Side by sideSuburb comparison

Carlton vs Princes Hill.

Comparing two suburbs with median house prices of $1,761,500 and $1,800,000.

Carlton (median $1,761,500) is roughly 2% cheaper to buy into than Princes Hill ($1,800,000).

On school quality, the average ICSEA across schools serving Princes Hill (1125) sits above Carlton (1044).

The takeWhich suburb suits which buyer

For buyers

Carlton is the lower entry point at $1,761,500 median, 2% 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 1044).

Common questionsCarlton vs Princes Hill

Common questions

Is Carlton or Princes Hill cheaper to buy in?

Carlton has the lower median house price at $1,761,500, roughly 2% below Princes Hill ($1,800,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Carlton or Princes Hill have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Princes Hill scores 1125 vs 1044 in Carlton. 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.

The numbers behind the take

Carlton
Metric
Princes Hill

Price & Market

$1,761,500
Median house
$1,800,000
$332,500
Median unit
$411,840
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$950/wk
Rent (house / wk)
$670/wk
Rent (unit / wk)
Owner occupied
53.0%
Renter occupied
42.0%

Lifestyle & Demographics

100
Walk score
100
100
Transit score
60
100
Bike score
100
Population
2,005
Median age
39

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1044
Avg ICSEA
1125

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).