Carlton is Melbourne's quintessential university suburb — a vibrant inner precinct of 13,000 residents centred on the University of Melbourne's sandstone campus, where Lygon Street's famous Italian restaurant strip, the Melbourne Museum, and Carlton Gardens (a UNESCO World Heritage Site) create one of Australia's most culturally rich urban environments. Its consistent student and academic rental demand, sub-$620K unit entry prices, and 5-minute walk to CBD deliver exceptional investment fundamentals in one of the world's most liveable cities. At the current $1.2m median house price, an 80% loan at 6.25% over 30 years is about $5,911 per month.
| Median house price | $1,200,000 |
|---|---|
| Median unit price | $620,000 |
| Estimated monthly repayment | $5,911 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.5% |
| Gross rental yield | 4% |
| Typical days on market | 18 |
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