2/95 Oakleigh Road, Carnegie VIC 3163

2/95 Oakleigh Road, Carnegie VIC 3163
2-bed unit Carnegie | 146sqm lot | single car space | established low-rise block This unit offers an uncommon combination of a 146sqm lot within a low-rise block, giving it a footprint advantage over newer apartments in the area. The 2-bedroom layout with single parking suits owner-occupiers seeking space without strata complexity, or investors targeting stable rental demand along Oakleigh Roadโ€™s transport corridor. Its position in an older complex means lower body corporate fees and less competition from off-plan supply, which strengthens resale defensibility. The primary risk is the propertyโ€™s ageโ€”recorded since 2001, it may require near-term capital works for common areas, and the absence of modern amenities like air conditioning or FTTP could narrow the buyer pool. However, the lot size presents an opportunity: if zoning permits, future redevelopment or extension could unlock value for a patient buyer. Hold this unit as a long-term residential investment or owner-occupied base, and monitor council planning for density changes along Oakleigh Road.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/95 Oakleigh Road, Carnegie VIC 3163
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Market Insight:

Carnegie is a highly sought-after inner-south suburb, prized for its proximity to the city, vibrant local precinct, and excellent transport links. Demand is consistently strong, driven by buyers seeking established amenity and diverse housing options. While the house market shows modest recent growth, the unit segment has demonstrated notable strength. Future appeal is underpinned by its established infrastructure, though high price points relative to the broader Melbourne market present a key affordability constraint, particularly in the current interest rate environment.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

146mยฒ

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