Market snapshot

Suburb insights for Carlton3053

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Carlton is a culturally rich inner-city neighborhood just north of Melbourne’s CBD, famed for its “Little Italy” along Lygon Street and its vibrant café culture. The suburb combines historic Victorian architecture, tree-lined garden squares, and world heritage sites, such as the Royal Exhibition Building and Carlton Gardens. Carlton is home to a large student and academic population, thanks to its proximity to the University of Melbourne and RMIT, which fuels a dynamic mix of restaurants, cinemas, and cultural venues.

Recent sales and auction results in Carlton

AddressBedroomsPriceTypeMethodSale DateAgentListing
17/264 Drummond St, Carlton1PriceApartmentPassed in at Auction5/12/2025Craig Patterson Real Estate
17/259-277 Nicholson St, Carlton3PriceApartmentAuction Sale5/12/2025Belle Property Carlton & MelbourneView
238 Drummond St, Carlton4PriceHousePassed in at Auction3/12/2025Jellis CraigView
153 Faraday St, Carlton2PriceHousePassed in Vendor Bid5/12/2025Belle Property Carlton & MelbourneView
85 Kay St, Carlton3PriceHouseAuction Sale5/12/2025Nelson AlexanderView
349 Cardigan St, Carlton2PriceHousePrivate Sale23/11/2025Belle Property Carlton & MelbourneView

Sales data

Median sale price
$1.6mil
Quarterly price change
-9.5%
Metro Melbourne Comparison
$955k
2.7%
BedroomsCarltonMetro comparison
2$1,125,000$910,000
3$1,559,000$830,000
4-$951,500
InsightCarltonMetro comparison
Clearance rate81.8%81.4%
Days on market4336

Rental data

Median weekly rent
$750
Rental yield
2.8%
Metro Melbourne Comparison
$580
3.3%
BedroomsCarltonMetro comparison
2$675$580
3$868$550
4$1,175$600
Median data for the current quarter

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