Carlton North vs Princes Hill

Princes Hill (median $1,800,000) is roughly 1% cheaper to buy into than Carlton North ($1,826,000).

Buying in Carlton North or Princes Hill?

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Selling in Carlton North? The free selling guide

Carlton North and Princes Hill side by side

MeasureCarlton NorthPrinces Hill
Price and market
Median house$1,826,000$1,800,000
Median unit$781,500$411,840
Renting
House rent$950/wk–
Unit rent$600/wk–
Owner occupied47.0%53.0%
Renter occupied50.0%42.0%
Schools
Schools nearby2020
Average ICSEA11041125
Lifestyle and people
Walk score100100
Transit score9060
Bike score100100
Population6,1772,005
Median age3339
Climate
Annual rainfall582 mm582 mm
Mean max, January26.9°C26.9°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Princes Hill (1125) sits above Carlton North (1104).

For buyers
Princes Hill is the lower entry point at $1,800,000 median, 1% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Rental or growth data is incomplete for one or both suburbs. Look at the full investor view on each suburb profile for a complete picture.
For families
Princes Hill edges out on average school ICSEA (1125 vs 1104).

Carlton North vs Princes Hill: common questions

Is Carlton North or Princes Hill cheaper to buy in?

Princes Hill has the lower median house price at $1,800,000, roughly 1% below Carlton North ($1,826,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Carlton North or Princes Hill have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Princes Hill scores 1125 vs 1104 in Carlton North. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.