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 |
|---|---|---|---|---|---|---|---|
| 37/438 Cardigan St, Carlton | 2 |  | Unit | Private Sale | 17/12/2025 | Nelson Alexander |
Sales data
Median sale price
$1.5mil
Quarterly price change
7.3%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Carlton | Metro comparison |
|---|---|---|
| 2 | $1,206,000 | $940,000 |
| 3 | $1,757,500 | $851,000 |
| 4 | $2,085,000 | $970,000 |
| Insight | Carlton | Metro comparison |
|---|---|---|
| Clearance rate | 64.9% | 77.8% |
| Days on market | 43.5 | 36 |
Rental data
Median weekly rent
$750
Rental yield
2.6%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Carlton | Metro comparison |
|---|---|---|
| 2 | $690 | $585 |
| 3 | $900 | $550 |
| 4 | $1,250 | $600 |
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