VIC/
Carlton north

Suburb Profile

Carlton North - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3054

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A 23.24% increase in median property prices in CARLTON NORTH, 3054 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 62nd.

A steady increase in median property prices over a five-year period in the suburb translates to a 54.33% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,520,500

The augmented property values in the suburb are trailing above the territorial average of 10.9% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $625.

Home owners selling their properties and realtors in CARLTON NORTH usually have to wait an average of 49.5 days days before their assets are lifted off the market.

The VIC suburb ranks 520th on the list of best yielding suburbs for rental properties in VIC, posting a 2.14% return.

It also places places 156th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,520,500 $597,250
GROWTH REPORT
Median Quarterly 4.86% 0.38%
Median 12 month 23.24% 8.2%
Median 3 years 54.33% 2.97%
Median 5 years 80.63% 31.99%
10 years average annual 8.52% 5.78%
Weekly media advert. rent $625 $450
Time on Market 49.5 days 65.7 days
Gross Rental Yield Percent 2.14% 3.92%
demographics (median values)
Total Population
6088
Weekly Household Income
1320
Household Size
2.20
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