If you've considered investing in real estate in Carnegie, then a recent report measuring the suburb's 'walkability' may compel you to start looking at houses in the area.
The Wonderful Workability report, recently released by The Secret Agent, assessed the walkability of Melbourne suburbs. Carnegie picked up a Walk Score of 75 out of 100, placing it as a 'very walkable' suburb. The area also made the cut in Melbourne's top 50 walkable neighbourhoods.
Walkable neighbourhoods are characterised as having a centre, such as a main street, with a mix of businesses and housing, workplaces, schools and streets designed for cyclists, pedestrians and cars.
Most errands can be completed on foot in Carnegie, with residents able to walk to an average of two restaurants, bars and coffee shops in five minutes.
Walkable suburbs can be especially attractive to families who want to be able to get around to schools and shops easily, without having to use the car.
Investing in Carnegie real estate may also be a wise move for the future, with the study's results showing a positive correlation between a neighbourhood's Walk Score and median sale price. The top ten most expensive suburbs in Melbourne were found to have a Walk Score of no less than 71.
Get in touch with Matthew Hurlston at Ray White Carnegie to start your property search.