Market snapshot
Suburb insights for Carlton3053
Change suburbCarlton 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 15 Drummond St, Carlton | 4 |  | House | Passed in Vendor Bid | 19/12/2025 | Nelson Alexander | View |
| 41 Nicholson St, Carlton | 2 |  | House | Auction Sale | 19/12/2025 | Ray White Bundoora | View |
| 11/422-432 Cardigan St, Carlton | 1 |  | Apartment | Private Sale | 23/11/2025 | Nelson Alexander | View |
| 405A/640 Swanston St, Carlton | 1 |  | Apartment | Private Sale | 24/11/2025 | Nelson Alexander | View |
Sales data
Median sale price
$1.6mil
Quarterly price change
-9.5%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Carlton | Metro comparison |
|---|---|---|
| 2 | $1,125,000 | $910,000 |
| 3 | $1,559,000 | $830,000 |
| 4 | - | $951,500 |
| Insight | Carlton | Metro comparison |
|---|---|---|
| Clearance rate | 81.8% | 81.4% |
| Days on market | 43 | 36 |
Rental data
Median weekly rent
$750
Rental yield
2.8%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Carlton | Metro comparison |
|---|---|---|
| 2 | $675 | $580 |
| 3 | $868 | $550 |
| 4 | $1,175 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.