Carlton (VIC 3053): property prices & suburb profile

Melbourne LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Carlton · VIC 3053 · typical house price · 12 months to 2025-Q4
$1,542,000+36.3%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (65 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$1,542,000
65 sales over 4 quarters
Typical unit price
$348,000
12 months to 2025-Q4, 513 sales
Sales in the last year
578
houses + units
SEIFA advantage decile
9 of 10
Carlton
Schools in the suburb
2
ACARA registered

Carlton property prices

The typical Carlton house sold for around $1,542,000 in the year to 2025-Q4, +36.3% over 10 years and +6.3% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
+12.9%
-6.9%
+6.3%
+36.3%
Units
-20.7%
-20.0%
-1.9%
-8.1%

Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
316k681k1.05M1.41M1.78M20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$1,002,500$410,000
2014$1,020,000$445,000
2015$830,000$543,000
2016$1,050,000$530,500
2017$1,470,000$422,500
2018$1,625,000$429,000
2019$1,308,000$417,000
2020$1,452,500$340,000
2021$1,492,500$511,000
2022$1,512,500$435,000
2023$1,500,000$395,000
2024$1,390,000$409,000
Apr 2024$1,421,000$415,000
July 2024$1,545,000$412,000
Oct 2024$1,175,000$460,000
2025$1,360,000$357,000
Apr 2025$1,692,500$332,500
July 2025$1,350,000$337,500
Oct 2025$1,690,000$360,000
  • Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Carlton medians by quarter

The most recent quarter on record for Carlton is 2025-Q4.

Carlton medians by quarter
2025-Q4Unit$360k148
2025-Q4House$1.69M24
2025-Q3Unit$338k125
2025-Q3House$1.35M11
2025-Q2Unit$333k116
2025-Q2House$1.69M12
2025-Q1Unit$357k124
2025-Q1House$1.36M18
2024-Q4Unit$460k114
2024-Q4House$1.18M14
2024-Q3Unit$412k91
2024-Q3House$1.54M
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Carlton

Carlton has a median age of 27 and a median household income of $1,292 a week.

Population (Carlton)
16,055
Median age (Carlton)
27 years
Median household income (Carlton)
$1,292/wk
People per square kilometre
9,056
Average taxable income (postcode, 2023)
$59,093
SEIFA advantage decile (Carlton)
9 of 10
Addresses in the suburb (G-NAF)
29,440
Rooftop solar installs, 12 months (postcode)
11
How Carlton homes are held
Owned outright
13.3% · 922
Owned with a mortgage
10.0% · 695
Rented
72.3% · 5,004
Carlton homes by bedroom count
1 bedroom or studio
32.8% · 2,234
2 bedrooms
47.6% · 3,245
3 bedrooms
14.7% · 1,004
4 bedrooms
3.5% · 241
5 or more
1.3% · 89
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
9 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
3 of 10
Economic resources (IER)from household income, wealth and housing costs
1 of 10
Education and occupation (IEO)from qualifications and skilled work
10 of 10
  • Figures labelled Carlton are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Carlton" and postcode 3053 both extend beyond Carlton.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Carlton

The 2 schools in Carlton sit at the 60th percentile nationally on ACARA's socio-educational index.

Schools located in Carlton
Carlton Gardens Primary SchoolGovernmentPrimary1,133
Carlton Primary SchoolGovernmentPrimary957
Median school percentile nationally · ICSEA score
Carlton · 2 schools
60th · 1045
Melbourne LGA
92nd · 1133
Melbourne Inner
94th · 1142
VIC
60th · 1030
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Carlton

Carlton's typical house price of $1,542,000 is the 15th highest of the 22 Melbourne Inner suburbs we cover.

All Melbourne Inner suburb research

Carlton: common questions

How much does a house cost in Carlton?
About $1,542,000 across the 12 months to 2025-Q4, from 65 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
Have Carlton prices gone up?
Prices have risen 36.3% over 10 years and moved +6.3% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
What do units cost in Carlton?
The typical unit price was around $348,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 513 sales.
Can I see Carlton prices street by street?
Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
Which schools are in Carlton?
Carlton has 2 ACARA-registered schools: Carlton Gardens Primary School, Carlton Primary School.
FREE SERVICE

Tell us what you're buying in Carlton

Answer a few questions and we'll match you with buyer's agents who cover Carlton and fit your budget and property type.

2-minute process

Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.