110/33 Belsize Avenue, Carnegie VIC 3163

110/33 Belsize Avenue, Carnegie VIC 3163
2 bed apartment in low-rise block| Sunny west-facing balcony| 1357m² lot share| Walk to station & cafes. This two-bedroom apartment on a 1357sqm lot share in a 28-unit low-rise building suits downsizers or young professionals seeking low-maintenance living near urban amenities. Positioned on level one, it delivers practical everyday space with its west-facing balcony capturing afternoon light and leafy views, ideal for relaxed outdoor moments without the upkeep of a house. The generous lot allocation per unit underscores a development that prioritised breathing room over density, setting it apart from tighter high-rise complexes nearby. In this pocket off Neerim Road, it blends quiet residential calm with Carnegie’s vibrant strip just a short walk away, appealing to buyers who value convenience without street noise. Professionals and couples drawn to similar units here often prioritise the secure parking and modern internals like split systems and intercom for effortless city access. Comparable low-rise apartments in the area maintain steady demand, holding value through reliable rental yields around 5% amid suburb fluctuations. Its zoning in Glen Eira with school catchments adds subtle family crossover appeal, even for child-free owners. Lacking overlays for flood or bushfire, it offers reassuring long-term stability in a market favouring resilient assets. Over time, the building’s modest scale should preserve appeal as Carnegie evolves, buffering against oversupply risks in denser towers.

Market Insight:

Carnegie has undergone strong gentrification attracting professionals and young families seeking inner-south-east living. Housing prices frequently exceed $1.3M due to proximity to the CBD and vibrant retail precincts along Koornang Road. Strong transport connectivity and redevelopment continue to drive demand. Limited land supply supports long-term value growth.

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

Built

Recent Assessments