City of Melbourne

Carlton

VIC3000

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.

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

Median House PriceSource: Land Victoria / DTP · May 2026

$1,761,500

Median Unit PriceSource: Land Victoria / DTP · May 2026

$332,500

PopulationSource: ABS Census 2021

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 2026

1.09%

Based on $1,761,500 median

Gross Yield (Unit)

Source: Land Victoria / DTP · May 2026

4.93%

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.

Safety

Crime and safety.

Offence Summary

LGA-wide data, not suburb-specific

VIC Police only publishes crime statistics at the local government area / region level. The numbers below cover the entire Melbourne, which may include suburbs with very different crime profiles. Quieter residential pockets within the LGA likely have lower rates than the total suggests; busier areas may have higher.

2

total offences in 2025 across the Melbourne LGA

Top offence categories

A Crimes against the person1 (50.0%)
B Property and deception offences1 (50.0%)

Crime statistics are reported at LGA level and may cover a broader area than this suburb.

Source: State Police Open Data

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. Annual growth is +0.0%.
What is the Carlton postcode?
Carlton is in the 3000 postcode, in VIC, 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?
Carlton has approximately 43,084 residents. The median age is 28.

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 →

Always dated

Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.

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