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 |
|---|---|---|---|---|---|---|---|
| 601/77 Cardigan St, Carlton | 1 |  | Apartment | Auction Sale | 15/08/2025 | Lemon Baxter | |
| 3/2 Drummond St, Carlton | 2 |  | Apartment | Sold Before Auction | 4/08/2025 | Nelson Alexander | View |
| 3 Chummie Pl, Carlton | 3 | | Townhouse | Sold Before Auction | 31/07/2025 | Nelson Alexander | View |
Sales data
Median sale price
$1.8mil
Quarterly price change
38.7%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Carlton | Metro comparison |
|---|---|---|
| 2 | $1,065,500 | $890,000 |
| 3 | $1,539,500 | $815,000 |
| 4 | - | $950,000 |
| Insight | Carlton | Metro comparison |
|---|---|---|
| Clearance rate | 57.1% | 79.5% |
| Days on market | 43 | 39 |
Rental data
Median weekly rent
$750
Rental yield
2.8%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Carlton | Metro comparison |
|---|---|---|
| 2 | $650 | $580 |
| 3 | $875 | $550 |
| 4 | $1,090 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.