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 |
|---|---|---|---|---|---|---|---|
| 212 Drummond St, Carlton | 4 |  | House | Passed in Vendor Bid | 31/07/2026 | Nelson Alexander | View |
| 56/422 Cardigan St, Carlton | 3 |  | Apartment | Sold Before Auction | 20/07/2026 | Nelson Alexander | View |
| 205 Palmerston St, Carlton | 3 |  | House | Private Sale | 12/07/2026 | Nelson Alexander | |
| 502/555 Swanston St, Carlton | 2 |  | Apartment | Private Sale | 16/07/2026 | Mcgrath | View |
| 805/668 Swanston St, Carlton | 3 | | Apartment | Private Sale | 10/07/2026 | Nelson Alexander | View |
Sales data
Median sale price
$1.2mil
Quarterly price change
-8.8%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Carlton | Metro comparison |
|---|---|---|
| 2 | $1,217,500 | $950,000 |
| 3 | $1,755,000 | $872,000 |
| 4 | - | $990,000 |
| Insight | Carlton | Metro comparison |
|---|---|---|
| Clearance rate | 54.5% | 68.8% |
| Days on market | 42 | 42 |
Rental data
Median weekly rent
$895
Rental yield
3.3%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Carlton | Metro comparison |
|---|---|---|
| 2 | $790 | $600 |
| 3 | $950 | $560 |
| 4 | $1,295 | $600 |
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