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 |
|---|---|---|---|---|---|---|---|
| 3/53-57 Pelham St, Carlton | 2 |  | Townhouse | Auction Sale | 24/10/2025 | Nelson Alexander | View |
| 407 Cardigan St, Carlton | 2 |  | House | Sold Before Auction | 23/10/2025 | Harrington Earl Clifton Hill | |
| 36/75 Drummond St, Carlton | 2 |  | Apartment | Private Sale | 13/10/2025 | MICM Real Estate | View |
| 224 Elgin St, Carlton | 2 |  | Apartment | Private Sale | 30/09/2025 | Buxton - Cayzer Port Melbourne | |
| 18-24 Astor Pl, Carlton | 6 |  | House | Passed in at Auction | 24/10/2025 | Nelson Alexander | View |
| 3 Union Pl, Carlton | 2 | | House | Auction Sale | 24/10/2025 | Nelson Alexander | View |
| 4 Hyam Pl, Carlton | 3 | | House | Sold Before Auction | 17/10/2025 | Nelson Alexander | View |
| 162 Canning St, Carlton | 3 | | House | Sold Before Auction | 16/10/2025 | Nelson Alexander | View |
| 117 Drummond St, Carlton | 3 | | House | Private Sale | 12/10/2025 | Nelson Alexander | |
| 313 Rathdowne St, Carlton | 2 | | House | Sold Before Auction | 28/09/2025 | Nelson Alexander |
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 |
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