Carlton at a glance
Median house
$1,761,500
Median unit
$332,500
Population
43.1k
Median age 28
The brief
What to know about Carlton.
The postcode for Carlton is 3000 (VIC), part of Greater Melbourne.
The median house price in Carlton is $1,761,500.
Carlton (3000) sits in the Melbourne region of Victoria. The median house here is $1,761,500, well above the Victoria median of around $850K.
Carlton has roughly 43,084 residents, with a young, transient demographic. Households are dominated by renters.
Who lives here
Demographics.
The 2021 Census put Carlton's population at 43,084, with a median age of 28. That sits as a young, transient demographic.
Population
43,084
Median age
28
Family households
–
Lone person
–
Houses change hands at $1,761,500 on a typical sale, well above the Victoria median. Units come in around $332,500, roughly 81% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $352,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$1,761,500
+0.0% over the past year. Median unit price $332,500.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$370/wk
Weekly rent (unit)
$315/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$1,761,500
$332,500
43,084
Median age: 28
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For investors
Investment overview.
Gross rental yield on houses sits at 1.09% (median rent $370/wk against a $1,761,500 price tag). Units yield 4.93% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: Land Victoria / DTP · May 20261.09%
Based on $1,761,500 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20264.93%
Based on $332,500 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Carlton.
Frequently asked
About Carlton.
- What is the median house price in Carlton?
- The median house price in Carlton, VIC 3000 is $1,761,500. The median unit price is $332,500.
- What is the Carlton postcode?
- Carlton is in the 3000 postcode, in VIC, in the City of Melbourne region.
- Where is Carlton?
- Carlton is a suburb of Melbourne, in VIC 3000. It is part of the Greater Melbourne area, in the City of Melbourne region.
- What is the average rent in Carlton?
- The median weekly rent for houses is $370, for units it's $315.
- What is the population of Carlton?
- The population of Carlton is approximately 43,084 (2021 Census). The median age is 28.
For Sale
Carlton
Buying
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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