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Carlton Suburb Insights

VIC
Location Information

Suburb Name

Carlton, VIC

Distance from CBD

8.3 km
Demographics

Population

10,722

Median Income

$32,656

Area Information

Area

2.07 km²

Population Density

5180 people/km²

Property Market

Median Price

$734,176

Annual Growth

+19.1%
Property Price Trend Analysis

Current Median Price

$734,176

Annual Growth

+19.1%

Quarterly Growth

+4%

Price Trends - Last 6 Months

2024-01

$787,362

+7%
2024-02

$395,783

+6.3%
2024-03

$629,970

+13.8%
2024-04

$1,143,141

+12.3%
2024-05

$693,410

+16.3%
2024-06

$991,812

+12.9%
Property Type Price Analysis
House

Median Price

$1,008,400

Growth Rate

+9.5%

Available Listings

329 properties

Apartment

Median Price

$521,776

Growth Rate

+6.5%

Available Listings

218 properties

Townhouse

Median Price

$574,862

Growth Rate

+12.5%

Available Listings

305 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy