Carlton North snapshot
- Median price: $1,080,000
- Median weekly rent: $813/wk
- Population: 8,186
- Days on market: 58 days
How Carlton North stacks up
- Rental Yield: Moderate
- Capital Growth: Soft
- Vacancy: Low
About Carlton North
Carlton North, located in Victoria, presents a unique opportunity for property investors. With a median price of $1,080,000 and a moderate rental yield, this suburb is appealing for those looking to invest in a vibrant community. The population of 8,186 indicates a stable demand for housing, which is supported by a low rental vacancy rate, suggesting that properties are being rented quickly.
While the capital growth is currently in a soft band, the typical days on market of 58 days indicates a steady interest in the area. Investors may find that Carlton North's combination of moderate rental yields and low vacancy rates makes it a worthwhile consideration for long-term investment strategies.
Frequently asked questions
What is the median property price in Carlton North?
The median property price in Carlton North is $1,080,000.
How much can I expect to rent a property for?
The median weekly rent in Carlton North is $813.
What is the population of Carlton North?
Carlton North has a population of 8,186.
How long do properties typically stay on the market?
Properties in Carlton North typically stay on the market for about 58 days.
What is the rental vacancy rate like in Carlton North?
The rental vacancy rate in Carlton North is considered low.