Mortgage Broker Carlton
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Carlton is a vibrant and historic suburb located just 2 kilometers north of Melbourne's Central Business District in Victoria, Australia. Known for its rich cultural heritage, university presence, and culinary delights, Carlton offers a dynamic and diverse living experience.
Carlton is famous for its Italian heritage, primarily centered around Lygon Street, known as "Little Italy." This area is home to a plethora of Italian restaurants, cafes, and gelato bars, offering authentic Italian culinary experiences.
Carlton's housing market is characterized by a mix of historical charm and modern convenience, reflecting its status as one of Melbourne's most sought-after inner-city suburbs. The area is known for its Victorian terrace houses and period homes that add to its architectural appeal, alongside contemporary apartment complexes catering to a diverse demographic.
Last month Carlton had 352 properties available for rent and 225 properties for sale. Median property prices over the last year range from $1,270,000 for houses to $414,500 for units. If you are looking for an investment property, consider houses in Carlton rent out for $800 PW with an annual rental yield of 2.9% and units rent for $560 PW with a rental yield of 7.4%. Carlton has seen an annual compound growth rate of -10.9% for houses and 4.9% for units.
With its mix of cultural vibrancy, educational institutions, and historical charm, Carlton attracts a diverse population, including students, professionals, and families. The suburb’s lively atmosphere and abundance of amenities make it an appealing place to live.
Overall, Carlton’s blend of academic prestige, cultural richness, and historical significance creates a unique and engaging environment, making it one of Melbourne’s most desirable and interesting suburbs.
