Carlton North at a glance
6,661
People
$1,240,000
Median sale
$759/wk
Median rent
3.18%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
VIC › Carlton North › Princes St
$867,000
Last sold
1 Oct 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$867,000
1 Oct 2022 · derived via latest_sale
Carlton North at a glance
6,661
People
$1,240,000
Median sale
$759/wk
Median rent
3.18%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Vs Carlton North
-30.1%
Median sale
Suburb $1,240,000
+1.37 pp
Gross yield
Suburb 3.18%
Suburb median $1,240,000 from 12 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1
NRZ1
Jurisdiction
Yarra
Yarra, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 1 Sept 2026). Verify the extent against the title before relying on unaffected land.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 122 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO326); DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $759/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
The listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO326); DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 122 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumThe listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO326); DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Carlton North at a glance
6,661
People
$1,240,000
Median sale
$759/wk
Median rent
3.18%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Woodards Carlton NorthIn an impressive Carlton location, this classic three-bedroom terrace presents a perfect way to enter the Carlton North real estate market at an affordable price. Ready to move in and enjoy or as a great investment proposition. With easy access and high visibility from the Eastern Freeway, close to Rathdowne Village and Lygon Street shopping strips, it offers perennial appeal for tenants, and a unique opportunity.
From the parapet and ornate wrought-iron of its heritage façade, the property showcases period flourishes throughout, with the front two rooms home to fireplaces with impressive mantels and decorative cornices.
A sunkissed, North-facing rear lounge opens out to a courtyard with ROW access which provides two off-street parking spaces. Further features include kitchen with stainless steel oven and gas cooktop, bathroom with shower and laundry, split-system heating/cooling.
The great location is just a few short steps from cafés in Rathdowne Village, an easy walk from Curtain Square, Princes Park, Melbourne Uni, and all the colour and culture of Lygon Street’s legendary Carlton strip.
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
Listing description written by John Costanzo, Woodards Carlton North — reproduced as published, not verified by Districts.