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VIC › Carnegie › Kokaribb Rd

U9, 45 Kokaribb Rd, Carnegie VIC 3163

For saleTownhouse

$1,199,000–$1,299,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

225 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,199,000–$1,299,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,199,000–$1,299,000(Listing record · 27 Aug 2026)
  • FactLand 225 m²; no building size recorded.(Property record)
  • CalculationAsk is 29% below the Carnegie median recorded sale ($1,692,500, n=24, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Carnegie's advertised median rent ($542/wk), implied gross yield would be 2.35% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,199,000–$1,299,000

Asking range · $5,329/m² of land

No recorded sale for this property.

Carnegie at a glance

20,586

People

$1,692,500

Median sale

$542/wk

Median rent

1.67%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Carnegie report →

Vs Carnegie

-29.2%

Median sale

Suburb $1,692,500

+0.68 pp

Gross yield

Suburb 1.67%

Suburb median $1,692,500 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,199,000
Stamp Duty (Victoria)
$65,945
Transfer/Registration Fee
$2,910
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,271,555

$72,555 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Carnegie's advertised median rent — not a rent for this listing.

Net yield
0.85%
Annual cashflow (pre-tax)
$-52,149
Interest cover (DSCR)
0.16
Annual rent
$28,184
Operating expenses
$17,985
Loan amount
$959,200
Annual interest
$62,348
Gross yield
2.35%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,199,000–$1,299,000available27 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $542/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Carnegie in one glance

Carnegie at a glance

20,586

People

$1,692,500

Median sale

$542/wk

Median rent

1.67%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Carnegie report →

Keep researching

  • Why Carnegie? Read the area thesis →
  • What else is on the market in Carnegie →
  • Other records on Kokaribb Rd →

Listing material

Listed by Bricks and Mortar RE

Architectural Excellence with Extraordinary House-Like Proportions. 225sqm of Luxury in the Heart of Carnegie!

Delivering an extraordinary level of space, sophistication and architectural refinement rarely seen in modern townhouse living, this remarkable residence within The Clarendon Collection redefines contemporary family living in the heart of Carnegie.

Designed by renowned IN SITU Architects, this architecturally crafted three-bedroom residence offers an incredible 225sqm of space, combining genuine house-like proportions with refined design, exceptional functionality and low-maintenance luxury.

Beyond the striking modern façade, engineered timber flooring, expansive glazing, upgraded feature lighting and sheer curtains create a warm and inviting atmosphere throughout. At the heart of the home, the expansive open-plan living and dining domain is framed by an impressive five-metre wall of glass, allowing beautiful natural light to fill the residence while creating a seamless connection with the private rear garden.

Read the full description

Bathed in the morning sun, the backyard provides a peaceful and private setting for entertaining family and friends, enjoying a quiet coffee or simply relaxing outdoors. The effortless connection between the indoor and outdoor living spaces creates a wonderfully open environment and delivers the flexibility so highly sought after in contemporary family living.

The gourmet kitchen has been crafted to an exceptional standard, anchored by an impressive 3m island bench with a double sink, providing an outstanding central gathering point for everyday family life and entertaining. Premium integrated Miele appliances are complemented by extensive cabinetry, a double pantry and a dedicated broom cupboard, ensuring there is an exceptional amount of practical storage.

Elegant natural finishes, refined joinery and thoughtful detailing combine to create a kitchen that is as functional as it is visually striking. Upgraded feature lighting further elevates the space, creating a sophisticated atmosphere and highlighting the quality of the home’s carefully considered interiors.

Accommodation is equally impressive, with all three bedrooms enhanced by soaring cathedral ceilings, generous proportions and large built-in robes. Beautiful 100% wool carpets bring softness and warmth to the private accommodation, while sheer curtains add another layer of elegance throughout the residence.

Each bedroom also features its own ceiling fan and individual split-system heating and cooling, allowing every member of the household to control their comfort throughout the seasons. Television, data and aerial connections have been installed in every bedroom, providing exceptional flexibility for families, guests or those wishing to establish an additional home office or private retreat.

Further enhancing the home’s functionality is hotel-style integrated air conditioning through the main living areas, together with video intercom entry and an extraordinary amount of additional upstairs storage and cupboard space, an inclusion rarely found in modern townhouse living.

The bathrooms have been carefully curated as luxurious private retreats, featuring elegant textures, frameless showers, concealed toilets and refined finishes. A beautifully positioned skylight introduces natural light from above, enhancing the calm, hotel-inspired atmosphere and reinforcing the architectural attention to detail evident throughout the residence.

Car accommodation is another outstanding feature, with an oversized double lock-up garage measuring approximately five metres by seven metres. This exceptional space provides comfortable accommodation for two vehicles while also allowing valuable additional room for bicycles, equipment and further storage.

The residence also demonstrates an impressive commitment to sustainable living, with an outstanding 8-Star NatHERS rating, a 5kW solar system, all-electric living with no gas connection, an individual hot-water heat pump and provision for electric vehicle charging. These carefully considered features help reduce ongoing running costs while supporting a more environmentally conscious lifestyle.

Low owner’s corporation fees further enhance the property’s long-term appeal, making this an exceptional opportunity for families, professionals and downsizers seeking architectural quality, generous proportions and everyday convenience without the maintenance demands of a traditional home.

Perfectly positioned moments from Carnegie Primary School, Monash University, Chadstone Shopping Centre, Carnegie Train Station and the renowned Koornang Road café and dining precinct, this exceptional residence delivers a lifestyle of luxury, connectivity and lasting quality within one of Melbourne’s most tightly held suburbs.

The team and I look forward to welcoming you to one of our upcoming open for inspections. If you are unable to attend, please do not hesitate to contact us directly to arrange a private appointment.

Sahil Bhasin – 0403 630 215

Listing description written by Sahil Bhasin, Bricks and Mortar RE — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Grey Water System
  • Intercom
  • Outdoor Entertaining
  • Pay TV
  • Pet-Friendly
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Hot Water
  • Solar Panels
  • Study
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.