The house at no. 32 Queens Avenue, Carnegie, was built in 1888 and formed one of an identical pair since demolished. It was built for and formed part of a land development scheme undertaken by one of Sir Matthew Davies greup of speculative companies known as the Freehold Investment and Banking Company of Australia Ltd. It is historically and aesthetically important.
It is historically important (Criterion A) as a rare surviving (Criterion B)
It is aesthetically important (Criterion E) as an unusual terraced building form in Glen Eira that stands apart from its neighbours which were built predominantly after the tum of the twentieth century and which is further distinguished by the cast cement ornamentation applied to the central porch.