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
411/127-133 Leicester St, Carlton1PriceApartmentPrivate Sale25/03/2026Woodards
5108/570 Lygon St, Carlton1PriceApartmentPrivate Sale20/03/2026Nelson AlexanderView
25/35 Lytton St, Carlton2PriceApartmentPrivate Sale17/03/2026Nelson AlexanderView

Sales data

Median sale price
$1.4mil
Quarterly price change
-14.1%
Metro Melbourne Comparison
$992k
1.9%
BedroomsCarltonMetro comparison
2$1,241,000$950,000
3$1,761,500$863,000
4$2,085,000$980,500
InsightCarltonMetro comparison
Clearance rate40%74.9%
Days on market4437

Rental data

Median weekly rent
$895
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.1%
BedroomsCarltonMetro comparison
2$725$595
3$950$550
4$1,290$595
Median data for the current quarter
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