one source shows two bathrooms, which would materially lift value, but the preferred data confirms a single bathroom, so buyers should verify on inspection and factor that into negotiation. The $700,000 to $750,000 price range sits below the estimated $789,000 valuation, suggesting a potential entry discount, though the competing $750,000 to $800,000 range indicates seller expectations may be higher. The property is best held as a long-term owner-occupied home or a stable rental holding, with capital growth driven by school demand and limited local supply rather than renovation upside.