44A Truganini Road, Carnegie VIC 3163

4-bedroom house | Carnegie primary school zone | flood overlay flagged | auction 16 May | 1.5km to Glen Eira College This property is positioned to capture a specific buyer segment: families seeking a four-bedroom house in the Carnegie primary school catchment with a 319m² lot that allows 59% building coverage, which is relatively efficient for the area. The estimated value range of $1.62m to $2.14m suggests the asking price sits below the central estimate, creating a potential entry point for buyers who can act decisively. The 76% auction clearance rate in Carnegie supports demand, and the property’s ground elevation of 44m with no heritage or bushfire overlays reduces structural complications. The flood overlay is the primary risk, likely affecting insurance premiums and may limit certain renovations or extensions, which a buyer should verify with council overlays before bidding. Rental income potential of $1,300 per week offers a fallback if plans change, and the NBN Hybrid Fibre Coaxial connection is adequate for most households. This property suits a buyer who values school proximity and is comfortable managing flood overlay due diligence, holding it as a long-term family home rather than a quick flip.