Woodards market snapshot
Aug 2026
Carlton

Carlton Property Market Report

Median House Price

$1,305,000

Median Unit price

$330,000

Av days on market

59.5 days

AV Rental per week

$735
Carlton

Terraces Are Scarce, Apartments Everywhere

Carlton is overwhelmingly an apartment and rental market, and the numbers are striking: nearly three hundred one-bedroom units sold over the year, and more than a hundred and sixty two-bedroom apartments, the latter clearing at around seven in ten. The scarce period terraces are the prize, but even they ask for patience, with three-bedroom houses sitting around eighteen weeks on market and the largest homes clearing under a third.

That combination makes presentation and pricing decisive. A character home with modern updates draws genuine competition here, but only once buyers click through, so first impressions online matter enormously.

The clearest mistake in a market like this is pricing off a neighbour's sale from twelve or eighteen months ago. Buyers are selective and well informed, and the terraces that sell well are the ones priced to today's evidence and presented to stand out from a deep field of apartments.

Carlton Demographics

Median age

20-39

Population

16,055

Median rent

$895

Household income

$1,000 - $1,249

Dwelling structure
Flat or Apartment
80.74%
Semi-detached or Terrace
17.14%
House
1.34%
Other
0.78%
Home ownership
Rented
72.26%
Owned Outright
13.31%
Owner Mortgage
10.04%
Other
4.39%
Method of travel to work
Car
15.50%
Walk
13.32%
Train
2.23%
Bus
0.99%
Industry of employment
Professionals
41.27%
Community and Personal Service Workers
13.03%
Clerical and Administrative Workers
10.02%
Managers
9.81%

Market Performance

Median sale price
Properties sold
Auction clearance
Av days on market

Median sale price in Carlton

Median sale price for houses in Carlton is $1,305,000, up 0.4% from last year.

Median sale price for units in Carlton is $330,000, down 4.7% from last year.

Properties sold in Carlton

Properties sold for houses in Carlton is 88, up 37.5% from last year.

Properties sold for units in Carlton is 476, up 14.4% from last year.

Auction clearance in Carlton

Auction clearance for houses in Carlton is 57.1%, up 0.0% from last year.

Auction clearance for units in Carlton is 66.7%, up 1.3% from last year.

Av days on market in Carlton

Av days on market for houses in Carlton is 85, up 73.5% from last year.

Av days on market for units in Carlton is 34, down 30.6% from last year.

Sales data supplied by Domain

Sold Properties

Wondering what homes are actually selling for locally? Browse recently sold properties in the area

List
Map

Latest Articles

If youre constantly chasing your property manager something isnt working
If you’re constantly chasing your property manager, something isn’t working.

Good property management should remove uncertainty, not create more of it.

Read full article
How Much Does a Property Manager Charge
How Much Does a Property Manager Charge?

If you're considering engaging a property manager, one of the first questions you're likely to ask is: how much does property management actually cost?

Read full article
Is my property Actually a good investment
Is My Property Actually a Good Investment?

Owning an investment property and owning a good investment property are not necessarily the same thing. It’s an important distinction, and one that property investors should revisit regularly.

Read full article
Cash Rate Aug 2026
RBA holds cash rate at 4.35%

The Reserve Bank's decision to leave the cash rate on hold at 4.35 per cent is welcome news for buyers, sellers and businesses alike. While it's not a silver bullet for Melbourne's property market, it should provide some reassurance that the aggressive phase of the interest rate tightening cycle may be easing.

Read full article

Melbourne's property market is moving. Find out what your home is worth right now.

Discover the hidden potential of your biggest asset — for free, in seconds. Choose an Instant Appraisal for immediate market value and suburb performance, or request an in-depth Agent Appraisal from our experienced local Woodards professionals.

No obligation. No pressure. Just clarity.

Instant Appraisal
Agent Appraisal
Find out what your home is worth instantly
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Book your expert property appraisal
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Carlton exterior

Carlton North Office

Find Carlton North's Best Real Estate Agents at Woodards


Find an Agent

All of our agents have the experience and local knowledge to guide you

Book an Appraisal

Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision

Manage my Property

Switch to Woodards Property Management