Suburb Profile Report for Carlton North VIC (3054)

Carlton North House: Median price $1,495,000, Annual capital growth 8.11%, Number of sales 64, Weekly median advertised rent $650

Carlton North Unit: Median price $555,000, Annual capital growth 2.59%, Number of sales 12, Weekly median advertised rent $463

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Carlton North, 3054 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.70%

When looking at the potential capital gains offered to property investors over the last 3 years, Carlton North comes in at number 292th in VIC.

Property buyers and investors in Carlton North 3054 should be seeing an average reduction in asking price of around -6.59% . This means that Carlton North is holding prices well when compared to other suburbs in VIC.

Residents and property investors in Carlton North have been waiting around 72.2571 days to sell a property.

With the median price for a house in Carlton North being $1495000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 2.26%

Giving property investors a a poor capital gain of -16.54% for the last year, Carlton North, 3054 is the 1393th highest performer in Australia in this respect.

While Carlton North,3054 ranked number 254th in VIC for increase in median house value (annualised) increase, it is ranked 319th over the last 5 years.

Metrics i HOUSE UNIT
$1,495,000 $555,000
3.10% -1.68%
1.70% -16.54%
8.11% 2.59%
$650 $463
64 12
2.26% 4.33%
72.2571428571429 47.3571428571429

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 6219
Median household income ($/weekly) 1764
Median age of persons 31
Median housing loan repayment ($/monthly) 2400
Average household size 2.3
  • Census Count Percent(%)
    20-24 years 857 13.8
    25-34 years 1834 29.5
    35-44 years 921 14.8
    45-54 years 639 10.3
    55-64 years 543 8.7
    Others 1426 22.9
    Age Group
    Census Count Percent(%)
    Not Married 2887 56.5
    Registered Married 1391 27.2
    Defacto Relationship 828 16.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4332 73.4
    Japan 176 3.0
    Papua New Guinea 197 3.3
    United Kingdom 292 5.0
    Other 243 4.1
    Others 658 11.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 149 2.7
    Christianity 2363 42.7
    Islam 74 1.3
    Judaism 50 0.9
    No Religion 2846 51.4
    Others 58 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 198 8.4
    $1,500-$1,999 285 12.1
    $2,000-$2,499 229 9.7
    $2,500-$2,999 331 14.1
    $4,000 or more 193 8.2
    Others 1115 47.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2488 46.8
    Employed, worked part-time 1271 23.9
    Not in the labour force 1173 22.1
    Employed, away from work 208 3.9
    Unemployed, looking for work 178 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 551 13.9
    Professionals 1868 47.0
    Community & personal service workers 365 9.2
    Clerical & administrative workers 471 11.9
    Sales 279 7.0
    Others 437 11.0
    Occupation
    Census Count Percent(%)
    Pre-school 77 4.8
    Infants/Primary 238 14.7
    Secondary 164 10.1
    Technical or Further Educational Institution 127 7.8
    University or other Tertiary Institutions 958 59.2
    Others 54 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 4426 75.5
    Flat, unit or apartment 950 16.2
    Separate house 419 7.1
    House or flat attached to a shop, office 68 1.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1386 53.3
    Fully owned 742 28.5
    Being purchased 458 17.6
    Other tenure type 14 0.5
    Tenure Type
Census 2011, ABS
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